Smart Powerr (FRA:CR9) ROCE % : -0.43% (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Smart Powerr ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Smart Powerr's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.43%.

Smart Powerr ROCE % Historical Data

The historical data trend for Smart Powerr's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Smart Powerr ROCE % Chart

Smart Powerr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-9.78

5.69

-8.32

-3.14

-0.19

Smart Powerr Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.70	0.09	-0.28	-0.14	-0.43

Smart Powerr ROCE % Calculation

Smart Powerr's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.197	/	( ( (131.344 - 23.018)	+	(125.143 - 21.892) )	/ 2 )
	=	-0.197	/	( (108.326	+	103.251)	/ 2 )
	=	-0.197	/	105.7885
	=	-0.19 %

Smart Powerr's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.448	/	( ( (126.239 - 21.8)	+	(125.143 - 21.892) )	/ 2 )
	=	-0.448	/	( ( 104.439	+	103.251 )	/ 2 )
	=	-0.448	/	103.845
	=	-0.43 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Smart Powerr (FRA:CR9) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Smart Powerr ROCE % Related Terms

Thank you for viewing the detailed overview of Smart Powerr's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Powerr (FRA:CR9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Smart Powerr Corp (FRA:CR9) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CREG:USA

Address

Rong Cheng Yun Gu Building Keji 3rd Road, 4th Floor, Tower C, Yanta District, Shaan Xi Province, Xi’an, CHN, 710075

Website

http://www.creg-cn.com

Smart Powerr Corp, is a developer of waste energy recycling. The company design, finance, construct, operate, and transfer energy saving and recovery facilities for multiple energy-intensive industries. Its waste heat-to-energy solution consists of heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes, such as the entrance and exit ends of the cement rotary kilns, to generate electricity. The company's waste gas-to-energy solution consists of a WGPG system that utilizes flammable waste gas from coal mining, petroleum exploitation, refinery processing, or other sources as a fuel source to generate electricity.

Smart Powerr (FRA:CR9) Headlines

No Headlines