Jinxin Fertility Group (Jinxin Fertility Group) ROCE % : 3.33% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Jinxin Fertility Group 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. Jinxin Fertility Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.33%.

Jinxin Fertility Group ROCE % Historical Data

The historical data trend for Jinxin Fertility Group'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.

Jinxin Fertility Group ROCE % Chart

Jinxin Fertility Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.08

4.38

4.76

1.79

4.19

Jinxin Fertility Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									4.90	4.32	-0.64	4.86	3.33

Jinxin Fertility Group ROCE % Calculation

Jinxin Fertility Group'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 )
	=	76.176	/	( ( (2184.838 - 396.456)	+	(2086.241 - 236.665) )	/ 2 )
	=	76.176	/	( (1788.382	+	1849.576)	/ 2 )
	=	76.176	/	1818.979
	=	4.19 %

Jinxin Fertility Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	62.386	/	( ( (2126.731 - 227.058)	+	(2086.241 - 236.665) )	/ 2 )
	=	62.386	/	( ( 1899.673	+	1849.576 )	/ 2 )
	=	62.386	/	1874.6245
	=	3.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Jinxin Fertility Group (OTCPK:JXFGF) 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.

Jinxin Fertility Group ROCE % Related Terms

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

Jinxin Fertility Group (Jinxin Fertility Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jinxin Fertility Group Ltd (OTCPK:JXFGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

01951:Hong Kong 3NX:Germany

Address

No. 301, North Jingsha Road, Jinjiang District, Sichuan, Chengdu, CHN

Website

https://www.jxr-fertility.com

Jinxin Fertility Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in providing IVF services in both China and the United States. The firm generates its revenue from Assisted reproductive services, management services, and ancillary medical services. Geographically, it generates a majority of its revenue from the People's Republic of China.

Jinxin Fertility Group (Jinxin Fertility Group) Headlines

No Headlines