Zheneng Jinjiang Environment Holding Co (SGX:BWM) ROCE % : 0.00% (As of Dec. 2023)

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What is Zheneng Jinjiang Environment Holding Co 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. Zheneng Jinjiang Environment Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Zheneng Jinjiang Environment Holding Co ROCE % Historical Data

The historical data trend for Zheneng Jinjiang Environment Holding Co'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.

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Zheneng Jinjiang Environment Holding Co ROCE % Chart

Zheneng Jinjiang Environment Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.80

7.53

7.27

6.23

5.65

Zheneng Jinjiang Environment Holding Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															3.53	3.69	11.20	-	-

Zheneng Jinjiang Environment Holding Co ROCE % Calculation

Zheneng Jinjiang Environment Holding Co'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 )
	=	160.052	/	( ( (4163.555 - 1389.439)	+	(4094.695 - 1206.4) )	/ 2 )
	=	160.052	/	( (2774.116	+	2888.295)	/ 2 )
	=	160.052	/	2831.2055
	=	5.65 %

Zheneng Jinjiang Environment Holding Co'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 )
	=	0	/	( ( (4044.408 - 1079.18)	+	(4094.695 - 1206.4) )	/ 2 )
	=	0	/	( ( 2965.228	+	2888.295 )	/ 2 )
	=	0	/	2926.7615
	=	0.00 %

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

Zheneng Jinjiang Environment Holding Co (SGX:BWM) 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.

Zheneng Jinjiang Environment Holding Co ROCE % Related Terms

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Zheneng Jinjiang Environment Holding Co (SGX:BWM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Zheneng Jinjiang Environment Holding Co Ltd (SGX:BWM) » Definitions » ROCE %

Traded in Other Exchanges

3UG:Germany

Address

1 Yinxiu Road, Level 19, Tower A, Hangyue Commercial Center, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310011

Website

http://www.znjjhj.com

Zheneng Jinjiang Environment Holding Co Ltd is engaged in providing waste-to-energy recycling services. It mainly engaged in the generation and sales of electricity and steam, operation of waste-to-energy plants and project management, technical consulting and advisory services, and energy management contracting business. It has two reportable segments namely Waste-to-energy project construction and operation and Project technical and management service equipment selection and sale and EMC business. It generates a majority of its revenue from the Waste-to-energy project construction and operation segment. Its geographical segments include China, India, and other countries of which prime revenue is derived from China.

Zheneng Jinjiang Environment Holding Co (SGX:BWM) Headlines

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