Shanghai Bailian Group Co (SHSE:600827) ROCE % : 7.47% (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Shanghai Bailian Group 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. Shanghai Bailian Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.47%.

Shanghai Bailian Group Co ROCE % Historical Data

The historical data trend for Shanghai Bailian Group 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.

* Premium members only.

Shanghai Bailian Group Co ROCE % Chart

Shanghai Bailian Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.54

5.62

5.44

5.00

3.33

Shanghai Bailian Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.85	3.28	2.26	-0.48	7.47

Shanghai Bailian Group Co ROCE % Calculation

Shanghai Bailian Group 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 )
	=	1048.299	/	( ( (57796.081 - 25428.581)	+	(56266.074 - 25666.341) )	/ 2 )
	=	1048.299	/	( (32367.5	+	30599.733)	/ 2 )
	=	1048.299	/	31483.6165
	=	3.33 %

Shanghai Bailian Group Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2285.424	/	( ( (56266.074 - 25666.341)	+	(55474.425 - 24864.034) )	/ 2 )
	=	2285.424	/	( ( 30599.733	+	30610.391 )	/ 2 )
	=	2285.424	/	30605.062
	=	7.47 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Shanghai Bailian Group Co (SHSE:600827) 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.

Shanghai Bailian Group Co ROCE % Related Terms

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

Shanghai Bailian Group Co (SHSE:600827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Bailian Group Co Ltd (SHSE:600827) » Definitions » ROCE %

Traded in Other Exchanges

900923:China

Address

Room 1101, 11 / F, 501 Zhang Yang Road, Pudong New Area, Shanghai, CHN, 200120

Website

http://www.bailian.sh.cn

Shanghai Bailian Group Co Ltd through its subsidiaries, operates department stores, shopping malls, supermarkets, convenience stores, specialty retail stores, and outlets in China. It also offers non-ferrous and ferrous metals, as well as automotive, chemical light, electrical, timber and fuel products. In addition, the company is involved in the e-commerce, logistics, consumer services, electronic information, and other fields.

Shanghai Bailian Group Co (SHSE:600827) Headlines

No Headlines