GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing Orient Landscape & Environment Co Ltd (SZSE:002310) » Definitions » ROCE %

Beijing Orient Landscape & Environment Co (SZSE:002310) ROCE % : -4.87% (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Beijing Orient Landscape & Environment 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. Beijing Orient Landscape & Environment Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.87%.


Beijing Orient Landscape & Environment Co ROCE % Historical Data

The historical data trend for Beijing Orient Landscape & Environment 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.

Beijing Orient Landscape & Environment Co ROCE % Chart

Beijing Orient Landscape & Environment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 1.22 -2.16 -27.64 -44.88

Beijing Orient Landscape & Environment 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.00 -10.57 -28.20 -132.76 -4.87

Beijing Orient Landscape & Environment Co ROCE % Calculation

Beijing Orient Landscape & Environment 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 )
=-3992.754/( ( (40785.637 - 29207.661) + (36189.224 - 29975.067) )/ 2 )
=-3992.754/( (11577.976+6214.157)/ 2 )
=-3992.754/8896.0665
=-44.88 %

Beijing Orient Landscape & Environment 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 )
=-295.46/( ( (36189.224 - 29975.067) + (35978.26 - 30070.078) )/ 2 )
=-295.46/( ( 6214.157 + 5908.182 )/ 2 )
=-295.46/6061.1695
=-4.87 %

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

* 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.


Beijing Orient Landscape & Environment Co  (SZSE:002310) 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.


Beijing Orient Landscape & Environment Co ROCE % Related Terms

Thank you for viewing the detailed overview of Beijing Orient Landscape & Environment Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Orient Landscape & Environment Co (SZSE:002310) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jiuxianqiao North Road, 104th Floor, IT Industrial Park, Electronic City, Chaoyang District, Beijing, CHN, 100015
Beijing Orient Landscape & Environment Co Ltd is engaged in the design, planting, distribution, and maintenance of landscapes. The company operates mainly within China. The company has built approximately 100 parks, water resources, water environment and water landscape.
Executives
He Qiao Ling Supervisors
Jia Ying Executives
He Qiao Nv Director
Hou Jian Dong Executives
Zhang Zhen Di Executives
Huang Xin Zhong Executives
Jin Jian Directors, executives
Zhao Dong Directors, executives
Liu Wei Jie Directors, executives
He Lan Supervisors
Fang Yi Supervisors
Zhang Cheng Director
Ma Zhe Gang Director
Guo Chao Hui Supervisors
Wang Qiong Supervisors

Beijing Orient Landscape & Environment Co (SZSE:002310) Headlines

No Headlines