Sichuan Development Lomon Co (SZSE:002312) ROCE % : 5.17% (As of Mar. 2024)

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What is Sichuan Development Lomon 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. Sichuan Development Lomon Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.17%.

Sichuan Development Lomon Co ROCE % Historical Data

The historical data trend for Sichuan Development Lomon 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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Sichuan Development Lomon Co ROCE % Chart

Sichuan Development Lomon Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.32

20.02

15.76

14.25

5.25

Sichuan Development Lomon 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															6.71	4.46	5.05	3.33	5.17

Sichuan Development Lomon Co ROCE % Calculation

Sichuan Development Lomon 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 )
	=	615.918	/	( ( (15342.183 - 3922.514)	+	(17069.172 - 5043.655) )	/ 2 )
	=	615.918	/	( (11419.669	+	12025.517)	/ 2 )
	=	615.918	/	11722.593
	=	5.25 %

Sichuan Development Lomon 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 )
	=	632.928	/	( ( (17069.172 - 5043.655)	+	(17507.559 - 5037.221) )	/ 2 )
	=	632.928	/	( ( 12025.517	+	12470.338 )	/ 2 )
	=	632.928	/	12247.9275
	=	5.17 %

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

Sichuan Development Lomon Co (SZSE:002312) 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.

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Sichuan Development Lomon Co (SZSE:002312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sichuan Development Lomon Co Ltd (SZSE:002312) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 151, 2nd Tianfu Street, World Financial Center, Chengdu, Sichuan, CHN, 610094

Website

http://www.isantai.com

Sichuan Development Lomon Co Ltd is engaged in the mining and chemical industry. Its main products are phosphate products such as monoammonium phosphate, calcium hydrogen phosphate, and various compound fertilizer products.

Executives

Zhu Guang Hui	Executives
Zhu Jiang	Director
Song Hua Mei	Secretary, Director
Wang Li Wei	Executives
Liu Jing	Executives
Feng Zhi Bin	Director
Wang Hong	Executives
Chen Hong Min	Independent director
Song Xiao Xia	Supervisors, securities affairs representatives
He Xiao Jing	Directors, executives
Yang Dong	Director
Chen Guang Ping	Supervisors
Xia Yu Zhu	Director
Hao Jing Xia	Supervisors
Shen Pan Xiao	Executives

Sichuan Development Lomon Co (SZSE:002312) Headlines

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