Zhejiang Yasha Decoration Co (SZSE:002375) ROCE % : 3.67% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Yasha Decoration 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. Zhejiang Yasha Decoration Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.67%.

Zhejiang Yasha Decoration Co ROCE % Historical Data

The historical data trend for Zhejiang Yasha Decoration 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.

Zhejiang Yasha Decoration Co ROCE % Chart

Zhejiang Yasha Decoration Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.57

5.70

-10.98

4.04

4.11

Zhejiang Yasha Decoration 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															3.83	4.47	7.15	0.97	3.67

Zhejiang Yasha Decoration Co ROCE % Calculation

Zhejiang Yasha Decoration 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 )
	=	338.694	/	( ( (23180.146 - 15024.828)	+	(23015.549 - 14706.49) )	/ 2 )
	=	338.694	/	( (8155.318	+	8309.059)	/ 2 )
	=	338.694	/	8232.1885
	=	4.11 %

Zhejiang Yasha Decoration 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 )
	=	304.328	/	( ( (23015.549 - 14706.49)	+	(21080.199 - 12814.532) )	/ 2 )
	=	304.328	/	( ( 8309.059	+	8265.667 )	/ 2 )
	=	304.328	/	8287.363
	=	3.67 %

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

Zhejiang Yasha Decoration Co (SZSE:002375) 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.

Zhejiang Yasha Decoration Co ROCE % Related Terms

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

Zhejiang Yasha Decoration Co (SZSE:002375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Yasha Decoration Co Ltd (SZSE:002375) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

99 Shaxiu Road, Block A, Yaxia Center, Xihu District, Hangzhou, CHN, 310008

Website

http://www.chinayasha.com

Zhejiang Yasha Decoration Co Ltd is engaged in the Chinese architectural decoration industry. It is focused on the interior and exterior decoration, curtain wall, design, and construction, as well as landscaping, mechanical and electrical installation, building intellectualization, stone processing, and so on. The business scope of the company includes designing and decorating high-end hotels, large public buildings, high-end residential buildings, airport, transport station, commercial complex, bank and financial institution, hospital, art and culture center, and others.

Executives

Sun Hua Feng	Executives
Wang Wen Guang	Director
Ding Ze Cheng	Director
Ding Xin Xin	Director
Dai Yi Jun	Directors, Directors, and Executives
Wang Zhen	Supervisors
Zhang Wei	Directors, executives
Yan Wei Qun	Executives
Shen Zhi Neng	Executives
Li Sheng Rong	Executives
Ding Hai Fu	Director
Zhang Jian Fu	Executives
Yu Shu	Directors, executives
Zhang Xing Juan	Director
Yu Zheng Yang	Executives

Zhejiang Yasha Decoration Co (SZSE:002375) Headlines

No Headlines