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Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) ROCE % : -111.08% (As of Mar. 2024)


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What is Dong Yi Ri Sheng Home Decor 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. Dong Yi Ri Sheng Home Decor Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -111.08%.


Dong Yi Ri Sheng Home Decor Group Co ROCE % Historical Data

The historical data trend for Dong Yi Ri Sheng Home Decor 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.

Dong Yi Ri Sheng Home Decor Group Co ROCE % Chart

Dong Yi Ri Sheng Home Decor Group 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 -14.62 25.59 10.48 -79.33 -34.31

Dong Yi Ri Sheng Home Decor 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 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 -62.91 -55.68 -29.61 -0.11 -111.08

Dong Yi Ri Sheng Home Decor Group Co ROCE % Calculation

Dong Yi Ri Sheng Home Decor 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 )
=-200.252/( ( (3233.835 - 2590.983) + (2930.747 - 2406.453) )/ 2 )
=-200.252/( (642.852+524.294)/ 2 )
=-200.252/583.573
=-34.31 %

Dong Yi Ri Sheng Home Decor 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 )
=-503.228/( ( (2930.747 - 2406.453) + (2739.338 - 2357.605) )/ 2 )
=-503.228/( ( 524.294 + 381.733 )/ 2 )
=-503.228/453.0135
=-111.08 %

(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.


Dong Yi Ri Sheng Home Decor Group Co  (SZSE:002713) 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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Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Dongdaqiao Road, 310, 3rd Floor, Shangdu International Center, Chaoyang District, Beijing, CHN, 100020
Dong Yi Ri Sheng Home Decor Group Co Ltd is a Chinese company engaged in offering residential interior design, construction, main material agents, and self-supporting system of wooden products development model. It offers solutions comprising of household wooden products, ceramic tiles, wallpaper, flooring and sanitary ware. The company uses wood-based production equipment to build a complete production system for household wood products.
Executives
Guan Zhe Directors, executives
Li Shuang Xia Directors, executives
Liu Yong Directors, executives
Li Yong Hong Supervisors
Xu Jian An Directors, executives
Chen Hui Director
Yang Jin Directors, executives
Mao Zhi Hui Executives
Sun Hai Long Directors, executives

Dong Yi Ri Sheng Home Decor Group Co (SZSE:002713) Headlines

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