Annil Co (SZSE:002875) ROCE % : 8.09% (As of Mar. 2024)

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What is Annil 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. Annil Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.09%.

Annil Co ROCE % Historical Data

The historical data trend for Annil 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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Annil Co ROCE % Chart

Annil Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.52

-5.94

0.25

-22.06

-8.12

Annil 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															-1.34	-6.88	-19.52	-6.24	8.09

Annil Co ROCE % Calculation

Annil 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 )
	=	-83.974	/	( ( (1318.077 - 345.892)	+	(1389.17 - 294.174) )	/ 2 )
	=	-83.974	/	( (972.185	+	1094.996)	/ 2 )
	=	-83.974	/	1033.5905
	=	-8.12 %

Annil 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 )
	=	87.704	/	( ( (1389.17 - 294.174)	+	(1284.156 - 209.682) )	/ 2 )
	=	87.704	/	( ( 1094.996	+	1074.474 )	/ 2 )
	=	87.704	/	1084.735
	=	8.09 %

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

Annil Co (SZSE:002875) 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.

Annil Co ROCE % Related Terms

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Annil Co (SZSE:002875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Annil Co Ltd (SZSE:002875) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

NO.2018 Xuegang Road, Bantian Street, 13th-17th Floors, 3-A Building, 1st Phase, Cloud Park industrial Zone, Longgang District, Shenzhen, CHN, 518129

Website

http://www.annil.com

Annil Co Ltd is engaged in the design and manufacture of clothing products for infants and kids. Its main products include tops, coats, trousers, skirts, down jackets, leisure wears and other accessories. Its products are made of natural cotton, flax and wool, printed and dyed with active green dyes.

Executives

Cao Zhang	Director
Xu Wen Li	Director
Long Yan	Directors, executives
Wang Jian Qing	Directors, executives
Cheng Shu Xia	Supervisors
Wang Jian Guo	Supervisors
Jiang Chun	Secretary Dong
Wang Yi Peng	Executives
Xiao Yan	Supervisors
Liao Zhi Gang	Directors, executives

Annil Co (SZSE:002875) Headlines

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