Lingda Group Co (SZSE:300125) ROCE % : -11.03% (As of Mar. 2024)

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What is Lingda 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. Lingda Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.03%.

Lingda Group Co ROCE % Historical Data

The historical data trend for Lingda 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.

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Lingda Group Co ROCE % Chart

Lingda Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.34

-2.39

-3.44

2.07

-15.61

Lingda 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															0.55	3.32	6.76	-71.56	-11.03

Lingda Group Co ROCE % Calculation

Lingda 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 )
	=	-207.201	/	( ( (2135.437 - 716.96)	+	(1949.551 - 713.329) )	/ 2 )
	=	-207.201	/	( (1418.477	+	1236.222)	/ 2 )
	=	-207.201	/	1327.3495
	=	-15.61 %

Lingda 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 )
	=	-134.264	/	( ( (1949.551 - 713.329)	+	(1768.062 - 569.245) )	/ 2 )
	=	-134.264	/	( ( 1236.222	+	1198.817 )	/ 2 )
	=	-134.264	/	1217.5195
	=	-11.03 %

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

Lingda Group Co (SZSE:300125) 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.

Lingda Group Co ROCE % Related Terms

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Lingda Group Co (SZSE:300125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Lingda Group Co Ltd (SZSE:300125) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

20th Floor, Block B, No. 32A, Huoju Road, High-tech Industrial Park, Liaoning, Dalian, CHN, 116023

Website

http://www.dleast.cc

Lingda Group Co Ltd, formerly Dalian East New Energy Development Co Ltd is engaged in the research and development of technology, engineering, design, equipment manufacture, project construction, and operation and management in new energy development, ecological environment improvement, and energy conservation.

Executives

Qiu Zhi Hua	Executives
Han Jia Hou	Directors, executives
Zhao Kai Xin	Supervisors
Liu Zhen Dong	Director
He Qi Xian	Director
Liu Yan Jun	Director
Tang Jin Quan	Directors, executives
Ceng Xue Min	Independent director
Zhang Jun	Directors, executives
Zhang Yuan	Executives
Yan Ke Wei	Director
Liang Yu Qiang	Executives
Han Zhi Yong	Supervisors
Han Zhong Huan	Executives
He Yong Gui	Director

Lingda Group Co (SZSE:300125) Headlines

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