Yihai Kerry Arawana Holdings Co (SZSE:300999) ROCE % : 5.77% (As of Mar. 2024)

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What is Yihai Kerry Arawana Holdings 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. Yihai Kerry Arawana Holdings Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.77%.

Yihai Kerry Arawana Holdings Co ROCE % Historical Data

The historical data trend for Yihai Kerry Arawana Holdings 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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Yihai Kerry Arawana Holdings Co ROCE % Chart

Yihai Kerry Arawana Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.19

13.04

8.18

5.78

5.34

Yihai Kerry Arawana Holdings 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															5.35	1.99	8.67	5.31	5.77

Yihai Kerry Arawana Holdings Co ROCE % Calculation

Yihai Kerry Arawana Holdings 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 )
	=	5877.601	/	( ( (227943.209 - 116485.775)	+	(238499.99 - 129958.88) )	/ 2 )
	=	5877.601	/	( (111457.434	+	108541.11)	/ 2 )
	=	5877.601	/	109999.272
	=	5.34 %

Yihai Kerry Arawana Holdings 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 )
	=	6158.696	/	( ( (238499.99 - 129958.88)	+	(226124.513 - 121200.811) )	/ 2 )
	=	6158.696	/	( ( 108541.11	+	104923.702 )	/ 2 )
	=	6158.696	/	106732.406
	=	5.77 %

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

Yihai Kerry Arawana Holdings Co (SZSE:300999) 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.

Yihai Kerry Arawana Holdings Co ROCE % Related Terms

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Yihai Kerry Arawana Holdings Co (SZSE:300999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai Kerry Arawana Holdings Co Ltd (SZSE:300999) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, 1379 Bocheng Road, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200126

Website

https://www.yihaikerry.net.cn

Yihai Kerry Arawana Holdings Co Ltd is engaged in research and development, production and sales of kitchen food, feed ingredients and oil technology products. The company is involved in oilseed pressing, edible oil refining, special oils, oil technology, corn deep processing, wheat deep processing, soybean deep processing, rice circular economy, food raw materials, grain and oil technology research and development and other industries. Its products cover small-packaged edible oil, rice, flour, dried noodles, rice noodles, soy milk, special grains and oils for catering, food raw materials, oil technology and many other fields. Its brands are Golden Dragon Fish, Ou Li Wei Lan, Orchid Flower, Fragrant Garden, Haihuang, Feng Yuan, Golden Flavor, Ruilong and Jie Jin 100.

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