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YanGuFang International Group Co (YanGuFang International Group Co) ROCE % : 30.92% (As of Dec. 2022)


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What is YanGuFang International 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. YanGuFang International Group Co's annualized ROCE % for the quarter that ended in Dec. 2022 was 30.92%.


YanGuFang International Group Co ROCE % Historical Data

The historical data trend for YanGuFang International 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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YanGuFang International Group Co ROCE % Chart

YanGuFang International Group Co Annual Data
Trend Jun20 Jun21 Jun22
ROCE %
49.35 70.14 33.99

YanGuFang International Group Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
ROCE % Get a 7-Day Free Trial 37.37 98.42 44.89 22.52 30.92

YanGuFang International Group Co ROCE % Calculation

YanGuFang International Group Co's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=8.074/( ( (47.579 - 27.981) + (65.545 - 37.63) )/ 2 )
=8.074/( (19.598+27.915)/ 2 )
=8.074/23.7565
=33.99 %

YanGuFang International Group Co's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=8.89/( ( (65.545 - 37.63) + (72.13 - 42.533) )/ 2 )
=8.89/( ( 27.915 + 29.597 )/ 2 )
=8.89/28.756
=30.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) 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.


YanGuFang International Group Co  (OTCPK:YGFGF) 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.


YanGuFang International Group Co ROCE % Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Traded in Other Exchanges
N/A
Address
33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100
YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.