Sanli Environmental (SGX:1E3) ROCE % : 12.66% (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Sanli Environmental 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. Sanli Environmental's annualized ROCE % for the quarter that ended in Sep. 2023 was 12.66%.

Sanli Environmental ROCE % Historical Data

The historical data trend for Sanli Environmental'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.

Sanli Environmental ROCE % Chart

Sanli Environmental Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

10.27

2.71

2.19

6.75

16.05

Sanli Environmental Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial													7.52	6.30	10.98	21.52	12.66

Sanli Environmental ROCE % Calculation

Sanli Environmental's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	5.438	/	( ( (53.591 - 20.867)	+	(94.958 - 59.922) )	/ 2 )
	=	5.438	/	( (32.724	+	35.036)	/ 2 )
	=	5.438	/	33.88
	=	16.05 %

Sanli Environmental's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	5.092	/	( ( (94.958 - 59.922)	+	(92.656 - 47.252) )	/ 2 )
	=	5.092	/	( ( 35.036	+	45.404 )	/ 2 )
	=	5.092	/	40.22
	=	12.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Sanli Environmental (SGX:1E3) 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.

Sanli Environmental ROCE % Related Terms

Thank you for viewing the detailed overview of Sanli Environmental's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanli Environmental (SGX:1E3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Sanli Environmental Ltd (SGX:1E3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Kian Teck Drive, Singapore, SGP, 628845

Website

https://www.sanli.com.sg

Sanli Environmental Ltd is an investment holding and provision of management services. The company's operating segment includes Engineering, Procurement, and Construction (EPC), and Operations and Maintenance (O&M). It generates maximum revenue from the EPC segment. The EPC segment is engaged in the provision of engineering, procurement, and construction services relating to water and waste management. Geographically, it derives revenue from Singapore.

Sanli Environmental (SGX:1E3) Headlines

No Headlines