Jangho Group Co (SHSE:601886) ROCE % : 12.06% (As of Mar. 2024)

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What is Jangho 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. Jangho Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.06%.

Jangho Group Co ROCE % Historical Data

The historical data trend for Jangho 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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Jangho Group Co ROCE % Chart

Jangho Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.30

14.79

-7.74

10.36

12.12

Jangho 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															12.28	10.91	7.44	16.98	12.06

Jangho Group Co ROCE % Calculation

Jangho 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 )
	=	1076.325	/	( ( (26946.937 - 18578.546)	+	(28705.969 - 19307.708) )	/ 2 )
	=	1076.325	/	( (8368.391	+	9398.261)	/ 2 )
	=	1076.325	/	8883.326
	=	12.12 %

Jangho 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 )
	=	1156.42	/	( ( (28705.969 - 19307.708)	+	(26836.43 - 17057.369) )	/ 2 )
	=	1156.42	/	( ( 9398.261	+	9779.061 )	/ 2 )
	=	1156.42	/	9588.661
	=	12.06 %

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

Jangho Group Co (SHSE:601886) 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.

Jangho Group Co ROCE % Related Terms

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Jangho Group Co (SHSE:601886) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Jangho Group Co Ltd (SHSE:601886) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN

Website

http://www.jangho.com

Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.

Executives

Liu Zai Wang	Director
Xu Xing Li	senior management
Wang Qi Feng	Director
Jia De Hu	senior management
Liu Zhong Yue	senior management
Xiong Bao	senior management
Zhou Han Ping	senior management
Yu Jun	senior management
Dai Jun	senior management
Shi Ying	Supervisors
Hu Peng Fei	senior management
Chang Xi Zhe	senior management
Huang Yong Jun	Supervisors
Zhang Sheng	senior management

Jangho Group Co (SHSE:601886) Headlines

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