Power HF Co (SHSE:605100) ROCE % : 7.60% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Power HF 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. Power HF Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.60%.

Power HF Co ROCE % Historical Data

The historical data trend for Power HF 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.

* Premium members only.

Power HF Co ROCE % Chart

Power HF Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

23.80

17.53

10.76

1.85

6.97

Power HF 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															9.05	3.30	3.55	11.93	7.60

Power HF Co ROCE % Calculation

Power HF 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 )
	=	134.203	/	( ( (2221.505 - 370.797)	+	(2380.294 - 377.503) )	/ 2 )
	=	134.203	/	( (1850.708	+	2002.791)	/ 2 )
	=	134.203	/	1926.7495
	=	6.97 %

Power HF 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 )
	=	153.82	/	( ( (2380.294 - 377.503)	+	(2492.118 - 445.574) )	/ 2 )
	=	153.82	/	( ( 2002.791	+	2046.544 )	/ 2 )
	=	153.82	/	2024.6675
	=	7.60 %

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

Power HF Co (SHSE:605100) 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.

Power HF Co ROCE % Related Terms

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

Power HF Co (SHSE:605100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Power HF Co Ltd (SHSE:605100) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7879 Yingqian Street, High-tech Zone, Shandong Province, Weifang, CHN, 261041

Website

http://www.powerhf.com

Power HF Co Ltd is engaged in the research and development, manufacturing and sales of diesel engines, core components and intelligent generator sets, as well as comprehensive operation and maintenance services for power facilities such as communication base station generator sets.

Power HF Co (SHSE:605100) Headlines

No Headlines