China Green Agriculture (STU:GR0A) ROCE % : -17.09% (As of Dec. 2023)

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

What is China Green Agriculture 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. China Green Agriculture's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.09%.

China Green Agriculture ROCE % Historical Data

The historical data trend for China Green Agriculture'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.

China Green Agriculture ROCE % Chart

China Green Agriculture Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

4.77

-41.90

-51.95

-54.50

-9.90

China Green Agriculture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-9.55	0.70	-27.41	-5.55	-17.09

China Green Agriculture ROCE % Calculation

China Green Agriculture's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-12.077	/	( ( (184.579 - 57.085)	+	(172.307 - 55.727) )	/ 2 )
	=	-12.077	/	( (127.494	+	116.58)	/ 2 )
	=	-12.077	/	122.037
	=	-9.90 %

China Green Agriculture's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-19.468	/	( ( (171.341 - 55.454)	+	(170.588 - 58.638) )	/ 2 )
	=	-19.468	/	( ( 115.887	+	111.95 )	/ 2 )
	=	-19.468	/	113.9185
	=	-17.09 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

China Green Agriculture (STU:GR0A) 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.

China Green Agriculture ROCE % Related Terms

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

China Green Agriculture (STU:GR0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China Green Agriculture Inc (STU:GR0A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CGA:USA

Address

South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065

Website

http://www.cgagri.com

China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.

China Green Agriculture (STU:GR0A) Headlines

No Headlines