CSG Holding Co (SZSE:000012) ROCE % : 7.84% (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is CSG Holding 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. CSG Holding Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.84%.

CSG Holding Co ROCE % Historical Data

The historical data trend for CSG Holding 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.

CSG Holding Co ROCE % Chart

CSG Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.94

10.66

13.92

14.42

9.35

CSG Holding 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															11.05	10.96	13.09	2.34	7.84

CSG Holding Co ROCE % Calculation

CSG Holding 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 )
	=	1860.356	/	( ( (25904.013 - 7494.809)	+	(30362.057 - 8977.082) )	/ 2 )
	=	1860.356	/	( (18409.204	+	21384.975)	/ 2 )
	=	1860.356	/	19897.0895
	=	9.35 %

CSG Holding 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 )
	=	1707.932	/	( ( (30362.057 - 8977.082)	+	(31148.754 - 8981.812) )	/ 2 )
	=	1707.932	/	( ( 21384.975	+	22166.942 )	/ 2 )
	=	1707.932	/	21775.9585
	=	7.84 %

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

CSG Holding Co (SZSE:000012) 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.

CSG Holding Co ROCE % Related Terms

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

CSG Holding Co (SZSE:000012) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » CSG Holding Co Ltd (SZSE:000012) » Definitions » ROCE %

Traded in Other Exchanges

200012:China

Address

6th Industrial Road, CSG Building, Number 1, Shekou, Shenzhen, CHN, 518067

Website

https://www.csgholding.com

CSG Holding Co Ltd produces and sells glass products. The company's operating segment includes Flat glass; Solar energy; Electronic glass and displays and others. It generates maximum revenue from the Flat glass segment. The flat glass segment is engaged in production and sales of float glass and engineering glass and the silica for the production thereof. Its glass products include Float Glass; Ultra-clear Float Glass; Solar Patterned Low Iron Glass and AR Coating Solar Glass. Geographically, it derives revenue from Mainland China.

CSG Holding Co (SZSE:000012) Headlines

No Headlines