JC Finance & Tax Interconnect Holdings Shs (SZSE:002530) ROCE % : 2.48% (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is JC Finance & Tax Interconnect Holdings Shs 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. JC Finance & Tax Interconnect Holdings Shs's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.48%.

JC Finance & Tax Interconnect Holdings Shs ROCE % Historical Data

The historical data trend for JC Finance & Tax Interconnect Holdings Shs'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.

JC Finance & Tax Interconnect Holdings Shs ROCE % Chart

JC Finance & Tax Interconnect Holdings Shs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-15.20

-40.45

-15.97

-13.78

-1.87

JC Finance & Tax Interconnect Holdings Shs 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															0.64	-2.95	-1.59	-3.50	2.48

JC Finance & Tax Interconnect Holdings Shs ROCE % Calculation

JC Finance & Tax Interconnect Holdings Shs'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 )
	=	-30.752	/	( ( (2685.321 - 1015.301)	+	(2620.739 - 1002.395) )	/ 2 )
	=	-30.752	/	( (1670.02	+	1618.344)	/ 2 )
	=	-30.752	/	1644.182
	=	-1.87 %

JC Finance & Tax Interconnect Holdings Shs'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 )
	=	39.864	/	( ( (2620.739 - 1002.395)	+	(2544.46 - 948.369) )	/ 2 )
	=	39.864	/	( ( 1618.344	+	1596.091 )	/ 2 )
	=	39.864	/	1607.2175
	=	2.48 %

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

JC Finance & Tax Interconnect Holdings Shs (SZSE:002530) 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.

JC Finance & Tax Interconnect Holdings Shs ROCE % Related Terms

Thank you for viewing the detailed overview of JC Finance & Tax Interconnect Holdings Shs's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

JC Finance & Tax Interconnect Holdings Shs (SZSE:002530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » JC Finance & Tax Interconnect Holdings Ltd Shs (SZSE:002530) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5,East Feida Road, Dafeng, Jiangsu, CHN, 224100

Website

http://www.fengdong.com

JC Finance & Tax Interconnect Holdings Ltd Shs manufactures and sells heat treatment equipment in China. It provides an atmosphere furnace, vacuum furnace, induction equipment, non-atmosphere heating equipment, plasma equipment, software, and auxiliary equipment; and accessories. The company also provides processing services, After-sales services, and consultation services.

JC Finance & Tax Interconnect Holdings Shs (SZSE:002530) Headlines

No Headlines