Chacha Food Co (SZSE:002557) ROCE % : 17.46% (As of Mar. 2024)

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What is Chacha Food 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. Chacha Food Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.46%.

Chacha Food Co ROCE % Historical Data

The historical data trend for Chacha Food 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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Chacha Food Co ROCE % Chart

Chacha Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.72

21.61

19.31

19.86

15.27

Chacha Food 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															13.66	7.46	17.21	23.21	17.46

Chacha Food Co ROCE % Calculation

Chacha Food 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 )
	=	1049.949	/	( ( (8549.189 - 1860.741)	+	(9398.773 - 2331.348) )	/ 2 )
	=	1049.949	/	( (6688.448	+	7067.425)	/ 2 )
	=	1049.949	/	6877.9365
	=	15.27 %

Chacha Food 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 )
	=	1250.216	/	( ( (9398.773 - 2331.348)	+	(9391.651 - 2135.602) )	/ 2 )
	=	1250.216	/	( ( 7067.425	+	7256.049 )	/ 2 )
	=	1250.216	/	7161.737
	=	17.46 %

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

Chacha Food Co (SZSE:002557) 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.

Chacha Food Co ROCE % Related Terms

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Chacha Food Co (SZSE:002557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chacha Food Co Ltd (SZSE:002557) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1307 Lianhua Road, Economic & Technological Development Zone, Anhui, Hefei, CHN, 230601

Website

http://www.qiaqiafood.com

Chacha Food Co Ltd is a China-based company engaged in the production and distribution of leisure food. Its main products include traditional roasted products, including sunflower seed series; high-end nut products, including walnuts; baked food, including potato chips, as well as fried food, pickled food, biscuits and agricultural and sideline products, among others. It distributes its products under the brand name of ChaCha. The company distributes its products within domestic market and to overseas markets.

Executives

Zhang Ting Ting	Supervisors
Song Yu Huan	Supervisors
Chen Chang Jun	Executives
Tian Jing	Securities Affairs Representative
Xuan Li Feng	Director
Chen Xian Bao	Director

Chacha Food Co (SZSE:002557) Headlines

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