Jiangsu Feiliks International Logistics (SZSE:300240) ROCE % : 1.29% (As of Mar. 2024)

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What is Jiangsu Feiliks International Logistics 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. Jiangsu Feiliks International Logistics's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.29%.

Jiangsu Feiliks International Logistics ROCE % Historical Data

The historical data trend for Jiangsu Feiliks International Logistics'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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Jiangsu Feiliks International Logistics ROCE % Chart

Jiangsu Feiliks International Logistics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.85

3.35

19.72

10.89

4.17

Jiangsu Feiliks International Logistics 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															-2.56	8.63	8.85	2.03	1.29

Jiangsu Feiliks International Logistics ROCE % Calculation

Jiangsu Feiliks International Logistics'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 )
	=	87.344	/	( ( (3700.24 - 1581.729)	+	(3835.885 - 1769.817) )	/ 2 )
	=	87.344	/	( (2118.511	+	2066.068)	/ 2 )
	=	87.344	/	2092.2895
	=	4.17 %

Jiangsu Feiliks International Logistics'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 )
	=	26.164	/	( ( (3835.885 - 1769.817)	+	(3840.614 - 1841.723) )	/ 2 )
	=	26.164	/	( ( 2066.068	+	1998.891 )	/ 2 )
	=	26.164	/	2032.4795
	=	1.29 %

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

Jiangsu Feiliks International Logistics (SZSE:300240) 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.

Jiangsu Feiliks International Logistics ROCE % Related Terms

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Jiangsu Feiliks International Logistics (SZSE:300240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jiangsu Feiliks International Logistics Inc (SZSE:300240) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999 Meigui Road, Kunshan Economic and Technical Development Zone, Jiangsu Province, Kunshan, CHN, 215300

Website

http://www.feiliks.com

Jiangsu Feiliks International Logistics Inc. focuses on integrated cargo terminals, container transportation, inland freight, express services, and international freight forwarding agency services.

Executives

Geng Hao	Directors, executives
Tang Jun Hong	Executives
Zhou Li Hong	Supervisors
Feng Guo Kai	Supervisors
Shen Li Ming	Director
Yao Qin	Directors, executives
Wu You Yi	Director
Sun Xue Hai	Supervisors
Zhao Yi Fei	Independent director
Fang Xiao Qing	Directors, executives
Dong Zhong Lang	Independent director
Liu Shi Jie	Supervisors
Yin Ling	Executives
Shen Li Li	Executives
Chu Jing	Executives

Jiangsu Feiliks International Logistics (SZSE:300240) Headlines

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