Sichuan Swellfun Co (SHSE:600779) ROCE % : 21.89% (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sichuan Swellfun 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. Sichuan Swellfun Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 21.89%.

Sichuan Swellfun Co ROCE % Historical Data

The historical data trend for Sichuan Swellfun 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.

Sichuan Swellfun Co ROCE % Chart

Sichuan Swellfun Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

53.92

44.84

68.04

53.13

42.97

Sichuan Swellfun 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															23.74	5.83	115.18	32.78	21.89

Sichuan Swellfun Co ROCE % Calculation

Sichuan Swellfun 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 )
	=	1699.842	/	( ( (7047.46 - 3560.644)	+	(8424.917 - 3999.891) )	/ 2 )
	=	1699.842	/	( (3486.816	+	4425.026)	/ 2 )
	=	1699.842	/	3955.921
	=	42.97 %

Sichuan Swellfun 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 )
	=	980.152	/	( ( (8424.917 - 3999.891)	+	(8276.579 - 3747.63) )	/ 2 )
	=	980.152	/	( ( 4425.026	+	4528.949 )	/ 2 )
	=	980.152	/	4476.9875
	=	21.89 %

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

Sichuan Swellfun Co (SHSE:600779) 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.

Sichuan Swellfun Co ROCE % Related Terms

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

Sichuan Swellfun Co (SHSE:600779) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sichuan Swellfun Co Ltd (SHSE:600779) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 9 Quanxing Road, Jinniu District, Chengdu, Sichuan, CHN, 610036

Website

http://www.swellfun.com

Located in Chengdu, Sichuan Swellfun, or Swellfun, is one of the six most famous baijiu distillers in Sichuan province. The company produces rich-flavored baijiu, with a strong focus on midrange to subpremium markets. The global distiller giant Diageo is the controlling shareholder with 63% of equity stake as of December 2022, which makes Swellfun the only foreign-controlled baijiu producer in China.

Executives

Xu Bin	senior management
Xu Yong	senior management
Zhang Li	senior management
Lin Dong	senior management
Xue Yi	senior management
Zhu Guo Ying	Supervisors
Xue Chang You	senior management
Zhang Zong Jun	senior management
Wang Zhong Zi	senior management
Li Zhi	senior management
Li Yi Zhong	senior management
Ding Zhi Xian	senior management

Sichuan Swellfun Co (SHSE:600779) Headlines

No Headlines