return on capital employed

简明释义

所用资本收益

英英释义

例句

1.A high return on capital employed 资本使用回报率 indicates that the company is using its capital effectively.

高的资本使用回报率表明公司有效利用了其资本。

2.The return on capital employed 资本使用回报率 for this project is expected to be above industry average.

该项目的资本使用回报率预计将高于行业平均水平。

3.Investors often look at the return on capital employed 资本使用回报率 to assess the efficiency of a business.

投资者通常关注资本使用回报率以评估企业的效率。

4.The company's return on capital employed 资本使用回报率 has improved significantly over the last year.

公司的资本使用回报率在过去一年中显著提高。

5.To improve the return on capital employed 资本使用回报率, the management team implemented cost-cutting measures.

为了提高资本使用回报率，管理团队实施了削减成本的措施。

作文

In the world of finance and business, understanding key performance indicators is essential for evaluating a company's efficiency and profitability. One such important metric is return on capital employed, which is often abbreviated as ROCE. This financial ratio measures a company's profitability and the efficiency with which its capital is utilized. Essentially, it indicates how well a company is generating profits from its capital employed in the business. The formula to calculate return on capital employed is quite straightforward: it is the operating profit divided by the capital employed, expressed as a percentage. To put it simply, the higher the return on capital employed, the better a company is at turning its capital into profits. This metric is particularly useful for investors and analysts, as it provides insight into how effectively a company is using its resources to generate earnings. For instance, if Company A has a ROCE of 15% and Company B has a ROCE of 10%, it can be inferred that Company A is more efficient in utilizing its capital to generate profits.Moreover, return on capital employed is not only a measure of profitability but also an indicator of a company's overall financial health. A consistently high ROCE suggests that a company is able to reinvest its profits effectively and is likely to have a sustainable competitive advantage in its industry. Conversely, a declining ROCE may signal potential issues within the company, such as rising costs or inefficiencies in operations, which could deter investors.Another aspect to consider when analyzing return on capital employed is its relationship with other financial metrics. For example, comparing ROCE with return on equity (ROE) can provide a more comprehensive view of a company's financial performance. While ROE focuses solely on shareholders' equity, ROCE takes into account all capital employed, including debt. This makes ROCE a more holistic measure of financial efficiency.It is also important to note that the ideal ROCE can vary significantly between industries. Capital-intensive industries, such as manufacturing or utilities, may typically have lower ROCE figures compared to less capital-intensive sectors like technology or services. Therefore, when assessing a company's ROCE, it is crucial to compare it with industry averages to gain meaningful insights.In conclusion, return on capital employed serves as a vital tool for investors and business managers alike. By providing a clear picture of how efficiently a company utilizes its capital to generate profits, it helps stakeholders make informed decisions. Understanding this metric not only aids in evaluating current performance but also assists in forecasting future profitability and growth potential. As businesses strive for operational excellence, keeping an eye on ROCE can lead to better financial strategies and improved investment outcomes.

在金融和商业的世界中，理解关键绩效指标对于评估公司效率和盈利能力至关重要。一个重要的指标是资本使用回报率，通常缩写为ROCE。这个财务比率衡量公司的盈利能力以及其资本的使用效率。基本上，它表明公司如何利用其投入业务的资本来产生利润。计算资本使用回报率的公式相当简单：它是营业利润除以资本使用，表示为百分比。简单来说，资本使用回报率越高，公司将资本转化为利润的能力越强。这个指标对投资者和分析师尤其有用，因为它提供了关于公司如何有效利用资源生成收益的洞察。例如，如果A公司的ROCE为15%，而B公司的ROCE为10%，可以推断出A公司在利用资本产生利润方面更有效。此外，资本使用回报率不仅是盈利能力的衡量标准，也是公司整体财务健康状况的指标。持续较高的ROCE表明公司能够有效地再投资其利润，并可能在其行业中具有可持续的竞争优势。相反，ROCE的下降可能表明公司内部存在潜在问题，例如成本上升或运营效率低下，这可能会使投资者却步。在分析资本使用回报率时，另一个需要考虑的方面是它与其他财务指标的关系。例如，将ROCE与股东权益回报率（ROE）进行比较，可以提供公司财务表现的更全面视角。尽管ROE仅关注股东权益，但ROCE考虑了所有使用的资本，包括债务。这使得ROCE成为衡量财务效率的更全面的指标。同样重要的是要注意，不同的行业理想的ROCE可能会有显著差异。资本密集型行业，如制造业或公用事业，其ROCE数字通常会比技术或服务等资本密集度较低的行业低。因此，在评估公司的ROCE时，比较行业平均水平是至关重要的，以获得有意义的洞察。总之，资本使用回报率是投资者和企业管理者的重要工具。通过清晰地描绘公司如何有效利用资本产生利润，它帮助利益相关者做出明智的决策。理解这一指标不仅有助于评估当前表现，还有助于预测未来的盈利能力和增长潜力。随着企业努力实现卓越运营，关注ROCE可以带来更好的财务战略和改善的投资结果。