GCL Technology Holdings (GCL Technology Holdings) ROCE % : -9.52% (As of Dec. 2023)

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What is GCL Technology Holdings 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. GCL Technology Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.52%.

GCL Technology Holdings ROCE % Historical Data

The historical data trend for GCL Technology Holdings'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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GCL Technology Holdings ROCE % Chart

GCL Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.22

-6.94

16.33

39.08

8.35

GCL Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.11	36.51	41.31	26.64	-9.52

GCL Technology Holdings ROCE % Calculation

GCL Technology Holdings'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 )
	=	661.01	/	( ( (12273.114 - 4922.54)	+	(11591.856 - 3100.603) )	/ 2 )
	=	661.01	/	( (7350.574	+	8491.253)	/ 2 )
	=	661.01	/	7920.9135
	=	8.35 %

GCL Technology Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-816.73	/	( ( (13606.575 - 4948.638)	+	(11591.856 - 3100.603) )	/ 2 )
	=	-816.73	/	( ( 8657.937	+	8491.253 )	/ 2 )
	=	-816.73	/	8574.595
	=	-9.52 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

GCL Technology Holdings (OTCPK:GCPEF) 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.

GCL Technology Holdings ROCE % Related Terms

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GCL Technology Holdings (GCL Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL Technology Holdings Ltd (OTCPK:GCPEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

03800:Hong Kong 3GY:Germany

Address

1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.gcltech.com

GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafer to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.

GCL Technology Holdings (GCL Technology Holdings) Headlines

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