iMotion Automotive Technology (Suzhou) Co (HKSE:01274) ROCE % : -21.06% (As of Dec. 2023)

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What is iMotion Automotive Technology (Suzhou) 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. iMotion Automotive Technology (Suzhou) Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.06%.

iMotion Automotive Technology (Suzhou) Co ROCE % Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) 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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iMotion Automotive Technology (Suzhou) Co ROCE % Chart

iMotion Automotive Technology (Suzhou) Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-83.98

-24.57

-63.64

-20.88

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-29.32	-84.40	-30.13	-21.06

iMotion Automotive Technology (Suzhou) Co ROCE % Calculation

iMotion Automotive Technology (Suzhou) 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 )
	=	-211.933	/	( ( (1397.458 - 639.261)	+	(1829.402 - 557.755) )	/ 2 )
	=	-211.933	/	( (758.197	+	1271.647)	/ 2 )
	=	-211.933	/	1014.922
	=	-20.88 %

iMotion Automotive Technology (Suzhou) Co'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 )
	=	-206.17	/	( ( (927.62 - 240.898)	+	(1829.402 - 557.755) )	/ 2 )
	=	-206.17	/	( ( 686.722	+	1271.647 )	/ 2 )
	=	-206.17	/	979.1845
	=	-21.06 %

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

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) 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.

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iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN

Website

https://www.imotion.ai

iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.

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