Yuxing InfoTech Investment Holdings (HKSE:08005) ROCE % : -25.05% (As of Dec. 2023)

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What is Yuxing InfoTech Investment 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. Yuxing InfoTech Investment Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.05%.

Yuxing InfoTech Investment Holdings ROCE % Historical Data

The historical data trend for Yuxing InfoTech Investment 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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Yuxing InfoTech Investment Holdings ROCE % Chart

Yuxing InfoTech Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.64

1.26

-7.80

-13.11

-7.28

Yuxing InfoTech Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-28.38	3.70	-4.49	-4.18	-25.05

Yuxing InfoTech Investment Holdings ROCE % Calculation

Yuxing InfoTech Investment 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 )
	=	-131.767	/	( ( (2255.055 - 376.101)	+	(2103.286 - 364.348) )	/ 2 )
	=	-131.767	/	( (1878.954	+	1738.938)	/ 2 )
	=	-131.767	/	1808.946
	=	-7.28 %

Yuxing InfoTech Investment 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-435.688	/	( ( (0 - 0)	+	(2103.286 - 364.348) )	/ 1 )
	=	-435.688	/	( ( 0	+	1738.938 )	/ 1 )
	=	-435.688	/	1738.938
	=	-25.05 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Yuxing InfoTech Investment Holdings (HKSE:08005) 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.

Yuxing InfoTech Investment Holdings ROCE % Related Terms

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Yuxing InfoTech Investment Holdings (HKSE:08005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yuxing InfoTech Investment Holdings Ltd (HKSE:08005) » Definitions » ROCE %

Traded in Other Exchanges

YXGC:Germany

Address

No. 3609 Baishi Road, Unit 3310, Block A1, Building 9, Shenzhenwan Science and Technology Ecological Garden, District 2, Nanshan District, Shenzhen, CHN

Website

http://www.yuxing.com.cn

Yuxing InfoTech Investment Holdings Ltd is a China-based conglomerate that is mainly involved in the information home appliances business, investing, and trading. It operates in five segments. Information Home Appliances segment which derives majority revenue involves in the manufacture, sales, and distribution of information home appliances and complementary products to consumer markets. The Investing segment includes trading of securities and investing in financial instruments. The Leasing segment comprises leasing out of properties. The IDC segment consists of construction, operation, and leasing out of properties. The Other Operations segment refers to the trading of miscellaneous materials. It has a business presence mainly in Australia, the People's Republic of China, and Hong Kong.

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