Nanjing Panda Electronics Co (SHSE:600775) ROCE % : -3.12% (As of Mar. 2024)

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What is Nanjing Panda Electronics 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. Nanjing Panda Electronics Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.12%.

Nanjing Panda Electronics Co ROCE % Historical Data

The historical data trend for Nanjing Panda Electronics 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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Nanjing Panda Electronics Co ROCE % Chart

Nanjing Panda Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.05

4.08

2.78

2.61

-4.61

Nanjing Panda Electronics 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															-1.54	1.74	1.34	-20.12	-3.12

Nanjing Panda Electronics Co ROCE % Calculation

Nanjing Panda Electronics 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 )
	=	-173.089	/	( ( (5865.29 - 1987.834)	+	(5540.956 - 1901.673) )	/ 2 )
	=	-173.089	/	( (3877.456	+	3639.283)	/ 2 )
	=	-173.089	/	3758.3695
	=	-4.61 %

Nanjing Panda Electronics 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 )
	=	-112.96	/	( ( (5540.956 - 1901.673)	+	(5315.234 - 1721.599) )	/ 2 )
	=	-112.96	/	( ( 3639.283	+	3593.635 )	/ 2 )
	=	-112.96	/	3616.459
	=	-3.12 %

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

Nanjing Panda Electronics Co (SHSE:600775) 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.

Nanjing Panda Electronics Co ROCE % Related Terms

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Nanjing Panda Electronics Co (SHSE:600775) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanjing Panda Electronics Co Ltd (SHSE:600775) » Definitions » ROCE %

Traded in Other Exchanges

00553:Hong Kong NNJ:Germany

Address

7 Jingtian Road, Jiangsu Province, Nanjing, CHN, 210033

Website

https://www.panda.cn

Nanjing Panda Electronics Co Ltd is a manufacturer and supplier of electronic equipment products. it provides domestic and foreign brand manufacturers with complete manufacturing services, such as R&D, process design, procurement management, manufacturing and warehousing of 3C, new display module components, core components of white appliances, automotive electronics, communication equipment, and other electronic products Its operations into four main segments: Intelligent Transportation System and Safe City; Green service electronic manufacturing; Industrial network and Intelligent Manufacturing and others. It derives maximum revenue from the Green service electronic manufacturing segment.

Executives

Guo Qing

senior management

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