Kingsignal Technology Co (SZSE:300252) ROCE % : -2.75% (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Kingsignal Technology 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. Kingsignal Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.75%.

Kingsignal Technology Co ROCE % Historical Data

The historical data trend for Kingsignal Technology 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.

* Premium members only.

Kingsignal Technology Co ROCE % Chart

Kingsignal Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.76

0.42

5.39

-15.45

-9.69

Kingsignal Technology 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															7.32	4.60	-1.56	-46.04	-2.75

Kingsignal Technology Co ROCE % Calculation

Kingsignal Technology 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 )
	=	-221.198	/	( ( (5444.168 - 3242.739)	+	(5166.013 - 2800.331) )	/ 2 )
	=	-221.198	/	( (2201.429	+	2365.682)	/ 2 )
	=	-221.198	/	2283.5555
	=	-9.69 %

Kingsignal Technology 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 )
	=	-64.772	/	( ( (5166.013 - 2800.331)	+	(4964.825 - 2619.499) )	/ 2 )
	=	-64.772	/	( ( 2365.682	+	2345.326 )	/ 2 )
	=	-64.772	/	2355.504
	=	-2.75 %

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

Kingsignal Technology Co (SZSE:300252) 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.

Kingsignal Technology Co ROCE % Related Terms

Thank you for viewing the detailed overview of Kingsignal Technology Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kingsignal Technology Co (SZSE:300252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kingsignal Technology Co Ltd (SZSE:300252) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Room 302, 9th Building, Shenzhen Software Park, Shenzhen High-tech Zone, Central District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.kingsignal.com

Kingsignal Technology Co Ltd is a Chinese company mainly engaged in research, development, production, and sale of signal interconnection products such as mid-range and high-end RF coaxial cables, connectors and accessories, optical fiber, PCB, LAN cable, large logarithmic power cord and data video components. The company has a business presence in China and other international countries. The market scope of the company covers telecom and internet, aerospace, new energy, transportation and medical. Its products include RF transmission, electrical transmission, optical transmission, differential transmission, PCB panel, chip modules, and others.

Executives

Zheng Jun	Director
Huang Chang Hua	Director
Wu Hua	Supervisors
Wu Jing Ping	Secretary, Director
Wu Jin	Executives
Xiao Dong Hua	Directors, executives

Kingsignal Technology Co (SZSE:300252) Headlines

No Headlines