Toyou Feiji Electronics Co (SZSE:300302) ROCE % : 0.49% (As of Mar. 2024)

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What is Toyou Feiji 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. Toyou Feiji Electronics Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.49%.

Toyou Feiji Electronics Co ROCE % Historical Data

The historical data trend for Toyou Feiji 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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Toyou Feiji Electronics Co ROCE % Chart

Toyou Feiji Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.78

3.98

-0.52

-0.86

-11.27

Toyou Feiji 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															3.18	-16.32	-8.70	-22.35	0.49

Toyou Feiji Electronics Co ROCE % Calculation

Toyou Feiji 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 )
	=	-177.255	/	( ( (1897.265 - 277.772)	+	(1855.264 - 330.064) )	/ 2 )
	=	-177.255	/	( (1619.493	+	1525.2)	/ 2 )
	=	-177.255	/	1572.3465
	=	-11.27 %

Toyou Feiji 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 )
	=	7.544	/	( ( (1855.264 - 330.064)	+	(1886.43 - 342.936) )	/ 2 )
	=	7.544	/	( ( 1525.2	+	1543.494 )	/ 2 )
	=	7.544	/	1534.347
	=	0.49 %

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

Toyou Feiji Electronics Co (SZSE:300302) 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.

Toyou Feiji Electronics Co ROCE % Related Terms

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Toyou Feiji Electronics Co (SZSE:300302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Toyou Feiji Electronics Co Ltd (SZSE:300302) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Dijin Road, 1st to 4th Floor, Building 2, Haidian District, Beijing, CHN, 100095

Website

http://www.toyou.com.cn

Toyou Feiji Electronics Co Ltd Ltd is a provider of data storage infrastructure. It is engaged in providing storage products, solutions, and professional services. Its products include disk storage systems, backup systems, storage management software, and data security systems. It provide solutions to government agencies, energy manufacturers, educational media, research institutes.

Executives

Chou Yue	Executives
Tong Yi Hong	Director
Yang Jian Li	Directors, executives
Luo Hua	Directors, executives
Shen Jing	Directors, executives
Yang Yong Song	Director
Zhou Ze Xiang	Directors, executives
Chen Wei	Director
Xiao Jian Guo	Executives
Chen Ru Hong	Supervisors

Toyou Feiji Electronics Co (SZSE:300302) Headlines

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