SGSG Science & Technology Co Zhuhai (SZSE:300561) ROCE % : -1.08% (As of Mar. 2024)

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What is SGSG Science & Technology Co Zhuhai 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. SGSG Science & Technology Co Zhuhai's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.08%.

SGSG Science & Technology Co Zhuhai ROCE % Historical Data

The historical data trend for SGSG Science & Technology Co Zhuhai'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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SGSG Science & Technology Co Zhuhai ROCE % Chart

SGSG Science & Technology Co Zhuhai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.90

2.71

2.03

1.02

0.71

SGSG Science & Technology Co Zhuhai 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															1.19	0.75	0.80	0.10	-1.08

SGSG Science & Technology Co Zhuhai ROCE % Calculation

SGSG Science & Technology Co Zhuhai'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 )
	=	4.591	/	( ( (712.643 - 60.279)	+	(677.832 - 33.592) )	/ 2 )
	=	4.591	/	( (652.364	+	644.24)	/ 2 )
	=	4.591	/	648.302
	=	0.71 %

SGSG Science & Technology Co Zhuhai'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 )
	=	-6.94	/	( ( (677.832 - 33.592)	+	(663.696 - 20.509) )	/ 2 )
	=	-6.94	/	( ( 644.24	+	643.187 )	/ 2 )
	=	-6.94	/	643.7135
	=	-1.08 %

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

SGSG Science & Technology Co Zhuhai (SZSE:300561) 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.

SGSG Science & Technology Co Zhuhai ROCE % Related Terms

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SGSG Science & Technology Co Zhuhai (SZSE:300561) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SGSG Science & Technology Co Ltd Zhuhai (SZSE:300561) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Software Park Road, Convention and Exhibition Center, 3rd floor, No. 3, Zhuhai, CHN, 519085

Website

http://www.sgsg.cc

SGSG Science & Technology Co Ltd Zhuhai is specializing in the research and development and sales of IoT security electronic information technology products. It provides professional solutions and services for operations management, risk control, network transformation and channel construction of financial industry customers, government departments, enterprises and institutions. The company's main products and solutions consist of financial AI solution, financial mobile industry solutions, smart bank (Dot) solution, bank vault and seal management solution, self-service equipment plus banknote management solution, and real logistics management solutions.

Executives

Chen Zhe	Directors, executives
Ma Zheng	Directors, executives
He Yan	Securities Affairs Representative
Ma Xiao Li	Executives
Cai Lin Sheng	Secretary Dong
Luo Xiu Hong	Supervisors

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