ArcherMind Technology (Nanjing) Co (SZSE:300598) ROCE % : -13.95% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is ArcherMind Technology (Nanjing) 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. ArcherMind Technology (Nanjing) Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.95%.

ArcherMind Technology (Nanjing) Co ROCE % Historical Data

The historical data trend for ArcherMind Technology (Nanjing) 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.

ArcherMind Technology (Nanjing) Co ROCE % Chart

ArcherMind Technology (Nanjing) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

29.20

10.50

5.07

-14.38

17.07

ArcherMind Technology (Nanjing) 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															-26.67	-13.75	-15.72	113.05	-13.95

ArcherMind Technology (Nanjing) Co ROCE % Calculation

ArcherMind Technology (Nanjing) 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 )
	=	226.831	/	( ( (1859.172 - 770.051)	+	(2404.459 - 836.395) )	/ 2 )
	=	226.831	/	( (1089.121	+	1568.064)	/ 2 )
	=	226.831	/	1328.5925
	=	17.07 %

ArcherMind Technology (Nanjing) 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 )
	=	-220.644	/	( ( (2404.459 - 836.395)	+	(2233.749 - 637.872) )	/ 2 )
	=	-220.644	/	( ( 1568.064	+	1595.877 )	/ 2 )
	=	-220.644	/	1581.9705
	=	-13.95 %

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

ArcherMind Technology (Nanjing) Co (SZSE:300598) 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.

ArcherMind Technology (Nanjing) Co ROCE % Related Terms

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

ArcherMind Technology (Nanjing) Co (SZSE:300598) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ArcherMind Technology (Nanjing) Co Ltd (SZSE:300598) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Ningshuang Road, Yuhuatai District, Building B, Nanjing, Jiangsu, Nanjing, CHN, 210012

Website

https://www.archermind.com

ArcherMind Technology (Nanjing) Co Ltd is a China-based company engaged in offering software research, development, and consulting service in the fields of mobile devices and internet software. It provides solutions in the fields of Intelligent terminals, Smart automotive, Internet of Things (IoT) and Mobile internet. In Intelligent terminals, the company provides solutions for smartphone, tablet and virtual reality. Smart automotive comprise solutions such as digital cluster, automotive infotainment, intelligent cloud mirror, and smart cockpit. IoT solutions offer solutions for healthcare, home, kitchen and bath, whereas Mobile internet involves finance solutions. The company has a business presence around the world.

Executives

Wang Kun	Directors, executives
Wang Jin Feng	Directors, executives
Huang Hai Yan	Directors, executives
Liu He Yi	Director
Liu Yong	Independent director

ArcherMind Technology (Nanjing) Co (SZSE:300598) Headlines

No Headlines