GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BYD Electronic (International) Co Ltd (OTCPK:BYDIF) » Definitions » ROCE %

BYD Electronic (International) Co (BYD Electronic (International) Co) ROCE % : 0.00% (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is BYD Electronic (International) 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. BYD Electronic (International) Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.


BYD Electronic (International) Co ROCE % Historical Data

The historical data trend for BYD Electronic (International) 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.

BYD Electronic (International) Co ROCE % Chart

BYD Electronic (International) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.19 31.80 10.56 7.37 16.24

BYD Electronic (International) Co Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

BYD Electronic (International) Co ROCE % Calculation

BYD Electronic (International) Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=286.458/( ( (6464.648 - 2546.664) + (8175.104 - 4323.599) )/ 2 )
=286.458/( (3917.984+3851.505)/ 2 )
=286.458/3884.7445
=7.37 %

BYD Electronic (International) Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=0/( ( (8340.003 - 4430.781) + (8895.047 - 0) )/ 2 )
=0/( ( 3909.222 + 8895.047 )/ 2 )
=0/6402.1345
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

* 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.


BYD Electronic (International) Co  (OTCPK:BYDIF) 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.


BYD Electronic (International) Co ROCE % Related Terms

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


BYD Electronic (International) Co (BYD Electronic (International) Co) Business Description

Traded in Other Exchanges
Address
No. 3001, Bao He Road, Baolong Industrial Park, Longgang District, Shenzhen, CHN, 518116
BYD Electronic (International) Co Ltd is involved in the manufacture of mobile handset components. The company's earnings are dependent on the design, manufacture, and sale of mobile handsets and modules and other electronic components primarily in China. It also has markets across PRC (including Hong Kong, Macau and Taiwan), Asia Pacific, United States of America, Other countries, where the company is sourced by various handsets brands.

BYD Electronic (International) Co (BYD Electronic (International) Co) Headlines

From GuruFocus

3 Potentially Undervalued Stocks

By Alberto Abaterusso Alberto Abaterusso 02-12-2020