Tongding Interconnection Information Co (SZSE:002491) ROCE % : 26.49% (As of Mar. 2025)

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What is Tongding Interconnection Information 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. Tongding Interconnection Information Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 26.49%.

Tongding Interconnection Information Co ROCE % Historical Data

The historical data trend for Tongding Interconnection Information 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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Tongding Interconnection Information Co ROCE % Chart

Tongding Interconnection Information Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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7.85

-13.74

11.34

16.01

4.10

Tongding Interconnection Information Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															0.15	0.03	15.40	1.20	26.49

Tongding Interconnection Information Co ROCE % Calculation

Tongding Interconnection Information Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	106.425	/	( ( (5887.887 - 3333.889)	+	(5474.589 - 2841.277) )	/ 2 )
	=	106.425	/	( (2553.998	+	2633.312)	/ 2 )
	=	106.425	/	2593.655
	=	4.10 %

Tongding Interconnection Information Co's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	717.84	/	( ( (5474.589 - 2841.277)	+	(6121.229 - 3334.631) )	/ 2 )
	=	717.84	/	( ( 2633.312	+	2786.598 )	/ 2 )
	=	717.84	/	2709.955
	=	26.49 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Tongding Interconnection Information Co (SZSE:002491) 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.

Tongding Interconnection Information Co ROCE % Related Terms

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Tongding Interconnection Information Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tongding Interconnection Information Co Ltd (SZSE:002491) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.18, Xiaoping Road, Badu Industrial Zone, Zhenze, Wujiang, Jiangsu, CHN, 215233

Website

http://www.tdgd.com.cn

Tongding Interconnection Information Co Ltd is a China-based fiber optic cable manufacturing company. It specializes in the production of optical fiber, optical fiber cable, optical devices, optical fiber sensors, special optical cables and other products. In addition, the company also provides data center solution, cloud data center cable solution, rail transit cable solution, and wireless signal distribution system.

Executives

Yan Yong Qing	Directors, executives
Liu Dong Yang	Director
Cai Wen Jie	Executives
Chen Hai Bin	Director
Huang Jian	Director
Qian Hui Fang	Director
Peng Sheng Qian	Executives
Zhang Yue Fang	Directors, executives
Jiang Xiao Qiang	Executives
Li Jun	Executives
Shen Feng	Director
Li Long Qin	Director
Chen Bin	Supervisors
He Zhong Liang	Directors, Directors, and Executives
Liu Yan Hui	Executives

Tongding Interconnection Information Co Headlines

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