Suzhou Maxwell Technologies Co (SZSE:300751) ROCE % : 17.21% (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Suzhou Maxwell Technologies 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. Suzhou Maxwell Technologies Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 17.21%.

Suzhou Maxwell Technologies Co ROCE % Historical Data

The historical data trend for Suzhou Maxwell Technologies 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.

Suzhou Maxwell Technologies Co ROCE % Chart

Suzhou Maxwell Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

28.64

23.86

28.46

16.73

13.48

Suzhou Maxwell Technologies Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															18.94	6.07	13.54	12.72	17.21

Suzhou Maxwell Technologies Co ROCE % Calculation

Suzhou Maxwell Technologies 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 )
	=	841.997	/	( ( (9775.882 - 3884.338)	+	(14526.838 - 7923.076) )	/ 2 )
	=	841.997	/	( (5891.544	+	6603.762)	/ 2 )
	=	841.997	/	6247.653
	=	13.48 %

Suzhou Maxwell Technologies 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 )
	=	1272.988	/	( ( (20350.848 - 13381.458)	+	(22820.686 - 14999.447) )	/ 2 )
	=	1272.988	/	( ( 6969.39	+	7821.239 )	/ 2 )
	=	1272.988	/	7395.3145
	=	17.21 %

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

Suzhou Maxwell Technologies Co (SZSE:300751) 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.

Suzhou Maxwell Technologies Co ROCE % Related Terms

Thank you for viewing the detailed overview of Suzhou Maxwell Technologies Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Suzhou Maxwell Technologies Co (SZSE:300751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Maxwell Technologies Co Ltd (SZSE:300751) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1801, Pangjin Road, D02 Building, Pangjin Industrial Square, Economic and Technological Development Zon, Wujiang, CHN, 215200

Website

http://www.maxwell-gp.com

Suzhou Maxwell Technologies Co Ltd is a manufacturer of integrating mechanical equipment design, electrical development, software algorithm development and precision manufacturing equipment. It is primarily involved in solar cell production equipment and is the leading equipment supplier and service provider of photovoltaic industry.

Suzhou Maxwell Technologies Co (SZSE:300751) Headlines

No Headlines