Aimei Health Technology Co (Aimei Health Technology Co) ROCE % : 0.00% (As of Sep. 2023)

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What is Aimei Health Technology 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. Aimei Health Technology Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Aimei Health Technology Co ROCE % Historical Data

The historical data trend for Aimei Health Technology 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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Aimei Health Technology Co ROCE % Chart

Aimei Health Technology Co Annual Data

Trend

Dec23

ROCE %

Aimei Health Technology Co Semi-Annual Data
	Sep23
ROCE %	-

Aimei Health Technology Co ROCE % Calculation

Aimei Health Technology 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: . 20 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: . 20 )		(A: Dec. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Aimei Health Technology 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: . 20 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: . 20 )		(Q: Sep. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

Aimei Health Technology Co (NAS:AFJK) 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.

Aimei Health Technology Co ROCE % Related Terms

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Aimei Health Technology Co (Aimei Health Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aimei Health Technology Co Ltd (NAS:AFJK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 East 53rd Street, Suite 3001, New York, NY, USA, 10022

Website

Aimei Health Technology Co Ltd is a blank check company.

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