Guangdong Yada Electronics Co (BJSE:430556) ROCE % : 6.07% (As of Jun. 2024)

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What is Guangdong Yada Electronics 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. Guangdong Yada Electronics Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.07%.

Guangdong Yada Electronics Co ROCE % Historical Data

The historical data trend for Guangdong Yada Electronics 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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Guangdong Yada Electronics Co ROCE % Chart

Guangdong Yada Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.51

23.85

14.76

12.45

9.20

Guangdong Yada Electronics Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															6.86	10.92	8.65	3.90	6.07

Guangdong Yada Electronics Co ROCE % Calculation

Guangdong Yada Electronics 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 )
	=	43.049	/	( ( (498.731 - 108.549)	+	(669.139 - 123.441) )	/ 2 )
	=	43.049	/	( (390.182	+	545.698)	/ 2 )
	=	43.049	/	467.94
	=	9.20 %

Guangdong Yada Electronics Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	32.376	/	( ( (660.451 - 106.674)	+	(583.134 - 69.862) )	/ 2 )
	=	32.376	/	( ( 553.777	+	513.272 )	/ 2 )
	=	32.376	/	533.5245
	=	6.07 %

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

Guangdong Yada Electronics Co (BJSE:430556) 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.

Guangdong Yada Electronics Co ROCE % Related Terms

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Guangdong Yada Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Yada Electronics Co Ltd (BJSE:430556) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Yada Industrial Park, Gaopugang, Yuancheng District, Guangdong Province, Heyuan City, CHN, 517000

Website

http://www.yada.com.cn

Guangdong Yada Electronics Co Ltd engages in research and development and production of intelligent power measurement and control products and provides customers with overall solutions for intelligent power consumption systems. The company's main hardware products include intelligent power measurement and control instruments, intelligent power monitoring devices, electrical safety protection devices, and sensors. The company's products are widely used in many industries such as data centers, communication base stations, new energy charging piles, rail transit, industrial buildings, and municipal administration or field.

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