Zhuhai Pilot Technology Co (BJSE:831175) ROCE % : -2.30% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Zhuhai Pilot 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. Zhuhai Pilot Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.30%.

Zhuhai Pilot Technology Co ROCE % Historical Data

The historical data trend for Zhuhai Pilot 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.

* Premium members only.

Zhuhai Pilot Technology Co ROCE % Chart

Zhuhai Pilot Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.31

6.93

13.51

11.97

8.90

Zhuhai Pilot Technology Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.43	13.30	3.51	21.47	-2.30

Zhuhai Pilot Technology Co ROCE % Calculation

Zhuhai Pilot 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: 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 )
	=	59.762	/	( ( (950.86 - 360.212)	+	(1055.984 - 303.488) )	/ 2 )
	=	59.762	/	( (590.648	+	752.496)	/ 2 )
	=	59.762	/	671.572
	=	8.90 %

Zhuhai Pilot Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-17.46	/	( ( (1055.984 - 303.488)	+	(1030.867 - 268.095) )	/ 2 )
	=	-17.46	/	( ( 752.496	+	762.772 )	/ 2 )
	=	-17.46	/	757.634
	=	-2.30 %

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

Zhuhai Pilot Technology Co (BJSE:831175) 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.

Zhuhai Pilot Technology Co ROCE % Related Terms

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

Zhuhai Pilot Technology Co (BJSE:831175) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhuhai Pilot Technology Co Ltd (BJSE:831175) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Coast Science and Technology 6th Road, Floors 1 to 3, Building 1, High-tech Zone, Guangdong, Zhuhai, CHN, 519000

Website

http://www.pmac.com.cn

Zhuhai Pilot Technology Co Ltd Provides energy Internet of Things products and energy digital solutions to power user-side customers such as large buildings, data centers, finance, hospitals, transportation hubs, and industrial parks. Its main products include intelligent power measurement and control protection, energy and key equipment IoT management and control platform, smart energy dual-carbon integrated management platform, electric Car charging equipment and system platforms form a safe, economical, and low-carbon digital energy service system based on data and algorithms.

Zhuhai Pilot Technology Co (BJSE:831175) Headlines

No Headlines