Kerun Intellgent Control Co (BJSE:834062) ROCE % : 3.43% (As of Mar. 2024)

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What is Kerun Intellgent Control 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. Kerun Intellgent Control Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.43%.

Kerun Intellgent Control Co ROCE % Historical Data

The historical data trend for Kerun Intellgent Control 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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Kerun Intellgent Control Co ROCE % Chart

Kerun Intellgent Control Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.25

16.74

11.55

12.13

12.26

Kerun Intellgent Control Co Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															2.98	18.69	12.63	13.71	3.43

Kerun Intellgent Control Co ROCE % Calculation

Kerun Intellgent Control 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 )
	=	90.33	/	( ( (1236.299 - 563.88)	+	(1473.271 - 671.53) )	/ 2 )
	=	90.33	/	( (672.419	+	801.741)	/ 2 )
	=	90.33	/	737.08
	=	12.26 %

Kerun Intellgent Control 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 )
	=	28.548	/	( ( (1473.271 - 671.53)	+	(1522.783 - 658.739) )	/ 2 )
	=	28.548	/	( ( 801.741	+	864.044 )	/ 2 )
	=	28.548	/	832.8925
	=	3.43 %

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

Kerun Intellgent Control Co (BJSE:834062) 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.

Kerun Intellgent Control Co ROCE % Related Terms

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Kerun Intellgent Control Co (BJSE:834062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kerun Intellgent Control Co Ltd (BJSE:834062) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1 Kaiyuan Road, Shanhai Cooperation Zone, Economic Development Zone, Jiangshan City, Zhejiang Province, Quzhou City, CHN, 324100

Website

http://www.krgroup.cn

Kerun Intellgent Control Co Ltd conducts research, development, production, sales, and service of power transmission and distribution equipment, high and low-voltage complete sets, special power containers, transformers, and new energy products. The company has six major business divisions - Electrical Division, Transformer Division, Component Division, Sheet Metal Division, New Energy Division, and Military Industry Division. The leading products are transformer series, high and low voltage complete switchgear series, and box-type substation series.

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