Xiamen Road And Bridge Information Co (BJSE:837748) ROCE % : -3.52% (As of Sep. 2024)

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What is Xiamen Road And Bridge Information 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. Xiamen Road And Bridge Information Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.52%.

Xiamen Road And Bridge Information Co ROCE % Historical Data

The historical data trend for Xiamen Road And Bridge Information 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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Xiamen Road And Bridge Information Co ROCE % Chart

Xiamen Road And Bridge Information Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.29

26.11

19.49

21.83

9.57

Xiamen Road And Bridge Information Co Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-3.67	45.65	-11.51	1.83	-3.52

Xiamen Road And Bridge Information Co ROCE % Calculation

Xiamen Road And Bridge Information 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 )
	=	24.619	/	( ( (437.8 - 241.62)	+	(518.116 - 199.931) )	/ 2 )
	=	24.619	/	( (196.18	+	318.185)	/ 2 )
	=	24.619	/	257.1825
	=	9.57 %

Xiamen Road And Bridge Information Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-10.544	/	( ( (469.007 - 167.595)	+	(474.454 - 176.073) )	/ 2 )
	=	-10.544	/	( ( 301.412	+	298.381 )	/ 2 )
	=	-10.544	/	299.8965
	=	-3.52 %

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

Xiamen Road And Bridge Information Co (BJSE:837748) 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.

Xiamen Road And Bridge Information Co ROCE % Related Terms

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Xiamen Road And Bridge Information Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xiamen Road And Bridge Information Co Ltd (BJSE:837748) » Definitions » ROCE %

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Address

No. 370 Chengyi Street, Unit 1801 - 1804, Phase III, Software Park, Jimei, Fujian, Xiamen, CHN, 361000

Website

https://www.xmrbi.com

Xiamen Road And Bridge Information Co Ltd specializes in the research & development and promotion of digital products and solutions in the transportation industry and has launched the one road brand for the transportation industry. , covering the entire process of transportation infrastructure construction, management, maintenance, operation, and service, and has expanded into innovative fields such as smart construction sites and smart municipal administration.

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