Bairong (FRA:6B5) ROCE % : 6.21% (As of Dec. 2024)

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What is Bairong 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. Bairong's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.21%.

Bairong ROCE % Historical Data

The historical data trend for Bairong'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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Bairong ROCE % Chart

Bairong Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-138.39

5.55

7.78

6.62

Bairong Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial								6.61	9.53	6.19	6.93	6.21

Bairong ROCE % Calculation

Bairong's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	39.147	/	( ( (707.094 - 132.768)	+	(747.044 - 139.029) )	/ 2 )
	=	39.147	/	( (574.326	+	608.015)	/ 2 )
	=	39.147	/	591.1705
	=	6.62 %

Bairong's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	37.098	/	( ( (708.087 - 120.966)	+	(747.044 - 139.029) )	/ 2 )
	=	37.098	/	( ( 587.121	+	608.015 )	/ 2 )
	=	37.098	/	597.568
	=	6.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Bairong (FRA:6B5) 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.

Bairong ROCE % Related Terms

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Bairong Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bairong Inc (FRA:6B5) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BAIGF:USA 06608:Hong Kong 6B5:Germany

Address

No.10 Furong Street, 1-3 Floor, Tower A, Chaoyang District, Beijing, CHN

Website

https://www.brgroup.com

Bairong Inc is an independent AI-powered technology platform in China serving the financial services industry. The company is engaged in MaaS, BaaS - Financial Scenario, and BaaS - Insurance business. is driven by science and technology, and continuously explores the scenarios and applications of cutting-edge technologies such as artificial intelligence, machine learning, privacy computing, human-machine collaboration, multimodal AI, and others.

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