Titan Invo Technology (HKSE:00872) ROCE % : -532.06% (As of Dec. 2021)

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What is Titan Invo Technology 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. Titan Invo Technology's annualized ROCE % for the quarter that ended in Dec. 2021 was -532.06%.

Titan Invo Technology ROCE % Historical Data

The historical data trend for Titan Invo Technology'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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Titan Invo Technology ROCE % Chart

Titan Invo Technology Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-8.09

-8.70

-30.83

-34.91

-301.54

Titan Invo Technology Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
ROCE %	Get a 7-Day Free Trial															-37.37	-30.72	-43.49	-23.69	-532.06

Titan Invo Technology ROCE % Calculation

Titan Invo Technology's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-505.756	/	( ( (1674.188 - 1239.336)	+	(820.02 - 919.427) )	/ 2 )
	=	-505.756	/	( (434.852	+	-99.407)	/ 2 )
	=	-505.756	/	167.7225
	=	-301.54 %

Titan Invo Technology's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	-907.826	/	( ( (1499.732 - 1059.073)	+	(820.02 - 919.427) )	/ 2 )
	=	-907.826	/	( ( 440.659	+	-99.407 )	/ 2 )
	=	-907.826	/	170.626
	=	-532.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

Titan Invo Technology (HKSE:00872) 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.

Titan Invo Technology ROCE % Related Terms

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Titan Invo Technology (HKSE:00872) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Titan Invo Technology Ltd (HKSE:00872) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Zhongguancun East Road, 19th Floor, Block B, Science and Technology Building, Tsinghua Science and Technology Park, Haidian District, Beijing, CHN

Website

http://www.tus-i.com

Titan Invo Technology Ltd formerly TUS International Ltd is principally engaged in research and development, production and sales of automotive driving assistance system (ADAS) and automotive-grade wireless connectivity modules. Its operating segments are Automotive-grade wireless connectivity business which involves the research and development and sales of automotive-grade wireless connectivity modules in Europe, the United States and the Asia Pacific region, and the ADAS products segment which consists of the research and development, production and sales of ADAS products and software algorithm products in the PRC. The company operates in the PRC, Europe, the United States, and Asia pacific.

Executives

Si Chuan Sheng Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Ma Chi Kong Karl	2101 Beneficial owner
Wang Jiwu	2201 Interest of corporation controlled by you
Qing Hua Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Qing Hua Da Xue	2201 Interest of corporation controlled by you
Bei Jing Bai Jun Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Tus-holdings Co., Ltd.
Tuspark Venture Investment Ltd
Wang Jiwu
Shen Xiao
Yi Zhuang Guo Ji Kong Gu Xiang Gang You Xian Gong Si
Bei Jing Yi Zhuang Guo Ji Tou Zi Fa Zhan You Xian Gong Si

Titan Invo Technology (HKSE:00872) Headlines

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