Nanfang Communication Holdings (HKSE:01617) ROCE % : 2.23% (As of Jun. 2024)

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What is Nanfang Communication Holdings 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. Nanfang Communication Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.23%.

Nanfang Communication Holdings ROCE % Historical Data

The historical data trend for Nanfang Communication Holdings'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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Nanfang Communication Holdings ROCE % Chart

Nanfang Communication Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.04

-2.55

-7.97

0.23

-0.01

Nanfang Communication Holdings Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-5.61	5.97	0.86	-0.85	2.23

Nanfang Communication Holdings ROCE % Calculation

Nanfang Communication Holdings'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 )
	=	-0.055	/	( ( (1657.51 - 741.398)	+	(1553.05 - 588.5) )	/ 2 )
	=	-0.055	/	( (916.112	+	964.55)	/ 2 )
	=	-0.055	/	940.331
	=	-0.01 %

Nanfang Communication Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	21.41	/	( ( (1553.05 - 588.5)	+	(1561.661 - 606.464) )	/ 2 )
	=	21.41	/	( ( 964.55	+	955.197 )	/ 2 )
	=	21.41	/	959.8735
	=	2.23 %

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

Nanfang Communication Holdings (HKSE:01617) 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.

Nanfang Communication Holdings ROCE % Related Terms

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Nanfang Communication Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanfang Communication Holdings Ltd (HKSE:01617) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Cencun Road, Luoyang Town, Wujin District, Jiangsu Province, Changzhou, CHN

Website

https://www.jsnfgroup.com

Nanfang Communication Holdings Ltd manufactures and supplies a wide range of optical fiber cable components. The products of the company are used in different applications, such as mobile communication networks, internet networks, and fixed telephone networks in the telecommunications industry, and can be installed under different conditions. The company's products include central Unitube optical fiber cables, Layer Stranded optical fiber products, copper made communication cables, copper made enamelled wires, and others. The company's operation is principally in the People's Republic of China.

Executives

Shi Ming	2101 Beneficial owner
Yu Rumin	2101 Beneficial owner
Pacific Mind Development Limited	2101 Beneficial owner
Ubs Tc (jersey) Ltd	2301 Trustee
Yu Jianguang	2202 Interest of your spouse
Yu Jinlai	2305 Beneficiary of a trust
Yu Ruping	2101 Beneficial owner
Zhu Qinying	2202 Interest of your spouse

Nanfang Communication Holdings Headlines

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