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Beijing SinoHytec Co (HKSE:02402) ROCE % : -18.88% (As of Sep. 2024)


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What is Beijing SinoHytec 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. Beijing SinoHytec Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -18.88%.

Beijing SinoHytec Co ROCE % Historical Data

The historical data trend for Beijing SinoHytec 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.

* Premium members only.

Beijing SinoHytec Co ROCE % Chart

Beijing SinoHytec Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 -1.79 -8.50 -7.25 -9.15

Beijing SinoHytec Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.92 -3.31 -11.57 -7.60 -18.88

Beijing SinoHytec Co ROCE % Calculation

Beijing SinoHytec 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 )
=-332.38/( ( (4225.599 - 925.733) + (5409.525 - 1446.098) )/ 2 )
=-332.38/( (3299.866+3963.427)/ 2 )
=-332.38/3631.6465
=-9.15 %

Beijing SinoHytec 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 )
=-698.984/( ( (5357.669 - 1627.912) + (5478.187 - 1802.132) )/ 2 )
=-698.984/( ( 3729.757 + 3676.055 )/ 2 )
=-698.984/3702.906
=-18.88 %

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

* 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.

Beijing SinoHytec Co  (HKSE:02402) 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.

Beijing SinoHytec Co ROCE % Related Terms

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Beijing SinoHytec Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beijing SinoHytec Co Ltd (HKSE:02402) » Definitions » ROCE %
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Traded in Other Exchanges
688339:China
Address
Zhongguancun, No. 66, Xixiaokou Road, Room C701, 7th Floor, Block C, Building B-6, Dongsheng Technology Park, Haidian District, Beijing, CHN, 100192
Website
https://www.sinohytec.com
Beijing SinoHytec Co Ltd is engaged in the electrical machinery and equipment manufacturing industry and its main products and services are fuel cell engine systems and related technology development services Its products are Hydrogen Fuel Cell EngineCombined Heat and PowerElectrolyzer.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Guotai Junan International Holdings Limited 2201 Interest of corporation controlled by you
Guotai Junan Securities Co., Ltd 2201 Interest of corporation controlled by you
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
J.p. Morgan Securities Plc 2106 Person having a security interest in shares
Apstar Investment Pte Ltd 2201 Interest of corporation controlled by you
Astonish Investment Pte Ltd 2101 Beneficial owner
Gic (ventures) Pte. Ltd. 2201 Interest of corporation controlled by you
Gic Private Limited 2201 Interest of corporation controlled by you
Gic Special Investments Private Limited 2102 Investment manager

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