GL-Carlink Technology Holding (HKSE:02531) ROCE % : 9.93% (As of Jun. 2024)

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What is GL-Carlink Technology Holding 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. GL-Carlink Technology Holding's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.93%.

GL-Carlink Technology Holding ROCE % Historical Data

The historical data trend for GL-Carlink Technology Holding'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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GL-Carlink Technology Holding ROCE % Chart

GL-Carlink Technology Holding Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

ROCE %

13.54

16.09

16.69

7.65

GL-Carlink Technology Holding Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			32.19	14.80	18.35	9.93	7.84

GL-Carlink Technology Holding ROCE % Calculation

GL-Carlink Technology Holding'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 )
	=	66.995	/	( ( (627.568 - 251.647)	+	(618.916 - 191.992) )	/ 2 )
	=	66.995	/	( (375.921	+	426.924)	/ 2 )
	=	66.995	/	401.4225
	=	16.69 %

GL-Carlink Technology Holding'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 )
	=	42.926	/	( ( (618.916 - 191.992)	+	(633.914 - 196.099) )	/ 2 )
	=	42.926	/	( ( 426.924	+	437.815 )	/ 2 )
	=	42.926	/	432.3695
	=	9.93 %

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

GL-Carlink Technology Holding (HKSE:02531) 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.

GL-Carlink Technology Holding ROCE % Related Terms

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GL-Carlink Technology Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GL-Carlink Technology Holding Ltd (HKSE:02531) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3370 Liuxian Avenue, 14th Floor, Building 1, Chongwen Garden, Nanshan IPark, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.glshuke.com

GL-Carlink Technology Holding Ltd is an in-vehicle hardware and SaaS marketing and management service provider for automotive aftermarket industry in China. It has a focus on (i) sales of in-vehicle hardware products; and (ii) provision of SaaS marketing and management services, covering SaaS subscription services and SaaS value-added services. Key revenue is generated from sales of in-vehicle hardware products.

Executives

Zhu Lei	2201 Interest of corporation controlled by you
Gao He Nan	2201 Interest of corporation controlled by you
Yan Tai Long He Tou Zi You Xian Gong Si	2101 Beneficial owner
Guang Xi Zi Mao Qu Huo Zhen Duo Wang Luo Ke Ji You Xian Gong Si	2106 Person having a security interest in shares
Ma An Shan Huai Xin Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Hu Guang Hui	2201 Interest of corporation controlled by you
Huaixin Co-stone Investment Limited	2101 Beneficial owner
Ma An Shan Shen Zhou Ji Shi Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Zhang Wei	2201 Interest of corporation controlled by you
Ji Shi Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wu Lu Mu Qi Feng Huang Ji Shi Gu Quan Tou Zi Guan Li You Xian He Huo Qi Ye	2201 Interest of corporation controlled by you
Shang Hai Ke Shen Guan Li Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Xi Zang Tian Ji Ji Shi Chuang Ye Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Hui	2201 Interest of corporation controlled by you
Yue Cai Si Mu Gu Quan Tou Zi Guang Dong You Xian Gong Si	2201 Interest of corporation controlled by you

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