IBO Technology Co (HKSE:02708) ROCE %: -977.60% (As of Mar. 2024)


HKSE:02708 IBO Technology Co Ltd HKSE:02708
4 GF Score
Price HK$0.06
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What is IBO Technology Co ROCE %?

IBO Technology Co HKSE:02708 4 ROCE % is -977.60% as of Mar. 2024. GuruFocus rates HKSE:02708 with a GF Score™ of 4/100.

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. IBO Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -977.60%.

IBO Technology Co  (HKSE:02708) 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.

IBO Technology Co ROCE % Related Terms

IBO Technology Co ROCE % Historical Data

* Premium members only.

The historical data trend for IBO Technology 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.

IBO Technology Co ROCE % Chart

IBO Technology Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 10.87 -39.12 -387.96 0.00

IBO Technology Co Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
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 3.93 -78.58 -50.79 -977.60 0.00
HKSE:02708
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IBO Technology Co Ltd HKSE:02708
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IBO Technology Co ROCE % Calculation

IBO Technology Co's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-879.085/( ( (2425.311 - 1719.98) + (0.042 - 252.185) )/ 2 )
=-879.085/( (705.331+-252.143)/ 2 )
=-879.085/226.594
=-387.96 %

IBO Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=-1436.39/( ( (1765.135 - 1219.132) + (0.042 - 252.185) )/ 2 )
=-1436.39/( ( 546.003 + -252.143 )/ 2 )
=-1436.39/146.93
=-977.60 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -977.60% mean?
IBO Technology Co (HKSE:02708) has a ROCE % of -977.60% as of Mar. 2024.
Is IBO Technology Co's ROCE % too high?
IBO Technology Co's current ROCE % is -977.60%. Overall, IBO Technology Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does IBO Technology Co's ROCE % compare to MSFT and ORCL?
IBO Technology Co's ROCE % of -977.60% can be compared against companies in the Software industry. The industry median ROCE % is 5.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Software company?
The median ROCE % among Software companies is 5.16, based on 2,711 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IBO Technology Co's current ROCE % is -977.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IBO Technology Co stock overvalued right now?
IBO Technology Co (HKSE:02708) has a current ROCE % of -977.60%. The current ROCE % is -977.60%. IBO Technology Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For IBO Technology Co (HKSE:02708), the current ROCE % is -977.60% as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IBO Technology Co Business Description

Address No. 9116 Beihuan Avenue, Level 6, Block A, Fu Wah Technology Building, Nanshan, Shenzhen, CHN
IBO Technology Co Ltd is engaged in providing the Internet of Things (IoT) intelligent terminal product applications and solutions services in the People's Republic of China. The company operates in four segments. Its System integration segment provides coordination, management, and installation services. The Intelligent terminal products sales segment is involved in the sale of intelligent terminal products. Its Software development segment develops customized software. The company's System maintenance services segment renders system maintenance services. The key revenue is derived from the Intelligent terminal products sales segment. The company earns the majority of its revenue is derived from customers located in the PRC.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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