Sing Lee Software (Group) (HKSE:08076) ROCE % : 102.70% (As of Dec. 2023)

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What is Sing Lee Software (Group) 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. Sing Lee Software (Group)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 102.70%.

Sing Lee Software (Group) ROCE % Historical Data

The historical data trend for Sing Lee Software (Group)'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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Sing Lee Software (Group) ROCE % Chart

Sing Lee Software (Group) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.78

-24.42

-16.27

-24.52

-11.59

Sing Lee Software (Group) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															106.90	-59.32	-53.27	-47.71	102.70

Sing Lee Software (Group) ROCE % Calculation

Sing Lee Software (Group)'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 )
	=	-7.81	/	( ( (106.992 - 35.256)	+	(76.958 - 13.947) )	/ 2 )
	=	-7.81	/	( (71.736	+	63.011)	/ 2 )
	=	-7.81	/	67.3735
	=	-11.59 %

Sing Lee Software (Group)'s ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	64.712	/	( ( (0 - 0)	+	(76.958 - 13.947) )	/ 1 )
	=	64.712	/	( ( 0	+	63.011 )	/ 1 )
	=	64.712	/	63.011
	=	102.70 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Sing Lee Software (Group) (HKSE:08076) 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.

Sing Lee Software (Group) ROCE % Related Terms

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Sing Lee Software (Group) (HKSE:08076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sing Lee Software (Group) Ltd (HKSE:08076) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 158, Zixuan Road, 16th Floor, Building 9, West City Best Space, Sandun, Xihu District, Hangzhou, CHN, 310030

Website

http://www.singlee.com.cn

Sing Lee Software (Group) Ltd is an investment holding company, which engages in the development and sale of software products. The firm develops and sells information and network technologies and services to the financial and educational industries. It also provides technical support services. It operates its business through the following segments: Sales of Software Products; Sales of Related Hardware Products; and Provision of Technical Support Services. The entity generates most of its revenue from the Provision of Technical Support Services segment. Geographically, it derives the majority of revenue from China.

Executives

Zang Jingjing	2101 Beneficial owner
Li Dong	2101 Beneficial owner
Hung Yung Lai
Goldcorp Industrial Limited
Great Song Enterprises Limited
Li Kei Ling
Iu Pun
Lin Xue Xin	2101 Beneficial owner
Zhou Cuilian	2202 Interest of your spouse
Lei Ying	2202 Interest of your spouse

Sing Lee Software (Group) (HKSE:08076) Headlines

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