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Jiade (JDZG) ROCE % : 0.00% (As of Jun. 2024)


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What is Jiade 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. Jiade's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Jiade ROCE % Historical Data

The historical data trend for Jiade'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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Jiade ROCE % Chart

Jiade Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
18.58 101.70 79.84

Jiade Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial 69.52 - 78.69 65.64 -

Jiade ROCE % Calculation

Jiade'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 )
=1.566/( ( (1.926 - 0.499) + (3.534 - 1.038) )/ 2 )
=1.566/( (1.427+2.496)/ 2 )
=1.566/1.9615
=79.84 %

Jiade'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 )
=0/( ( (3.534 - 1.038) + (10.365 - 1.042) )/ 2 )
=0/( ( 2.496 + 9.323 )/ 2 )
=0/5.9095
=0.00 %

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

Jiade  (NAS:JDZG) 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.

Jiade ROCE % Related Terms

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Jiade Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Jiade Ltd (NAS:JDZG) » Definitions » ROCE %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
No. 1702 and 1706 Minjiang Road, Unit 2-02, Puningdun Business Plaza, Jinjiang District, Sichuan Province, Chengdu, CHN, 610000
Website
Jiade Ltd Ltd is engaged in providing one-stop comprehensive education supporting services to adult education institutions, through a wide range of software platforms and auxiliary solutions. The Group offers pre-enrollment guidance on school/selection and application development, training for entrance exams, and assistance in the application process. The Group also offers offline tutoring, exam administration services, guidance on graduation thesis, and social practice assistance in the People's Republic of China.