SAIH (Saiheat) ROCE % : -34.00% (As of Jun. 2024)

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What is Saiheat 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. Saiheat's annualized ROCE % for the quarter that ended in Jun. 2024 was -34.00%.

Saiheat ROCE % Historical Data

The historical data trend for Saiheat'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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Saiheat ROCE % Chart

Saiheat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

17.04

-235.61

-42.46

-38.14

Saiheat Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial				-25.92	-35.91	-42.39	-33.52	-34.00

Saiheat ROCE % Calculation

Saiheat'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 )
	=	-7.233	/	( ( (21.1 - 0.555)	+	(18.075 - 0.687) )	/ 2 )
	=	-7.233	/	( (20.545	+	17.388)	/ 2 )
	=	-7.233	/	18.9665
	=	-38.14 %

Saiheat'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 )
	=	-5.694	/	( ( (18.075 - 0.687)	+	(17.584 - 1.474) )	/ 2 )
	=	-5.694	/	( ( 17.388	+	16.11 )	/ 2 )
	=	-5.694	/	16.749
	=	-34.00 %

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

Saiheat (NAS:SAIH) 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.

Saiheat ROCE % Related Terms

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Saiheat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Saiheat Ltd (NAS:SAIH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 01-05 Pearl’s Hill Terrace, Singapore, SGP, 168976

Website

https://www.saiheat.com

Saiheat Ltd develops technologies for the advanced Computing Center Ecosystem (ACCE), a next-gen computing center featuring high-performance servers, advanced liquid cooling, and systems for capturing and recycling computing heat. It aims to reduce the carbon footprint of Bitcoin mining and AI operations.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021