Sunright (SGX:S71) ROCE % : -6.16% (As of Jan. 2025)

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What is Sunright 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. Sunright's annualized ROCE % for the quarter that ended in Jan. 2025 was -6.16%.

Sunright ROCE % Historical Data

The historical data trend for Sunright'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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Sunright ROCE % Chart

Sunright Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

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1.79

2.81

-1.65

-1.63

3.26

Sunright Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
ROCE %	Get a 7-Day Free Trial															-1.91	-1.36	-2.09	8.88	-6.16

Sunright ROCE % Calculation

Sunright's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	4.741	/	( ( (176.132 - 27.877)	+	(172.159 - 29.745) )	/ 2 )
	=	4.741	/	( (148.255	+	142.414)	/ 2 )
	=	4.741	/	145.3345
	=	3.26 %

Sunright's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Jul. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Jul. 2024 )		(Q: Jan. 2025 )
	=	-8.538	/	( ( (172.159 - 29.745)	+	(163 - 28.048) )	/ 2 )
	=	-8.538	/	( ( 142.414	+	134.952 )	/ 2 )
	=	-8.538	/	138.683
	=	-6.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 2025) EBIT data.

Sunright (SGX:S71) 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.

Sunright ROCE % Related Terms

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Sunright Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunright Ltd (SGX:S71) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 1093 Lower Delta Road, No. 02-01/08, Singapore, SGP, 169204

Website

https://www.sunright.com

Sunright Ltd is an investment holding and management services company. It provides testing and burn-in of integrated circuits and electronic manufacturing services. It manufactures parallel test and burn-in systems and burn-in boards. The company business segments include Burn-in and testing segment and Others. The Burn-in and testing segment is in the business of burn-in and test related activities. The Others segment involves Group-level corporate services, treasury and investments functions, business of trading in and distribution of high-technology electronic products. The company operates in Singapore, Malaysia, China, Other Asian countries, and the United States of which Malaysia generates the maximum revenue.

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