Beijing Wandong Medical Technology Co (SHSE:600055) ROCE % : 2.36% (As of Dec. 2024)

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What is Beijing Wandong Medical Technology Co 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. Beijing Wandong Medical Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 2.36%.

Beijing Wandong Medical Technology Co ROCE % Historical Data

The historical data trend for Beijing Wandong Medical 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.

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Beijing Wandong Medical Technology Co ROCE % Chart

Beijing Wandong Medical Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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11.47

8.40

5.30

4.45

3.44

Beijing Wandong Medical Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															5.64	1.54	6.87	3.02	2.36

Beijing Wandong Medical Technology Co ROCE % Calculation

Beijing Wandong Medical Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	168.507	/	( ( (5396.326 - 525.543)	+	(5470.493 - 534.755) )	/ 2 )
	=	168.507	/	( (4870.783	+	4935.738)	/ 2 )
	=	168.507	/	4903.2605
	=	3.44 %

Beijing Wandong Medical Technology Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	115.832	/	( ( (5333.856 - 434.166)	+	(5470.493 - 534.755) )	/ 2 )
	=	115.832	/	( ( 4899.69	+	4935.738 )	/ 2 )
	=	115.832	/	4917.714
	=	2.36 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Beijing Wandong Medical Technology Co (SHSE:600055) 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.

Beijing Wandong Medical Technology Co ROCE % Related Terms

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Beijing Wandong Medical Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Wandong Medical Technology Co Ltd (SHSE:600055) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao East Road, 9th Floor, Building 3, Chaoyang District, Beijing, CHN, 100015

Website

http://www.wandong.com.cn

Beijing Wandong Medical Technology Co Ltd is engaged in the development, manufacture, and distribution of medical equipment. Its products consist of radiological imaging equipment, including angiographic and cardiac systems, digital direct radiography (DR) imaging equipment, high frequency diagnostic systems, high frequency radiographic systems, conventional x-ray diagnostic equipment and high frequency mobile units, magnetic resonance imaging (MRI) equipment, as well as digital medical image management systems, among others. The company is also engaged in providing maintenance services.

Executives

Zhang Dan Shi	Supervisors
Yang Li	senior management
Gao En Yi	senior management
Liu Hai Chen	senior management
Jiang Da	Director
Wu Guang Ming	Director
Wang Wan Liang	Director
Xu Jia Ju	Director

Beijing Wandong Medical Technology Co Headlines

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