Saurer Intelligent Technology Co (SHSE:600545) ROCE % : -1.89% (As of Sep. 2024)

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What is Saurer Intelligent 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. Saurer Intelligent Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.89%.

Saurer Intelligent Technology Co ROCE % Historical Data

The historical data trend for Saurer Intelligent 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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Saurer Intelligent Technology Co ROCE % Chart

Saurer Intelligent Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.93

-10.58

-8.19

-2.43

4.69

Saurer Intelligent Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															17.24	0.68	-1.71	-3.57	-1.89

Saurer Intelligent Technology Co ROCE % Calculation

Saurer Intelligent Technology Co'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 )
	=	233.47	/	( ( (9860.249 - 5456.838)	+	(9892.917 - 4347.843) )	/ 2 )
	=	233.47	/	( (4403.411	+	5545.074)	/ 2 )
	=	233.47	/	4974.2425
	=	4.69 %

Saurer Intelligent Technology Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-96.152	/	( ( (9252.551 - 4196.625)	+	(9412.931 - 4308.999) )	/ 2 )
	=	-96.152	/	( ( 5055.926	+	5103.932 )	/ 2 )
	=	-96.152	/	5079.929
	=	-1.89 %

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

Saurer Intelligent Technology Co (SHSE:600545) 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.

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Saurer Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saurer Intelligent Technology Co Ltd (SHSE:600545) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 133 Nanhu Road, Chengjian Building, 21-22F, Xinjiang, Urumqi, CHN, 830063

Website

http://www.saurer.com

Saurer Intelligent Technology Co Ltd is a technology group based in China which is focused on machinery and components for yarn processing. It operates in two segments Saurer Spinning Solutions and Saurer Technologies. Saurer Spinning Solutions offers technologically advanced and customer-specific automation solutions for processing staple fibre from bale to yarn. Saurer Technologies specializes in twisting and embroidery as well as engineered and polymer solutions. The product offerings of the company include Pre Spinning, Roving Frame, Winding, Rotor Spinning and Embroidery machines.

Executives

Yun Tian Yong

Director

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