Triumph Science & Technology Co (SHSE:600552) ROCE % : 5.03% (As of Jun. 2024)

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What is Triumph Science & 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. Triumph Science & Technology Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.03%.

Triumph Science & Technology Co ROCE % Historical Data

The historical data trend for Triumph Science & 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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Triumph Science & Technology Co ROCE % Chart

Triumph Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.76

9.18

11.84

7.67

5.19

Triumph Science & Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															6.68	3.82	4.27	3.95	5.03

Triumph Science & Technology Co ROCE % Calculation

Triumph Science & 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 )
	=	296.681	/	( ( (9905.851 - 4098.395)	+	(10233.347 - 4599.97) )	/ 2 )
	=	296.681	/	( (5807.456	+	5633.377)	/ 2 )
	=	296.681	/	5720.4165
	=	5.19 %

Triumph Science & Technology Co'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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	301.136	/	( ( (10375.016 - 4523.89)	+	(10701.334 - 4567.718) )	/ 2 )
	=	301.136	/	( ( 5851.126	+	6133.616 )	/ 2 )
	=	301.136	/	5992.371
	=	5.03 %

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

Triumph Science & Technology Co (SHSE:600552) 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.

Triumph Science & Technology Co ROCE % Related Terms

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Triumph Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Triumph Science & Technology Co Ltd (SHSE:600552) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8009 Huangshan Road, Gaoxin District, Anhui Province, Handan City, CHN, 233010

Website

http://www.fangxingkj.com

Triumph Science & Technology Co Ltd manufactures and sells glass & new materials. Its products include ITO conductive film glass, composite coated glass, float glass & glass deep-processing products.

Executives

Huang Xiao Ting	Director
Ou Mu Lan	senior management
Shu An Jun	Director
Wang Yong He	senior management
Zhang Shao Bo	senior management
Ni Zhi Sen	Director
Xia Ning	Director
Sun Lei	senior management
Li Jie Song	Supervisors
Mao Ling Wen	Director
Zhou Ming	Supervisors
Lin Shan	Supervisors
Yin Chuan Wei	Director
Jie Zhang Qing	Director
Chen Yong	Supervisors

Triumph Science & Technology Co Headlines

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