Hundsun Technologies (SHSE:600570) ROCE % : 19.42% (As of Sep. 2024)

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What is Hundsun Technologies 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. Hundsun Technologies's annualized ROCE % for the quarter that ended in Sep. 2024 was 19.42%.

Hundsun Technologies ROCE % Historical Data

The historical data trend for Hundsun Technologies'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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Hundsun Technologies ROCE % Chart

Hundsun Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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38.65

29.43

25.45

15.96

17.41

Hundsun Technologies 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															6.66	39.65	-1.44	2.64	19.42

Hundsun Technologies ROCE % Calculation

Hundsun Technologies'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 )
	=	1471.201	/	( ( (13010.742 - 5245.244)	+	(14353.73 - 5222.322) )	/ 2 )
	=	1471.201	/	( (7765.498	+	9131.408)	/ 2 )
	=	1471.201	/	8448.453
	=	17.41 %

Hundsun Technologies'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 )
	=	1765.672	/	( ( (13135.95 - 4246.683)	+	(13414.308 - 4118.792) )	/ 2 )
	=	1765.672	/	( ( 8889.267	+	9295.516 )	/ 2 )
	=	1765.672	/	9092.3915
	=	19.42 %

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

Hundsun Technologies (SHSE:600570) 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.

Hundsun Technologies ROCE % Related Terms

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Hundsun Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hundsun Technologies Inc (SHSE:600570) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1888, Binxing Road, Digital Intelligence Centre, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.hundsun.com

Hundsun Technologies Inc provides financial software and network services in China. It offers integrated solutions and services to the institutions of securities, futures, funds, trust, insurance, bank, exchange, and private placement. The company also provides wealth management tools to individual investors.

Executives

Peng Zheng Gang	Director
Guan Xiao Lan	senior management
Jiang Jian Sheng	Director
Liu Shu Feng	Director
Fan Jing Wu	senior management
Zhang Xiao Dong	senior management
Fang Han Lin	senior management
Chen Hong	Director
Wang Ze Jiang	Director
Liu Yang	Supervisors
Qian Yi Jun	Supervisors
Tu Hai Yan	Supervisors
Liu Xiang	senior management
Huang Da Cheng	Director
Zhang Lei	Supervisors

Hundsun Technologies Headlines

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