China Security Co (SHSE:600654) ROCE % : -1.50% (As of Sep. 2024)

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What is China Security 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. China Security Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.50%.

China Security Co ROCE % Historical Data

The historical data trend for China Security 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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China Security Co ROCE % Chart

China Security Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.41

-4.38

-416.50

-32.74

7.11

China Security 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															13.27	14.93	7.48	2.67	-1.50

China Security Co ROCE % Calculation

China Security 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 )
	=	124.423	/	( ( (4314.205 - 2475.776)	+	(3934.938 - 2273.926) )	/ 2 )
	=	124.423	/	( (1838.429	+	1661.012)	/ 2 )
	=	124.423	/	1749.7205
	=	7.11 %

China Security 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 )
	=	-28.644	/	( ( (3768.006 - 1860.634)	+	(3582.521 - 1678.446) )	/ 2 )
	=	-28.644	/	( ( 1907.372	+	1904.075 )	/ 2 )
	=	-28.644	/	1905.7235
	=	-1.50 %

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

China Security Co (SHSE:600654) 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.

China Security Co ROCE % Related Terms

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China Security Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Security Co Ltd (SHSE:600654) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No.2, South Road, 17th Floor, Block C, Rongke Information Center, Haidian District, Beijing, CHN, 100190

Website

http://www.600654.com

China Security Co Ltd is a professional smart city system integrator and comprehensive security service provider in China. It is involved in system integration and product manufacture. Its domestic business includes Public Safety, Smart Living, Smart Industry, and Smart Integration. Its international business includes Cash Logistics Management, Property Security Service, Electronic Security Service, Guard Security Services, Facility Management Service, and Extended Security Services.

Executives

Qiu Zhong Cheng	Director
Fan Zhi Qiang	Director
Chen Guo Liang	Director
Liu Ren Ren	senior management
Chen Guo Yu	senior management
Li Jun	Director
Zhuang Song Lin	Director

China Security Co Headlines

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