Insigma Technology Co (SHSE:600797) ROCE % : -3.70% (As of Mar. 2024)

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What is Insigma 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. Insigma Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.70%.

Insigma Technology Co ROCE % Historical Data

The historical data trend for Insigma 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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Insigma Technology Co ROCE % Chart

Insigma Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.77

3.83

-11.38

5.08

4.48

Insigma Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.20	0.26	2.49	15.13	-3.70

Insigma Technology Co ROCE % Calculation

Insigma 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 )
	=	196.759	/	( ( (6272.965 - 1993.997)	+	(6145.714 - 1648.753) )	/ 2 )
	=	196.759	/	( (4278.968	+	4496.961)	/ 2 )
	=	196.759	/	4387.9645
	=	4.48 %

Insigma Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-164.744	/	( ( (6145.714 - 1648.753)	+	(5855.853 - 1435.76) )	/ 2 )
	=	-164.744	/	( ( 4496.961	+	4420.093 )	/ 2 )
	=	-164.744	/	4458.527
	=	-3.70 %

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

Insigma Technology Co (SHSE:600797) 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.

Insigma Technology Co ROCE % Related Terms

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Insigma Technology Co (SHSE:600797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Insigma Technology Co Ltd (SHSE:600797) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007

Website

http://www.insigma.com.cn

Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.

Executives

Zhou Bo	senior management
Pan Li Chun	Director
Shen Yue	Director
Shi Lie	Director
Chen Jian	Director
Chen Rui	Director
Jiang Yi	senior management
Dong Dan Qing	senior management
Xie Wei	senior management
Xu Ke Fei	senior management
Wu Ying Yan	senior management
Zhao Jian	Director
Zhong Ming Bo	Director
Yang Xiao Hu	senior management
Chen Chun	Director

Insigma Technology Co (SHSE:600797) Headlines

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