Bestlink Technologies Co (SHSE:603206) ROCE % : 4.92% (As of Sep. 2024)

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What is Bestlink Technologies 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. Bestlink Technologies Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.92%.

Bestlink Technologies Co ROCE % Historical Data

The historical data trend for Bestlink Technologies 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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Bestlink Technologies Co ROCE % Chart

Bestlink Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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28.69

33.09

31.59

16.79

10.23

Bestlink Technologies Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial													7.09	16.73	6.07	7.47	4.92

Bestlink Technologies Co ROCE % Calculation

Bestlink Technologies 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 )
	=	220.605	/	( ( (4521.49 - 2432.627)	+	(6292.793 - 4067.695) )	/ 2 )
	=	220.605	/	( (2088.863	+	2225.098)	/ 2 )
	=	220.605	/	2156.9805
	=	10.23 %

Bestlink Technologies 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 )
	=	109.932	/	( ( (6555.947 - 4329.608)	+	(6683.013 - 4440.331) )	/ 2 )
	=	109.932	/	( ( 2226.339	+	2242.682 )	/ 2 )
	=	109.932	/	2234.5105
	=	4.92 %

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

Bestlink Technologies Co (SHSE:603206) 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.

Bestlink Technologies Co ROCE % Related Terms

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Bestlink Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bestlink Technologies Co Ltd (SHSE:603206) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 19, Ningshuang Road, Building 10, Yuhuatai District, Jiangsu Province, Nanjing, CHN, 210012

Website

http://www.bestlink.com.cn

Bestlink Technologies Co Ltd focuses on information and communication technology services. It offers network construction services, network operation and maintenance services, information and communication system software debugging services, government and enterprise industry intelligent services, network optimization services and ICT education and training services.

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