EmbedWay Technologies (Shanghai) (SHSE:603496) ROCE % : 3.23% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is EmbedWay Technologies (Shanghai) 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. EmbedWay Technologies (Shanghai)'s annualized ROCE % for the quarter that ended in Sep. 2024 was 3.23%.

EmbedWay Technologies (Shanghai) ROCE % Historical Data

The historical data trend for EmbedWay Technologies (Shanghai)'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.

* Premium members only.

EmbedWay Technologies (Shanghai) ROCE % Chart

EmbedWay Technologies (Shanghai) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.43

4.62

6.18

6.77

6.30

EmbedWay Technologies (Shanghai) 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															4.34	14.32	12.92	10.19	3.23

EmbedWay Technologies (Shanghai) ROCE % Calculation

EmbedWay Technologies (Shanghai)'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 )
	=	83.61	/	( ( (1707.746 - 434.406)	+	(2440.41 - 1057.963) )	/ 2 )
	=	83.61	/	( (1273.34	+	1382.447)	/ 2 )
	=	83.61	/	1327.8935
	=	6.30 %

EmbedWay Technologies (Shanghai)'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 )
	=	47.812	/	( ( (1957.727 - 478.396)	+	(1893.456 - 408.223) )	/ 2 )
	=	47.812	/	( ( 1479.331	+	1485.233 )	/ 2 )
	=	47.812	/	1482.282
	=	3.23 %

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

EmbedWay Technologies (Shanghai) (SHSE:603496) 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.

EmbedWay Technologies (Shanghai) ROCE % Related Terms

Thank you for viewing the detailed overview of EmbedWay Technologies (Shanghai)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

EmbedWay Technologies (Shanghai) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EmbedWay Technologies (Shanghai) Corp (SHSE:603496) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2388, Chenhang Road, 6th Floor, Building 8, Shanghai, CHN, 201114

Website

http://www.embedway.com

EmbedWay Technologies (Shanghai) Corp is a supplier of DPI front-end applications and standard platforms. It provides products and solutions to various applications, such as telecommunications value-added services, internet safety, network and signaling monitoring, and communication equipment producing, among others. The products of the company are blade platform, standalone device, acceleration card, white box switches, converged computing, media processing, ATCA blade, and others.

Executives

Qin Fang	senior management
Zhang Shi Chao	senior management
Hu De Yong	Directors, senior managers
Shen Zhen Yu	Directors, senior managers
Gu Hai Dong	Supervisors
Huang Qi	Supervisors
Wang Xiang	Directors, senior managers
Huang Ming Wei	senior management
Zhao Min Fen	Supervisors
Yu Hao Ming	Director
Zhang Kai Yong	senior management

EmbedWay Technologies (Shanghai) Headlines

No Headlines