Kunshan Kersen Science & Technology Co (SHSE:603626) ROCE % : -7.87% (As of Sep. 2024)

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What is Kunshan Kersen Science & 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. Kunshan Kersen Science & Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.87%.

Kunshan Kersen Science & Technology Co ROCE % Historical Data

The historical data trend for Kunshan Kersen Science & 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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Kunshan Kersen Science & Technology Co ROCE % Chart

Kunshan Kersen Science & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.78

0.06

12.32

4.35

-6.23

Kunshan Kersen Science & Technology 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															-9.04	-10.95	-6.12	-10.21	-7.87

Kunshan Kersen Science & Technology Co ROCE % Calculation

Kunshan Kersen Science & 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 )
	=	-236.932	/	( ( (5699.051 - 1943.446)	+	(5282.918 - 1427.73) )	/ 2 )
	=	-236.932	/	( (3755.605	+	3855.188)	/ 2 )
	=	-236.932	/	3805.3965
	=	-6.23 %

Kunshan Kersen Science & Technology 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 )
	=	-268.08	/	( ( (5564.501 - 2031.939)	+	(5604.05 - 2324.043) )	/ 2 )
	=	-268.08	/	( ( 3532.562	+	3280.007 )	/ 2 )
	=	-268.08	/	3406.2845
	=	-7.87 %

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

Kunshan Kersen Science & Technology Co (SHSE:603626) 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.

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Kunshan Kersen Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kunshan Kersen Science & Technology Co Ltd (SHSE:603626) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 339 Kunjia Road, Kunshan Development Zone, Jiangsu Province, Kunshan, CHN, 215300

Website

http://www.kersentech.com

Kunshan Kersen Science & Technology Co Ltd is a manufacturer of precision metallic components. It offers products in the fields of 3C electronic consumer goods, medical equipment parts, new energy parts, and auto parts. The company's products include laptop D key, buttons, laptop C key, bone nail, square tube, aluminum tube, interlock assembly, governor shaft, and shaft sleeve, among others.

Executives

	Director
Xiang Xue Mei	Director
Qu Li Ping	Director
Li Jin	Director
Wu Hui Ming	Director
Xu Jin Gen	Director
Xu Ning	Director
Zhou Wei Dong	Director

Kunshan Kersen Science & Technology Co Headlines

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