Youon Technology Co (SHSE:603776) ROCE % : -0.98% (As of Sep. 2024)

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What is Youon 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. Youon Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.98%.

Youon Technology Co ROCE % Historical Data

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

Youon Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.83

10.38

2.20

-0.65

-1.78

Youon 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															-1.85	-11.69	0.28	1.39	-0.98

Youon Technology Co ROCE % Calculation

Youon 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 )
	=	-74.595	/	( ( (4679.922 - 448.15)	+	(4564.901 - 407.304) )	/ 2 )
	=	-74.595	/	( (4231.772	+	4157.597)	/ 2 )
	=	-74.595	/	4194.6845
	=	-1.78 %

Youon 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 )
	=	-40.084	/	( ( (4527.795 - 431.085)	+	(4477.097 - 409.493) )	/ 2 )
	=	-40.084	/	( ( 4096.71	+	4067.604 )	/ 2 )
	=	-40.084	/	4082.157
	=	-0.98 %

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

Youon Technology Co (SHSE:603776) 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.

Youon Technology Co ROCE % Related Terms

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Youon Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Youon Technology Co Ltd (SHSE:603776) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 400, Hanjiang Road, Xinbei District, Changzhou, CHN, 213022

Website

http://www.ibike668.com

Youon Technology Co Ltd is an international supplier and operator of urban green transportation systems. The company develops, manufactures and sells public bicycle system and public bicycle system information technology services. The company through its IoT technology and big data platform provide comprehensive and three-dimensional green transportation services for the city. It is mainly specialized in public bicycles, public bicycle rental, public bicycle system, public bicycle rental system, public bicycle intelligent control system, urban public bicycles.

Executives

Sun Wei	Directors, senior managers
Dong Ping	Directors, senior managers
Chang Ling	Supervisors
Wu Xiao Hua	Supervisors
Huang De Yun	senior management
Sun Ji Sheng	Directors, senior managers
Zhang Xian	senior management
Tao An Ping	Director
Suo Jun	Supervisors

Youon Technology Co Headlines

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