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Wuxi NCE Power Co (SHSE:605111) ROCE % : 14.39% (As of Sep. 2024)


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What is Wuxi NCE Power 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. Wuxi NCE Power Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 14.39%.


Wuxi NCE Power Co ROCE % Historical Data

The historical data trend for Wuxi NCE Power 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.

* Premium members only.

Wuxi NCE Power Co ROCE % Chart

Wuxi NCE Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.83 17.48 33.70 18.42 9.59

Wuxi NCE Power 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.72 14.87 11.44 14.27 14.39

Wuxi NCE Power Co ROCE % Calculation

Wuxi NCE Power 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 )
=349.484/( ( (3989.497 - 487.754) + (4339.72 - 553.369) )/ 2 )
=349.484/( (3501.743+3786.351)/ 2 )
=349.484/3644.047
=9.59 %

Wuxi NCE Power 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 )
=570.024/( ( (4262.294 - 346.409) + (4376.297 - 370.858) )/ 2 )
=570.024/( ( 3915.885 + 4005.439 )/ 2 )
=570.024/3960.662
=14.39 %

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

* 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.


Wuxi NCE Power Co  (SHSE:605111) 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.


Wuxi NCE Power Co ROCE % Related Terms

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Wuxi NCE Power Co Business Description

Traded in Other Exchanges
N/A
Address
Extension of Xinda Road, Singapore Industrial Park, Xinwu District, Jiangsu Province (east side of the road), Wuxi, CHN, 214000
Wuxi NCE Power Co Ltd is engaged in design and sales of MOSFET, IGBT and other semiconductor chips and power devices. The company provides 12V~200V Trench MOSFET (N channel and P channel), 30V~300V Super Trench MOSFET (N channel and P channel), 500V~900V Super Junction MOSFET and 600V~1350V Insulated Gate Bipolar Transistor (IGBT). Its products are widely applied in numerous fields, like automotive electronics, motor driver, household appliances, consumer electronics, LED lighting, security, electric motorcycle, network communication equipment, among others.
Executives
Ye Peng Directors, senior managers
Wang Cheng Hong Directors, senior managers
Lu Hong senior management
Xiao Dong Ge senior management
Gu Peng Peng Director
Li Zong Qing Supervisors
Wang Yong Gang senior management
Zhu Yuan Zheng Directors, senior managers
Chen Ling Li Supervisors
Zong Zhen senior management
Yang Zhuo Director
Wu Guo Qiang Supervisors

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