Traffic Control Technology Co (SHSE:688015) ROCE % : 10.50% (As of Dec. 2024)

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What is Traffic Control 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. Traffic Control Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.50%.

Traffic Control Technology Co ROCE % Historical Data

The historical data trend for Traffic Control 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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Traffic Control Technology Co ROCE % Chart

Traffic Control Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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18.70

15.57

9.80

4.47

4.76

Traffic Control Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															9.63	3.43	3.49	1.81	10.50

Traffic Control Technology Co ROCE % Calculation

Traffic Control Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	137.703	/	( ( (5713.342 - 2845.117)	+	(6206.327 - 3283.177) )	/ 2 )
	=	137.703	/	( (2868.225	+	2923.15)	/ 2 )
	=	137.703	/	2895.6875
	=	4.76 %

Traffic Control Technology Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	302.108	/	( ( (5654.556 - 2825.294)	+	(6206.327 - 3283.177) )	/ 2 )
	=	302.108	/	( ( 2829.262	+	2923.15 )	/ 2 )
	=	302.108	/	2876.206
	=	10.50 %

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

Traffic Control Technology Co (SHSE:688015) 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.

Traffic Control Technology Co ROCE % Related Terms

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Traffic Control Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Traffic Control Technology Co Ltd (SHSE:688015) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Zhicheng North Street, Room 101, 1st Floor, Building 1, Jiaokong Building, Fengtai District, Beijing, CHN, 100070

Website

http://www.bj-tct.com

Traffic Control Technology Co Ltd is committed towards providing telecom signal system solutions and full lifecycle services for improved rail transit. It covers communications-based train control systems, interoperable systems compatible with multiple signal systems, GOA4 level fully automatic operation system and various others.

Executives

Liu Chao	Core technical personnel
Guo Hui	Core technical personnel
Zhi Guo Sheng	senior management
Xiao Xiao	Core technical personnel
Bi Wei Wei	senior management
Fan Ying	Senior management, core technical personnel
Gao Chun Hai	Directors, senior managers
Zhang Yang	senior management
Wang Wei	Senior management, core technical personnel
Yang Xu Wen	Core technical personnel
Huang Qing	senior management
Wang Zhi Yu	senior management
Liu Bo	Core technical personnel
Li Chun Hong	Directors, senior managers
Zhang Jian Ming	senior management

Traffic Control Technology Co Headlines

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