Hunan Kylinsec Technology Co (SHSE:688152) ROCE % : -3.51% (As of Sep. 2024)

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What is Hunan Kylinsec 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. Hunan Kylinsec Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.51%.

Hunan Kylinsec Technology Co ROCE % Historical Data

The historical data trend for Hunan Kylinsec 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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Hunan Kylinsec Technology Co ROCE % Chart

Hunan Kylinsec Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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28.43

58.42

40.16

16.18

-3.49

Hunan Kylinsec Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial													-7.12	-0.31	-3.52	-3.11	-3.51

Hunan Kylinsec Technology Co ROCE % Calculation

Hunan Kylinsec 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 )
	=	-46.416	/	( ( (1468.775 - 118.014)	+	(1431.849 - 123.426) )	/ 2 )
	=	-46.416	/	( (1350.761	+	1308.423)	/ 2 )
	=	-46.416	/	1329.592
	=	-3.49 %

Hunan Kylinsec 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 )
	=	-44.484	/	( ( (1366.998 - 95.707)	+	(1379.887 - 117.773) )	/ 2 )
	=	-44.484	/	( ( 1271.291	+	1262.114 )	/ 2 )
	=	-44.484	/	1266.7025
	=	-3.51 %

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

Hunan Kylinsec Technology Co (SHSE:688152) 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.

Hunan Kylinsec Technology Co ROCE % Related Terms

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Hunan Kylinsec Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hunan Kylinsec Technology Co Ltd (SHSE:688152) » Definitions » ROCE %

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Address

No. 20, Qiyun Road, 4th Floor, Building 1, Qilin Science and Technology Park, High-tech Development Zone, Hunan Province, Changsha, CHN, 410006

Website

http://www.kylinsec.com.cn

Hunan Kylinsec Technology Co Ltd is a basic software supplier focusing on operating systems, cloud computing, and big data security products. It is committed to promoting localized security applications and making users IT infrastructure more secure and efficient.

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