Shanghai SK Automation Technology Co (SHSE:688155) ROCE % : 6.02% (As of Dec. 2024)

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What is Shanghai SK Automation 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. Shanghai SK Automation Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 6.02%.

Shanghai SK Automation Technology Co ROCE % Historical Data

The historical data trend for Shanghai SK Automation 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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Shanghai SK Automation Technology Co ROCE % Chart

Shanghai SK Automation Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.63

6.99

-5.21

10.12

15.38

Shanghai SK Automation 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															10.30	19.39	19.19	13.82	6.02

Shanghai SK Automation Technology Co ROCE % Calculation

Shanghai SK Automation 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 )
	=	379.46	/	( ( (4585.525 - 2419.482)	+	(5191.806 - 2422.588) )	/ 2 )
	=	379.46	/	( (2166.043	+	2769.218)	/ 2 )
	=	379.46	/	2467.6305
	=	15.38 %

Shanghai SK Automation 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 )
	=	166.96	/	( ( (4992.185 - 2214.962)	+	(5191.806 - 2422.588) )	/ 2 )
	=	166.96	/	( ( 2777.223	+	2769.218 )	/ 2 )
	=	166.96	/	2773.2205
	=	6.02 %

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

Shanghai SK Automation Technology Co (SHSE:688155) 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.

Shanghai SK Automation Technology Co ROCE % Related Terms

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Shanghai SK Automation Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai SK Automation Technology Co Ltd (SHSE:688155) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 518, Guanghua Road, Songjiang District, Shanghai, CHN, 201614

Website

http://www.sk1.net.cn

Shanghai SK Automation Technology Co Ltd is engaged in manufacturing of intelligent equipment. The company produces automotive chassis system, test system, and other products for its customers which include SAIC Volkswagen, FAW-Volkswagen, BMW Brilliance, Beijing Benz, General Motors, Changan Ford, ZF Group, ThyssenKrupp Group, Bosch Group, Bentler Group, Magna Group, Denso , Nissan, and SAIC.

Executives

Zhang An Jun	Director
Chen Yi Jian	Director
Pan Yan Qing	Director
Wang Ying Lin	Director

Shanghai SK Automation Technology Co Headlines

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