Jiangsu Eazytec Co (SHSE:688258) ROCE % : 1.00% (As of Sep. 2024)

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What is Jiangsu Eazytec 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. Jiangsu Eazytec Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.00%.

Jiangsu Eazytec Co ROCE % Historical Data

The historical data trend for Jiangsu Eazytec 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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Jiangsu Eazytec Co ROCE % Chart

Jiangsu Eazytec Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.92

7.26

5.24

5.59

5.36

Jiangsu Eazytec 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															2.57	0.52	7.09	1.61	1.00

Jiangsu Eazytec Co ROCE % Calculation

Jiangsu Eazytec 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 )
	=	63.232	/	( ( (1199.814 - 192.219)	+	(1639.653 - 286.54) )	/ 2 )
	=	63.232	/	( (1007.595	+	1353.113)	/ 2 )
	=	63.232	/	1180.354
	=	5.36 %

Jiangsu Eazytec 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 )
	=	12.904	/	( ( (1661.107 - 366.842)	+	(1649.192 - 355.968) )	/ 2 )
	=	12.904	/	( ( 1294.265	+	1293.224 )	/ 2 )
	=	12.904	/	1293.7445
	=	1.00 %

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

Jiangsu Eazytec Co (SHSE:688258) 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.

Jiangsu Eazytec Co ROCE % Related Terms

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Jiangsu Eazytec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jiangsu Eazytec Co Ltd (SHSE:688258) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 298, Xingye Road, Xinjie Street, Jiangsu Province, Yixing, CHN, 214205

Website

https://www.eazytec.com

Jiangsu Eazytec Co Ltd is a cloud computing equipment manufacturer. The company's services include software technology development, technology transfer, technical consulting, technical services; computer system integration; data processing; computer maintenance; building intelligent engineering design and construction, among others.

Executives

Xie Qian	Director
Wang Ji	Director
Zhang Bin	Director
Wu Ping	Core technical personnel
Chen Dao Lin	Core technical personnel
Wan Jun Jie	Core technical personnel
Wang Juan	Director
Huang Ji Li	senior management

Jiangsu Eazytec Co Headlines

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