Shenzhen S-king Intelligent Equipment Co (SHSE:688328) ROCE % : -3.20% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shenzhen S-king Intelligent Equipment 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. Shenzhen S-king Intelligent Equipment Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.20%.

Shenzhen S-king Intelligent Equipment Co ROCE % Historical Data

The historical data trend for Shenzhen S-king Intelligent Equipment 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.

Shenzhen S-king Intelligent Equipment Co ROCE % Chart

Shenzhen S-king Intelligent Equipment Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.21

20.14

11.99

-3.01

-9.49

Shenzhen S-king Intelligent Equipment 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															-13.05	-18.45	-10.35	0.72	-3.20

Shenzhen S-king Intelligent Equipment Co ROCE % Calculation

Shenzhen S-king Intelligent Equipment 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 )
	=	-105.648	/	( ( (1807.447 - 651.471)	+	(1655.466 - 583.838) )	/ 2 )
	=	-105.648	/	( (1155.976	+	1071.628)	/ 2 )
	=	-105.648	/	1113.802
	=	-9.49 %

Shenzhen S-king Intelligent Equipment 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 )
	=	-33.068	/	( ( (1651.163 - 614.235)	+	(1647.856 - 616.522) )	/ 2 )
	=	-33.068	/	( ( 1036.928	+	1031.334 )	/ 2 )
	=	-33.068	/	1034.131
	=	-3.20 %

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

Shenzhen S-king Intelligent Equipment Co (SHSE:688328) 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.

Shenzhen S-king Intelligent Equipment Co ROCE % Related Terms

Thank you for viewing the detailed overview of Shenzhen S-king Intelligent Equipment Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen S-king Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen S-king Intelligent Equipment Co Ltd (SHSE:688328) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Zhengcheng 2nd Road, Fuyong Street, Baoan District, Shanghai, Shenzhen, CHN, 518103

Website

http://www.szskd.com

Shenzhen S-king Intelligent Equipment Co Ltd, formerly Shenzhen Shenkeda Intelligent Equipment Co Ltd is engaged in the research and development, production, sales, and service of automatic bonding series, semi-automatic bonding series, AOI/detection series, fingerprint module series, COG/FOG series, non-standard series, and semiconductor series bonding equipment.

Executives

Qin Chao	Senior management, core technical personnel
Yang Jie	Core technical personnel

Shenzhen S-king Intelligent Equipment Co Headlines

No Headlines