Bluesword Intelligent Technology Co (SHSE:688557) ROCE % : 9.72% (As of Sep. 2024)

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What is Bluesword Intelligent 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. Bluesword Intelligent Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.72%.

Bluesword Intelligent Technology Co ROCE % Historical Data

The historical data trend for Bluesword Intelligent 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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Bluesword Intelligent Technology Co ROCE % Chart

Bluesword Intelligent Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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29.78

15.11

9.37

9.80

11.07

Bluesword Intelligent Technology 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															5.77	16.89	-5.64	18.22	9.72

Bluesword Intelligent Technology Co ROCE % Calculation

Bluesword Intelligent 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 )
	=	118.399	/	( ( (1518.707 - 499.968)	+	(1622.96 - 502.323) )	/ 2 )
	=	118.399	/	( (1018.739	+	1120.637)	/ 2 )
	=	118.399	/	1069.688
	=	11.07 %

Bluesword Intelligent 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 )
	=	110.968	/	( ( (1706.986 - 579.737)	+	(1790.673 - 633.792) )	/ 2 )
	=	110.968	/	( ( 1127.249	+	1156.881 )	/ 2 )
	=	110.968	/	1142.065
	=	9.72 %

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

Bluesword Intelligent Technology Co (SHSE:688557) 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.

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Bluesword Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bluesword Intelligent Technology Co Ltd (SHSE:688557) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Long'ao North Road, 19th Floor, Building 1, Hisense Long'ao No. 909, High-tech Zone, Shandong Province, Jinan, CHN, 250101

Website

http://www.blueswords.com

Bluesword Intelligent Technology Co Ltd is primarily involved in the research and development, design, production, sales and service of intelligent warehouse logistics automation systems. The product portfolio includes Bin Elevator, Automatic Box opening machine, Light stacker, Smart shuttle, Pallet conveyor line, and other related products.

Executives

Dong Xin Jun	senior management
Zhang Yi Gong	Director, core technical staff
Zhang Xiao Yi	Directors, senior managers, core technical personn
Shen Zhang Peng	Core technical personnel
Xu Guang Yun	Core technical personnel
Jiang Xia	Directors, senior managers, core technical personn
Liu Peng	Core technical personnel
Wu Yao Hua	Director, core technical staff

Bluesword Intelligent Technology Co Headlines

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