Wuhan Lincontrol Automotive Electronics Co (SHSE:688667) ROCE % : -0.63% (As of Sep. 2024)

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What is Wuhan Lincontrol Automotive Electronics 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. Wuhan Lincontrol Automotive Electronics Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.63%.

Wuhan Lincontrol Automotive Electronics Co ROCE % Historical Data

The historical data trend for Wuhan Lincontrol Automotive Electronics 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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Wuhan Lincontrol Automotive Electronics Co ROCE % Chart

Wuhan Lincontrol Automotive Electronics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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41.56

54.03

16.21

4.16

2.54

Wuhan Lincontrol Automotive Electronics 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															2.60	-0.42	-0.02	2.00	-0.63

Wuhan Lincontrol Automotive Electronics Co ROCE % Calculation

Wuhan Lincontrol Automotive Electronics 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 )
	=	40.506	/	( ( (1919.46 - 374.694)	+	(2093.893 - 453.625) )	/ 2 )
	=	40.506	/	( (1544.766	+	1640.268)	/ 2 )
	=	40.506	/	1592.517
	=	2.54 %

Wuhan Lincontrol Automotive Electronics 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 )
	=	-10.604	/	( ( (1982.194 - 325.396)	+	(2020.861 - 320.823) )	/ 2 )
	=	-10.604	/	( ( 1656.798	+	1700.038 )	/ 2 )
	=	-10.604	/	1678.418
	=	-0.63 %

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

Wuhan Lincontrol Automotive Electronics Co (SHSE:688667) 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.

Wuhan Lincontrol Automotive Electronics Co ROCE % Related Terms

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Wuhan Lincontrol Automotive Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhan Lincontrol Automotive Electronics Co Ltd (SHSE:688667) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 8 Qingshui Road, Jinyinhu Street, Dongxihu District, Hubei Provinc, Wuhan, CHN, 430048

Website

http://www.whldqc.com

Wuhan Lincontrol Automotive Electronics Co Ltd is engaged in the research and development, production and sales of automobile engine management system, motorcycle engine management system, pure electric vehicle power electronic control system, and hybrid power electronic control systems.

Executives

Wu Zhang Hua	Directors, senior managers
Lian Zhang Zhen	Core technical personnel
Zhou Liang Run	Core technical personnel
Tian Kui	Core technical personnel
Guo Zi Jiang	Core technical personnel
Yu Jun Fa	Directors, senior managers, core technical personn
Chen Wei	senior management

Wuhan Lincontrol Automotive Electronics Co Headlines

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