SUPCON Technology Co (SHSE:688777) ROCE % : 8.26% (As of Sep. 2024)

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What is SUPCON 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. SUPCON Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.26%.

SUPCON Technology Co ROCE % Historical Data

The historical data trend for SUPCON 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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SUPCON Technology Co ROCE % Chart

SUPCON Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.03

15.64

14.56

17.85

15.37

SUPCON 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															8.48	17.28	6.09	16.37	8.26

SUPCON Technology Co ROCE % Calculation

SUPCON 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 )
	=	1208.556	/	( ( (13062.623 - 7663.815)	+	(17879.654 - 7547.356) )	/ 2 )
	=	1208.556	/	( (5398.808	+	10332.298)	/ 2 )
	=	1208.556	/	7865.553
	=	15.37 %

SUPCON 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 )
	=	832.48	/	( ( (17412.173 - 7444.198)	+	(17333.973 - 7148.574) )	/ 2 )
	=	832.48	/	( ( 9967.975	+	10185.399 )	/ 2 )
	=	832.48	/	10076.687
	=	8.26 %

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

SUPCON Technology Co (SHSE:688777) 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.

SUPCON Technology Co ROCE % Related Terms

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SUPCON Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SUPCON Technology Co Ltd (SHSE:688777) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 309, Liuhe Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310053

Website

http://www.supcontech.com

SUPCON Technology Co Ltd provides technologies and products with automation control systems as the core, covering industrial software, automation instruments and operation and maintenance services.

Executives

Chen Yu	Core technical personnel
Lai Jing Yu	senior management
Shen Hui	senior management
Qiu Kun	Senior management, core technical personnel
	senior management
Ding Xiao Bo	senior management
Mo Wei	senior management
Yao Jie	Core technical personnel
Yu Hai Bin	senior management
Zhang Lei	senior management
Lu Wei Jun	Core technical personnel
Guo Biao	senior management
Liang Qiao Chu	Supervisors
Fang Yong Sheng	senior management
Jin Jian Xiang	Director

SUPCON Technology Co Headlines

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