ShenZhen Consys Science & Technology Co (SHSE:688788) ROCE % : -10.36% (As of Sep. 2024)

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What is ShenZhen Consys Science & 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. ShenZhen Consys Science & Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -10.36%.

ShenZhen Consys Science & Technology Co ROCE % Historical Data

The historical data trend for ShenZhen Consys Science & 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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ShenZhen Consys Science & Technology Co ROCE % Chart

ShenZhen Consys Science & Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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44.53

11.07

6.47

-7.42

-8.74

ShenZhen Consys Science & 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															-10.32	-5.37	-9.58	-16.54	-10.36

ShenZhen Consys Science & Technology Co ROCE % Calculation

ShenZhen Consys Science & 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 )
	=	-225.386	/	( ( (2842.852 - 134.55)	+	(2572.19 - 121.656) )	/ 2 )
	=	-225.386	/	( (2708.302	+	2450.534)	/ 2 )
	=	-225.386	/	2579.418
	=	-8.74 %

ShenZhen Consys Science & 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 )
	=	-235.308	/	( ( (2441.701 - 142.001)	+	(2379.773 - 138.109) )	/ 2 )
	=	-235.308	/	( ( 2299.7	+	2241.664 )	/ 2 )
	=	-235.308	/	2270.682
	=	-10.36 %

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

ShenZhen Consys Science & Technology Co (SHSE:688788) 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 Consys Science & Technology Co ROCE % Related Terms

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ShenZhen Consys Science & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » ShenZhen Consys Science & Technology Co Ltd (SHSE:688788) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Langshan Road, Xili Street, 5th Floor, Avionics Engineering R&D Building, Gaoxin North District, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

http://www.consys.com.cn

ShenZhen Consys Science & Technology Co Ltd is engaged in research, development, manufacturing and sales of military electronic information equipment and related modules. The company provides modules, equipment to The systematic research and development capabilities of military electronic information equipment products serve various national defense and military customers.

Executives

Liang Hong Jian

Core technical personnel

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