STEC (Santech Holdings) ROCE % : -270.18% (As of Dec. 2023)

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What is Santech Holdings 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. Santech Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -270.18%.

Santech Holdings ROCE % Historical Data

The historical data trend for Santech Holdings'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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Santech Holdings ROCE % Chart

Santech Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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21.49

32.40

46.60

36.93

19.28

Santech Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						23.11	51.62	17.21	19.50	-270.18

Santech Holdings ROCE % Calculation

Santech Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	32.816	/	( ( (266.372 - 116.473)	+	(331.428 - 140.921) )	/ 2 )
	=	32.816	/	( (149.899	+	190.507)	/ 2 )
	=	32.816	/	170.203
	=	19.28 %

Santech Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-304.122	/	( ( (331.428 - 140.921)	+	(145.971 - 111.35) )	/ 2 )
	=	-304.122	/	( ( 190.507	+	34.621 )	/ 2 )
	=	-304.122	/	112.564
	=	-270.18 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Santech Holdings (NAS:STEC) 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.

Santech Holdings ROCE % Related Terms

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Santech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santech Holdings Ltd (NAS:STEC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120

Website

https://ir.santechholdings.com/corporate

Santech Holdings Ltd is a customer based technology company. The company is engaged in exploring new opportunities in technology that includes new retail, social e-commerce, metaverse and others.