SOS (STU:2C3) ROCE % : -6.16% (As of Jun. 2023)

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What is SOS 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. SOS's annualized ROCE % for the quarter that ended in Jun. 2023 was -6.16%.

SOS ROCE % Historical Data

The historical data trend for SOS'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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SOS ROCE % Chart

SOS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-184.37

26.49

-5.37

-12.41

-42.70

SOS Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial												-12.70	-7.99	-7.03	-73.50	-6.16

SOS ROCE % Calculation

SOS's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-202.53	/	( ( (615.341 - 52.935)	+	(429.269 - 43.028) )	/ 2 )
	=	-202.53	/	( (562.406	+	386.241)	/ 2 )
	=	-202.53	/	474.3235
	=	-42.70 %

SOS's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-23	/	( ( (429.269 - 43.028)	+	(396.266 - 36.275) )	/ 2 )
	=	-23	/	( ( 386.241	+	359.991 )	/ 2 )
	=	-23	/	373.116
	=	-6.16 %

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

SOS (STU:2C3) 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.

SOS ROCE % Related Terms

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SOS (STU:2C3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SOS Ltd (STU:2C3) » Definitions » ROCE %

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Traded in Other Exchanges

SOS:USA

Address

298 Haijing Road, Yinzhu Street, Building 6, East Seaview Park, West Coast New District, Shandong Province, Qingdao, CHN, 266400

Website

https://www.sosyun.com

SOS Ltd is engaged in the provision of emergency rescue business providing emergency healthcare services, emergency roadside assistance, emergency living assistance, and other rescue services in China. The company's segment includes Insurance marketing; Commodity trading and others. It generates maximum revenue from the Commodity trading segment. Its services are sold to corporate clients and individual members. Its services include SOS medical rescue card, SOS auto rescue card, SOS financial rescue card, SOS life rescue card, SOS cloud call center, and SOS big data management cloud.

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