SUIC (SUIC Worldwide Holdings) ROCE % : 26.98% (As of Jun. 2024)

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What is SUIC Worldwide 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. SUIC Worldwide Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 26.98%.

SUIC Worldwide Holdings ROCE % Historical Data

The historical data trend for SUIC Worldwide 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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SUIC Worldwide Holdings ROCE % Chart

SUIC Worldwide Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.22

12.07

SUIC Worldwide Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-	32.47	-61.78	24.90	26.98

SUIC Worldwide Holdings ROCE % Calculation

SUIC Worldwide Holdings'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 )
	=	0.028	/	( ( (0.573 - 0.345)	+	(0.384 - 0.148) )	/ 2 )
	=	0.028	/	( (0.228	+	0.236)	/ 2 )
	=	0.028	/	0.232
	=	12.07 %

SUIC Worldwide Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	0.068	/	( ( (0.413 - 0.167)	+	(0.408 - 0.15) )	/ 2 )
	=	0.068	/	( ( 0.246	+	0.258 )	/ 2 )
	=	0.068	/	0.252
	=	26.98 %

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

SUIC Worldwide Holdings (OTCPK:SUIC) 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.

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SUIC Worldwide Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SUIC Worldwide Holdings Ltd (OTCPK:SUIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354

Website

https://www.sinounitedco.com

SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. The company works in several new business ventures with a focus on the following fields; Fintech, Food Industry Supply Chain Integration, Global Chain & Franchise Expansion, and Other Supply Chain Integration.

Executives

Jianye Wang	10 percent owner	47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang	director, 10 percent owner, officer: VP, Global Energy Services	136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354