SunCorp Technologies (SunCorp Technologies) ROCE % : 57.65% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is SunCorp Technologies 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. SunCorp Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 57.65%.

SunCorp Technologies ROCE % Historical Data

The historical data trend for SunCorp Technologies'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.

* Premium members only.

SunCorp Technologies ROCE % Chart

SunCorp Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-13.03

-24.95

-22.19

-24.67

18.02

SunCorp Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-43.42	-39.68	-9.50	-21.58	57.65

SunCorp Technologies ROCE % Calculation

SunCorp Technologies'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 )
	=	5.168	/	( ( (36.244 - 10.046)	+	(33.807 - 2.657) )	/ 2 )
	=	5.168	/	( (26.198	+	31.15)	/ 2 )
	=	5.168	/	28.674
	=	18.02 %

SunCorp Technologies'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 )
	=	15.692	/	( ( (33.141 - 9.854)	+	(33.807 - 2.657) )	/ 2 )
	=	15.692	/	( ( 23.287	+	31.15 )	/ 2 )
	=	15.692	/	27.2185
	=	57.65 %

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

SunCorp Technologies (OTCPK:SUNTF) 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.

SunCorp Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of SunCorp Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SunCorp Technologies (SunCorp Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SunCorp Technologies Ltd (OTCPK:SUNTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

01063:Hong Kong

Address

99 Queen’s Road Central, Unit 2305, 23rd Floor, The Center, Hong Kong, HKG

Website

http://www.suncorptech.com.hk

SunCorp Technologies Ltd is engaged in sales and marketing of residential telephone and related products, computer-related components, securities brokerage, placing and underwriting, money lending, and B2B cross-border e-commerce. Its operating segments are; Sales of telephones and related components; Processing and trading of used computer-related components; Money lending services; Provision of securities brokerage, placing and underwriting services, and Sales of clothes and beauty products. Geographically it operates in PRC (including Hong Kong); India; Indonesia; USA; and Others, with the majority of the revenue deriving from the PRC (including Hong Kong).

SunCorp Technologies (SunCorp Technologies) Headlines

No Headlines