Guizhou Space Appliance Co (SZSE:002025) ROCE % : -4.47% (As of Dec. 2024)

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What is Guizhou Space Appliance 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. Guizhou Space Appliance Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -4.47%.

Guizhou Space Appliance Co ROCE % Historical Data

The historical data trend for Guizhou Space Appliance 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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Guizhou Space Appliance Co ROCE % Chart

Guizhou Space Appliance Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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14.07

11.74

10.74

12.89

5.34

Guizhou Space Appliance Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															10.35	14.65	9.94	1.41	-4.47

Guizhou Space Appliance Co ROCE % Calculation

Guizhou Space Appliance Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	426.085	/	( ( (11147.663 - 3392.917)	+	(11945.827 - 3752.712) )	/ 2 )
	=	426.085	/	( (7754.746	+	8193.115)	/ 2 )
	=	426.085	/	7973.9305
	=	5.34 %

Guizhou Space Appliance Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-365.356	/	( ( (11796.998 - 3635.833)	+	(11945.827 - 3752.712) )	/ 2 )
	=	-365.356	/	( ( 8161.165	+	8193.115 )	/ 2 )
	=	-365.356	/	8177.14
	=	-4.47 %

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

Guizhou Space Appliance Co (SZSE:002025) 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.

Guizhou Space Appliance Co ROCE % Related Terms

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Guizhou Space Appliance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guizhou Space Appliance Co Ltd (SZSE:002025) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

361 mailbox 4 boxes, Guiyang, CHN, 550009

Website

http://www.gzhtdq.com.cn

Guizhou Space Appliance Co Ltd is engaged in research and development in the fields of high-end connectors, relays, micro-motors, optoelectronics, cable assemblies, secondary power supplies, control components and telemetry systems. It offers Electrical connector, Fiber linker, Cable, Switch, Medical sample and Locomotive sample. These products are widely used in aviation, aerospace, marine, weapons, nuclear, electronics, communications, medical, rail transit, energy equipment, network equipment, household appliances, and new energy vehicles. Geographically, the group operates through China.

Executives

Shi Yun Ai	Executives
Wang Yue Xuan	Executives
Zhang Wang	Executives
Chen Guang Ping	Director
Li Ling Zhi	Executives
Sun Zhi Yun	Executives
Wang Li Wen	Executives
Chen Huai Gu	Director
Zheng Jian Mo	Supervisors
Yuan Wei Liang	Director
Feng Chang Ting	Director

Guizhou Space Appliance Co Headlines

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