LianChuang Electronic Technology Co (SZSE:002036) ROCE % : 3.93% (As of Sep. 2024)

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What is LianChuang Electronic Technology 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. LianChuang Electronic Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.93%.

LianChuang Electronic Technology Co ROCE % Historical Data

The historical data trend for LianChuang Electronic Technology 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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LianChuang Electronic Technology Co ROCE % Chart

LianChuang Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.19

4.76

3.69

4.63

-10.85

LianChuang Electronic Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-0.32	-34.52	-0.94	3.22	3.93

LianChuang Electronic Technology Co ROCE % Calculation

LianChuang Electronic Technology Co'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 )
	=	-813.58	/	( ( (15026.065 - 7328.181)	+	(15278.099 - 7979.009) )	/ 2 )
	=	-813.58	/	( (7697.884	+	7299.09)	/ 2 )
	=	-813.58	/	7498.487
	=	-10.85 %

LianChuang Electronic Technology Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	299.188	/	( ( (16357.669 - 8799.526)	+	(16413.938 - 8745.198) )	/ 2 )
	=	299.188	/	( ( 7558.143	+	7668.74 )	/ 2 )
	=	299.188	/	7613.4415
	=	3.93 %

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

LianChuang Electronic Technology Co (SZSE:002036) 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.

LianChuang Electronic Technology Co ROCE % Related Terms

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LianChuang Electronic Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LianChuang Electronic Technology Co Ltd (SZSE:002036) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1699 Jingdong Avenue, Nanchang High-tech Industrial Development Zone, Jiangxi, Nanchang, CHN, 330096

Website

http://www.yakgroup.com

LianChuang Electronic Technology Co Ltd is engaged in the research, development, production, and sales of electronic products such as optoelectronic components, semiconductor devices, optical components, camera modules, touch screens and liquid crystal display modules and others.

Executives

Rao Wei	Directors, executives
Lu Guo Qing	Secretary Dong
Lu Fan Rong	Directors, executives
Luo Shun Gen	Directors, executives
Ceng Ji Yong	Directors, executives
Han Sheng Long	Directors, executives
Liu Dan	Supervisors
Wang Zong Zhen	Executives
Zhang Guo Jun	Directors, executives
Wang Meng Wei	Supervisors
Chen Ju Fang	Supervisors
Zhuang Li Ping	Supervisors
Ma Jing Yue	Executives
Zhang Ling Hua	Executives
Shi Dong Ming	Director

LianChuang Electronic Technology Co Headlines

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