Ygsoft (SZSE:002063) ROCE % : 1.31% (As of Mar. 2024)

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What is Ygsoft 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. Ygsoft's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.31%.

Ygsoft ROCE % Historical Data

The historical data trend for Ygsoft'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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Ygsoft ROCE % Chart

Ygsoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.26

11.30

11.73

11.05

10.68

Ygsoft Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.29	9.51	8.23	23.78	1.31

Ygsoft ROCE % Calculation

Ygsoft'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 )
	=	373.622	/	( ( (3923.069 - 577.642)	+	(4258.11 - 603.832) )	/ 2 )
	=	373.622	/	( (3345.427	+	3654.278)	/ 2 )
	=	373.622	/	3499.8525
	=	10.68 %

Ygsoft's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	47.94	/	( ( (4258.11 - 603.832)	+	(4201.436 - 524.741) )	/ 2 )
	=	47.94	/	( ( 3654.278	+	3676.695 )	/ 2 )
	=	47.94	/	3665.4865
	=	1.31 %

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

Ygsoft (SZSE:002063) 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.

Ygsoft ROCE % Related Terms

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Ygsoft (SZSE:002063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ygsoft Inc (SZSE:002063) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Science and Technology Road, Gangwan Avenue, Technology Innovation Coastal Light Software Park, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.ygsoft.com

Ygsoft Inc supplies business management and social service information systems in China. It is focused on providing enterprise management software for the energy industry. The company offers a cloud platform, cloud services, big data service, blockchain services, group resource management, comprehensive risk management, asset lifecycle management and multi-project management.

Executives

Song Xiao Song	Executives
Wang Zhi Gang	Executives
Chen Li Hao	Director
Huang Xiao Hua	Directors, executives
Zhou Li	Directors, executives
Jian Lu Ran	Executives
Li Mei Ping	Executives
Qin Xiu Fen	Executives
Zheng Pei Min	Executives
Ma Kai Long	Executives
Xiang Wan Hong	Directors, executives
Dai Wen Bin	Secretary Dong
Wang Hui	Executives
Mao Hua Xia	Executives
Peng Jia Hui	Secretary, Director

Ygsoft (SZSE:002063) Headlines

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