DHC Software Co (SZSE:002065) ROCE % : 8.46% (As of Sep. 2024)

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What is DHC Software 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. DHC Software Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.46%.

DHC Software Co ROCE % Historical Data

The historical data trend for DHC Software 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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DHC Software Co ROCE % Chart

DHC Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.85

6.78

3.69

4.56

6.41

DHC Software 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															3.31	-3.00	0.86	8.42	8.46

DHC Software Co ROCE % Calculation

DHC Software 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 )
	=	763.838	/	( ( (22229.376 - 10587.099)	+	(23637.525 - 11450.383) )	/ 2 )
	=	763.838	/	( (11642.277	+	12187.142)	/ 2 )
	=	763.838	/	11914.7095
	=	6.41 %

DHC Software 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 )
	=	1037.02	/	( ( (23443.44 - 11231.125)	+	(24300.925 - 12009.374) )	/ 2 )
	=	1037.02	/	( ( 12212.315	+	12291.551 )	/ 2 )
	=	1037.02	/	12251.933
	=	8.46 %

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

DHC Software Co (SZSE:002065) 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.

DHC Software Co ROCE % Related Terms

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DHC Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DHC Software Co Ltd (SZSE:002065) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beijing Zijin Digital Park Building 3, Room 1501, Haidian District, Beijing, CHN, 100190

Website

http://www.dhcc.com.cn

DHC Software Co Ltd is a China-based software enterprise. It offers software and information technology services. The company is principally engaged in providing Application Development and Maintenance (ADM), Computer Information System Integration and other IT-related services in China.

Executives

Guo Hao Zhe	Executives
Xue Xiang Dong	Directors, executives
Hou Zhi Guo	Executives
Dong Guo Yong	Executives
Zheng Xiao Qing	Director
Ruan Jin	Executives
Yang Jian	Directors, Directors, and Executives
Guo Yu Jie	Supervisors
Lin Wen Ping	Executives
Yin Ji Nan	Executives
Liu Zhi Hua	Executives
Huang Xing Guo	Executives
Li Jian Guo	Directors, executives
Ye Li	Executives
Lv Bo	Directors, executives

DHC Software Co Headlines

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