Wiscom System Co (SZSE:002090) ROCE % : 3.59% (As of Sep. 2024)

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What is Wiscom System 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. Wiscom System Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.59%.

Wiscom System Co ROCE % Historical Data

The historical data trend for Wiscom System 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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Wiscom System Co ROCE % Chart

Wiscom System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.38

6.89

12.87

1.51

4.17

Wiscom System 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															0.25	11.71	5.50	3.31	3.59

Wiscom System Co ROCE % Calculation

Wiscom System 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 )
	=	57.562	/	( ( (2608.702 - 1335.53)	+	(2920.945 - 1430.197) )	/ 2 )
	=	57.562	/	( (1273.172	+	1490.748)	/ 2 )
	=	57.562	/	1381.96
	=	4.17 %

Wiscom System 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 )
	=	54.476	/	( ( (2844.526 - 1335.487)	+	(2979.716 - 1455.399) )	/ 2 )
	=	54.476	/	( ( 1509.039	+	1524.317 )	/ 2 )
	=	54.476	/	1516.678
	=	3.59 %

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

Wiscom System Co (SZSE:002090) 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.

Wiscom System Co ROCE % Related Terms

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Wiscom System Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wiscom System Co Ltd (SZSE:002090) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 100 General Avenue, Nanjing Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211100

Website

http://en.wiscom.com.cn

Wiscom System Co Ltd is engaged in the information technology services business in China. The company operates its business in the power grid, communication, radio, and television industries.

Executives

Zhang Hao	Directors, executives
Li Jin	Securities Affairs Representative
Li Jian	Directors, executives
He An Ying	Directors, executives
Feng Wei Jiang	Directors, executives
Ye Liu Jin	Directors, executives
Zhu Hua Ming	Supervisors
Ding Xiao Yi	Director
Ye Feng	Executives
Jin Yong	Directors, executives
Chen Gang	Supervisors
Guo Wei	Directors, executives
Hua Mei Fang	Supervisors
Xu Bing	Director

Wiscom System Co Headlines

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