Shenzhen Sea Star Technology Co (SZSE:002137) ROCE % : 1.43% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Shenzhen Sea Star 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. Shenzhen Sea Star Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.43%.

Shenzhen Sea Star Technology Co ROCE % Historical Data

The historical data trend for Shenzhen Sea Star 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.

* Premium members only.

Shenzhen Sea Star Technology Co ROCE % Chart

Shenzhen Sea Star Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.82

1.33

-6.60

10.60

-0.15

Shenzhen Sea Star 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															3.71	-12.00	5.03	5.12	1.43

Shenzhen Sea Star Technology Co ROCE % Calculation

Shenzhen Sea Star 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 )
	=	-2.344	/	( ( (1936.554 - 348.042)	+	(1891.693 - 297.566) )	/ 2 )
	=	-2.344	/	( (1588.512	+	1594.127)	/ 2 )
	=	-2.344	/	1591.3195
	=	-0.15 %

Shenzhen Sea Star 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 )
	=	23.256	/	( ( (1923.715 - 295.452)	+	(1918.729 - 285.404) )	/ 2 )
	=	23.256	/	( ( 1628.263	+	1633.325 )	/ 2 )
	=	23.256	/	1630.794
	=	1.43 %

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

Shenzhen Sea Star Technology Co (SZSE:002137) 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.

Shenzhen Sea Star Technology Co ROCE % Related Terms

Thank you for viewing the detailed overview of Shenzhen Sea Star Technology Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Sea Star Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Sea Star Technology Co Ltd (SZSE:002137) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Jinlong Road No. 10, Seastar Jinlong Factory, Longgang District, Baolong Community, Shenzhen, CHN

Website

http://www.sz-seastar.com

Shenzhen Sea Star Technology Co Ltd is a set of electronic equipment product research and development, production, sales, and service as one of the pioneers of national high and new technology enterprise. Its factory is located in Sea Star Science Park of Shenzhen Longgang Baolong Industrial City. It engages in bulk electronic equipment manufacturing to provide end-to-end design, manufacturing, and logistics solutions, and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, computing, and storage, medical, defense and aerospace, industrial and semiconductor, multimedia, automotive and clean technology sectors.

Executives

Chen Ya Mei	Director
Qiao Xin	Directors, executives
Liao Jian Zhong	Directors, executives
Chen Xiao Yan	Supervisors
Chen Shi Rong	Securities Affairs Representative
Zhu Lei	Directors, executives
Lv Chang Rong	Director
Song Dong Hong	Directors, executives
Ji Guo Yong	Supervisors
Wang Yan Hang	Supervisors

Shenzhen Sea Star Technology Co Headlines

No Headlines