Shenzhen Topband Co (SZSE:002139) ROCE % : 9.94% (As of Dec. 2024)

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What is Shenzhen Topband 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 Topband Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.94%.

Shenzhen Topband Co ROCE % Historical Data

The historical data trend for Shenzhen Topband 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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Shenzhen Topband Co ROCE % Chart

Shenzhen Topband Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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18.56

13.66

10.93

8.38

11.78

Shenzhen Topband Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															8.35	11.64	14.01	11.00	9.94

Shenzhen Topband Co ROCE % Calculation

Shenzhen Topband Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	822.012	/	( ( (11184.119 - 4226.467)	+	(12848.866 - 5855.09) )	/ 2 )
	=	822.012	/	( (6957.652	+	6993.776)	/ 2 )
	=	822.012	/	6975.714
	=	11.78 %

Shenzhen Topband Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	695.12	/	( ( (12265.861 - 5274.25)	+	(12848.866 - 5855.09) )	/ 2 )
	=	695.12	/	( ( 6991.611	+	6993.776 )	/ 2 )
	=	695.12	/	6992.6935
	=	9.94 %

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

Shenzhen Topband Co (SZSE:002139) 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 Topband Co ROCE % Related Terms

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Shenzhen Topband Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Topband Co Ltd (SZSE:002139) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Keji Second Road, Topband Industrial Park, Tangtou Avenue, Shiyan Subdistrict, Baoan District, Guangdong, Shenzhen, CHN, 518108

Website

http://www.topband.com.cn

Shenzhen Topband Co Ltd is engaged in the manufacturing of intelligent controller solutions, high-efficient motors, and lithium batteries for the household appliance, power tools industry, and technology-related markets.

Executives

Xiang Wei	Executives
Wen Chao Hui	Directors, executives
Ji Shu Hai	Director
Peng Gan Quan	Directors, executives
Wu Yong Qiang	Directors, executives
Chen De Jian	Securities Affairs Representative
Chen Jin Zhou	Supervisors
Yao Xiao Cong	Independent director
Zheng Si Bin	Directors, executives
Ma Wei	Directors, executives
Dai Hui Juan	Supervisors
Zhou Biao	Supervisors
Li Rang	Directors, executives
Dai Xin	Director
Wan Fei	Supervisors

Shenzhen Topband Co Headlines

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