Integrated Electronics Systems Lab Co (SZSE:002339) ROCE % : 0.56% (As of Sep. 2024)

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What is Integrated Electronics Systems Lab 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. Integrated Electronics Systems Lab Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.56%.

Integrated Electronics Systems Lab Co ROCE % Historical Data

The historical data trend for Integrated Electronics Systems Lab 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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Integrated Electronics Systems Lab Co ROCE % Chart

Integrated Electronics Systems Lab Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.36

4.74

-0.24

1.43

4.34

Integrated Electronics Systems Lab 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															1.04	24.19	-12.61	2.91	0.56

Integrated Electronics Systems Lab Co ROCE % Calculation

Integrated Electronics Systems Lab 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 )
	=	102.059	/	( ( (3872.094 - 1567.188)	+	(4217.996 - 1825.044) )	/ 2 )
	=	102.059	/	( (2304.906	+	2392.952)	/ 2 )
	=	102.059	/	2348.929
	=	4.34 %

Integrated Electronics Systems Lab 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 )
	=	14.072	/	( ( (3975.033 - 1410.302)	+	(4025.676 - 1552.19) )	/ 2 )
	=	14.072	/	( ( 2564.731	+	2473.486 )	/ 2 )
	=	14.072	/	2519.1085
	=	0.56 %

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

Integrated Electronics Systems Lab Co (SZSE:002339) 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.

Integrated Electronics Systems Lab Co ROCE % Related Terms

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Integrated Electronics Systems Lab Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Integrated Electronics Systems Lab Co Ltd (SZSE:002339) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.188, East End of Huayuan Road, jinan, CHN, 250100

Website

http://www.ieslab.com.cn

Integrated Electronics Systems Lab Co Ltd is engaged in providing technical lead industry automation and information technology solutions. The products of the company include smart grid, smart gas, wisdom water, intelligent energy, information security, and rail transportation.

Executives

Yan Zhong Hua	Directors, executives
Wang Liang	Director
Cui Ren Tao	Supervisors
Yao Bin	Directors, Directors, and Executives
Geng Sheng Min	Director
Feng Dong	Directors, executives
Wang Hao	Supervisors
Zhang Zhi Wei	Director
Li Wen Feng	Executives
Kou Xiao Ming	Executives
Sun He You	Directors, executives
Yang Zhi Qiang	Director

Integrated Electronics Systems Lab Co Headlines

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