Shenzhen Das Intellitech Co (SZSE:002421) ROCE % : 4.64% (As of Sep. 2024)

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What is Shenzhen Das Intellitech 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 Das Intellitech Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.64%.

Shenzhen Das Intellitech Co ROCE % Historical Data

The historical data trend for Shenzhen Das Intellitech 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 Das Intellitech Co ROCE % Chart

Shenzhen Das Intellitech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-6.48

9.45

-9.02

6.34

3.64

Shenzhen Das Intellitech 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															3.88	1.18	2.31	2.29	4.64

Shenzhen Das Intellitech Co ROCE % Calculation

Shenzhen Das Intellitech 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 )
	=	208.969	/	( ( (9161.12 - 3881.871)	+	(9665.783 - 3466.432) )	/ 2 )
	=	208.969	/	( (5279.249	+	6199.351)	/ 2 )
	=	208.969	/	5739.3
	=	3.64 %

Shenzhen Das Intellitech 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 )
	=	292.1	/	( ( (9522.581 - 3218.575)	+	(9537.344 - 3253.054) )	/ 2 )
	=	292.1	/	( ( 6304.006	+	6284.29 )	/ 2 )
	=	292.1	/	6294.148
	=	4.64 %

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

Shenzhen Das Intellitech Co (SZSE:002421) 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 Das Intellitech Co ROCE % Related Terms

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Shenzhen Das Intellitech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Das Intellitech Co Ltd (SZSE:002421) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenzhen Hi-Tech, Industrial Park, W1-A Building 5th Floor, Nanshan District, Shenzhen, CHN, 518057

Website

http://www.chn-das.com

Shenzhen Das Intellitech Co Ltd is a China-based company. It is principally engaged in the provision of information technology services. The company is focused on the three major segments of smart healthcare, smart buildings and smart transportation to provide construction and operation services. Its products include System product; Software product; and End product.

Executives

Liu Bang	Directors, executives
Huang De Qiang	Executives
Lin Yu Bin	Director
Huang Tian Lang	Directors, executives
Su Jun Feng	Directors, executives
Cheng Peng Sheng	Directors, executives
Lv Feng	Directors, executives
Wang Xiao Dong	Independent director
Li Ji Chao	Supervisors
Jia Hong	Director
Shen Hong Ming	Supervisors
Zhang Hong Ping	Securities Affairs Representative
Lu Qi Hui	Executives
Zhong Yu Tong	Supervisors
Lin Mu Qing	Supervisors

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