Suntak Technology Co (SZSE:002815) ROCE % : 2.92% (As of Sep. 2024)

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What is Suntak 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. Suntak Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.92%.

Suntak Technology Co ROCE % Historical Data

The historical data trend for Suntak 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.

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Suntak Technology Co ROCE % Chart

Suntak Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.43

10.57

12.71

12.52

6.64

Suntak 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															5.42	2.14	6.51	6.76	2.92

Suntak Technology Co ROCE % Calculation

Suntak 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 )
	=	549.793	/	( ( (9490.566 - 2418.818)	+	(11927.781 - 2451.937) )	/ 2 )
	=	549.793	/	( (7071.748	+	9475.844)	/ 2 )
	=	549.793	/	8273.796
	=	6.64 %

Suntak 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 )
	=	279.18	/	( ( (12086.505 - 2543.201)	+	(12296.152 - 2741.181) )	/ 2 )
	=	279.18	/	( ( 9543.304	+	9554.971 )	/ 2 )
	=	279.18	/	9549.1375
	=	2.92 %

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

Suntak Technology Co (SZSE:002815) 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.

Suntak Technology Co ROCE % Related Terms

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Suntak Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suntak Technology Co Ltd (SZSE:002815) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 3009 Guangming Street, China Merchants Bureau, Unit 207, Building A, Building A3, Guangming Science and Technology Park, Guangming New District, Guangdong Province, Shenzhen, CHN, 518132

Website

http://www.suntakpcb.com

Suntak Technology Co Ltd is a printed circuit board service company. The company offers various products and services such as 4-layer rigid-flexible board, golden fingerboard, copper paste filling board, double-sided flex board, 32 layers multiplayer board, large panel lamination, multilayer rigid, 4 steps HDI board and others. These products are used in communication, industrial control, power electronics, medical instrument, security electronics, aerospace and other industries. Geographically the group operates through China.

Executives

Peng Wei Hong	Directors, executives
Jiang Shu Guang	Executives
Yu Zhong	Directors, Directors, and Executives
Zhao Jin Qiu	Executives
Cao Qian Qian	Securities Affairs Representative
Jiang Xue Fei	Directors, executives
Wang Jian Feng	Supervisors

Suntak Technology Co Headlines

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