Aoshikang Technology Co (SZSE:002913) ROCE % : 5.38% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Aoshikang 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. Aoshikang Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.38%.

Aoshikang Technology Co ROCE % Historical Data

The historical data trend for Aoshikang 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.

Aoshikang Technology Co ROCE % Chart

Aoshikang Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.91

14.84

14.86

8.71

13.25

Aoshikang 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															15.23	7.95	10.82	10.78	5.38

Aoshikang Technology Co ROCE % Calculation

Aoshikang 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 )
	=	625.536	/	( ( (7702.58 - 3139.864)	+	(7356.086 - 2480.146) )	/ 2 )
	=	625.536	/	( (4562.716	+	4875.94)	/ 2 )
	=	625.536	/	4719.328
	=	13.25 %

Aoshikang 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 )
	=	271.504	/	( ( (7769.569 - 2773.058)	+	(8057.043 - 2951.569) )	/ 2 )
	=	271.504	/	( ( 4996.511	+	5105.474 )	/ 2 )
	=	271.504	/	5050.9925
	=	5.38 %

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

Aoshikang Technology Co (SZSE:002913) 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.

Aoshikang Technology Co ROCE % Related Terms

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

Aoshikang Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aoshikang Technology Co Ltd (SZSE:002913) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Changchun Economic Development Zone, Changyang Industrial Park, Hunan Province, Yiyang, CHN, 413000

Website

http://www.askpcb.com

Aoshikang Technology Co Ltd is engaged in the research and development, production and sales of laminates, printed circuit board, and multi-layer flexible board for automotive, telecommunications, computing and storage, industrial and instrumentation. The company's product is widely used in data storage, communication networking, automotive, industrial control, energy, and consumer. It offers products with worldwide coverage of Asia, Europe, America.

Executives

He Zi Xiu	Directors, Directors, and Executives
He Gao Qiang	Directors, executives
Xu Wen Jing	Directors, executives
Wen Jin Nong	Supervisors
Li Xu Chu	Executives
Zhou Guang Hua	Supervisors
Deng Hai Ying	Supervisors
Cheng Yong	Director
He Bo	Directors, executives
He Wen Hui	Executives

Aoshikang Technology Co Headlines

No Headlines