Shennan Circuits Co (SZSE:002916) ROCE % : 10.18% (As of Dec. 2024)

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What is Shennan Circuits 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. Shennan Circuits Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 10.18%.

Shennan Circuits Co ROCE % Historical Data

The historical data trend for Shennan Circuits 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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Shennan Circuits Co ROCE % Chart

Shennan Circuits Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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20.62

17.03

14.58

9.69

12.37

Shennan Circuits 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															13.36	10.34	16.55	12.92	10.18

Shennan Circuits Co ROCE % Calculation

Shennan Circuits 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 )
	=	2103.353	/	( ( (22606.868 - 6425.026)	+	(25302.248 - 7489.357) )	/ 2 )
	=	2103.353	/	( (16181.842	+	17812.891)	/ 2 )
	=	2103.353	/	16997.3665
	=	12.37 %

Shennan Circuits 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 )
	=	1782.996	/	( ( (24775.001 - 7557.26)	+	(25302.248 - 7489.357) )	/ 2 )
	=	1782.996	/	( ( 17217.741	+	17812.891 )	/ 2 )
	=	1782.996	/	17515.316
	=	10.18 %

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

Shennan Circuits Co (SZSE:002916) 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.

Shennan Circuits Co ROCE % Related Terms

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Shennan Circuits Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shennan Circuits Co Ltd (SZSE:002916) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN

Website

http://www.scc.com.cn

Shennan Circuits Co Ltd is engaged in Research and development, production and sales of printed circuit boards, packaging substrates and electronic assembly products.

Executives

Wang Cheng Yong	Executives
Zhang Li Jun	Directors, executives
Yang Zhi Cheng	Director
Zhang Li Hua	Executives
Gong Jian	Executives
Zhou Jin Qun	Directors, executives
Xie Yan Hong	Supervisors

Shennan Circuits Co Headlines

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