Nanjing Putian Telecommunications Co (SZSE:200468) ROCE % : -7.47% (As of Sep. 2024)

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What is Nanjing Putian Telecommunications 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. Nanjing Putian Telecommunications Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.47%.

Nanjing Putian Telecommunications Co ROCE % Historical Data

The historical data trend for Nanjing Putian Telecommunications 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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Nanjing Putian Telecommunications Co ROCE % Chart

Nanjing Putian Telecommunications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-31.64

24.59

-57.91

-9.88

4.52

Nanjing Putian Telecommunications 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															4.99	13.68	-4.45	5.88	-7.47

Nanjing Putian Telecommunications Co ROCE % Calculation

Nanjing Putian Telecommunications 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 )
	=	11.629	/	( ( (995.428 - 764.676)	+	(903.725 - 619.527) )	/ 2 )
	=	11.629	/	( (230.752	+	284.198)	/ 2 )
	=	11.629	/	257.475
	=	4.52 %

Nanjing Putian Telecommunications 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 )
	=	-19.616	/	( ( (892.984 - 627.824)	+	(962.302 - 702.106) )	/ 2 )
	=	-19.616	/	( ( 265.16	+	260.196 )	/ 2 )
	=	-19.616	/	262.678
	=	-7.47 %

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

Nanjing Putian Telecommunications Co (SZSE:200468) 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.

Nanjing Putian Telecommunications Co ROCE % Related Terms

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Nanjing Putian Telecommunications Co Business Description

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Address

No.8 Fenghui Avenue, Putian Technology Pioneer Park, Yuhuatai District, Jiangsu Province, Nanjing, CHN, 210039

Website

http://www.postel.com.cn

Nanjing Putian Telecommunications Co Ltd is engaged in telecommunication equipment manufacture industry and is mainly engaged in research and development, production, and sale of data, wire and wireless telecommunication equipment, distribution and allocation of layout of telecommunication product, multimedia computer, digital television, vehicle electronics and conference video system. The main services rendered by the company include installation and maintenance equipment, communication information network and computer information system projects design, and systems integration and related consultancy service.

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