Hanwei Electronics Group (SZSE:300007) ROCE % : 0.62% (As of Dec. 2024)

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What is Hanwei Electronics Group 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. Hanwei Electronics Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.62%.

Hanwei Electronics Group ROCE % Historical Data

The historical data trend for Hanwei Electronics Group'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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Hanwei Electronics Group ROCE % Chart

Hanwei Electronics Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.62

10.27

8.34

4.33

2.45

Hanwei Electronics Group 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															2.37	2.12	3.80	3.00	0.62

Hanwei Electronics Group ROCE % Calculation

Hanwei Electronics Group'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 )
	=	106.412	/	( ( (6194.357 - 1862.356)	+	(6080.236 - 1722.25) )	/ 2 )
	=	106.412	/	( (4332.001	+	4357.986)	/ 2 )
	=	106.412	/	4344.9935
	=	2.45 %

Hanwei Electronics Group'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 )
	=	27.78	/	( ( (6122.965 - 1561.69)	+	(6080.236 - 1722.25) )	/ 2 )
	=	27.78	/	( ( 4561.275	+	4357.986 )	/ 2 )
	=	27.78	/	4459.6305
	=	0.62 %

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

Hanwei Electronics Group (SZSE:300007) 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.

Hanwei Electronics Group ROCE % Related Terms

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Hanwei Electronics Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hanwei Electronics Group Corp (SZSE:300007) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001

Website

http://www.hwsensor.com

Hanwei Electronics Group Corp is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.

Executives

Shang Zhong Feng	Directors, executives
Li Zhi Gang	Directors, executives
Yang Chang Zai	Director
Zhou Zhen	Supervisors
Ren Hong Jun	Director
Liu Rui Ling	Directors, executives
Zhang Yan Li	Supervisors
Zhang Xiao Jun	Directors, executives
Li Hang	Securities Affairs Representative
Shang Jian Hong	Executives
Zhang Xiao Shui	Directors, executives
Xiao Feng	Directors, executives, securities affairs represen
Jiao Gui Dong	Directors, executives
Zhong Chao	Director
Jiang Hui Chang	Director

Hanwei Electronics Group Headlines

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