Siasun Robot & Automation Co (SZSE:300024) ROCE % : -1.55% (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Siasun Robot & Automation 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. Siasun Robot & Automation Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.55%.

Siasun Robot & Automation Co ROCE % Historical Data

The historical data trend for Siasun Robot & Automation 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.

Siasun Robot & Automation Co ROCE % Chart

Siasun Robot & Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.22

-6.88

-10.45

1.54

2.50

Siasun Robot & Automation Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-2.61	-1.07	0.53	12.83	-1.55

Siasun Robot & Automation Co ROCE % Calculation

Siasun Robot & Automation 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 )
	=	145.196	/	( ( (12040.69 - 6273.821)	+	(11874.795 - 6046.471) )	/ 2 )
	=	145.196	/	( (5766.869	+	5828.324)	/ 2 )
	=	145.196	/	5797.5965
	=	2.50 %

Siasun Robot & Automation Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-89.82	/	( ( (11874.795 - 6046.471)	+	(11694.937 - 5932.791) )	/ 2 )
	=	-89.82	/	( ( 5828.324	+	5762.146 )	/ 2 )
	=	-89.82	/	5795.235
	=	-1.55 %

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

Siasun Robot & Automation Co (SZSE:300024) 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.

Siasun Robot & Automation Co ROCE % Related Terms

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

Siasun Robot & Automation Co (SZSE:300024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siasun Robot & Automation Co Ltd (SZSE:300024) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16 Jinhui street, Hunnan new district, Shenyang, CHN, 110168

Website

http://www.siasun.com

Siasun Robot & Automation Co Ltd operates as a robotics company in China. It offers industrial, mobile, and service robots; electronics assembly systems; intelligent logistic, chassis assembly and marriage AGV, and spot welding systems; AS/RS systems; automated charging and swapping systems; and automated vertical warehouse systems.

Executives

Qu Dao Kui	Director
Li Qing Jie	Executives
Lu Zu Xiang	Supervisors
Wang Hong Yu	Directors, executives
Zhao Li Guo	Directors, executives
Li Zheng Gang	Executives
Bian Gui Shi	Supervisors
Cao Ting	Director
Jin Qing Feng	Executives
Liang Bo	Director
Gu Qun	Supervisors
Shi Ze Lin	Supervisors
Wang Yu Shan	Supervisors
Cui Tong	Director

Siasun Robot & Automation Co (SZSE:300024) Headlines

No Headlines