Uroica Precision Information Engineering Co (SZSE:300099) ROCE % : 3.69% (As of Sep. 2024)

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What is Uroica Precision Information Engineering 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. Uroica Precision Information Engineering Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.69%.

Uroica Precision Information Engineering Co ROCE % Historical Data

The historical data trend for Uroica Precision Information Engineering 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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Uroica Precision Information Engineering Co ROCE % Chart

Uroica Precision Information Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.85

6.92

10.90

5.16

5.71

Uroica Precision Information Engineering 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															4.56	10.38	1.27	4.84	3.69

Uroica Precision Information Engineering Co ROCE % Calculation

Uroica Precision Information Engineering 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 )
	=	136.483	/	( ( (2818.908 - 394.048)	+	(2638.662 - 286.608) )	/ 2 )
	=	136.483	/	( (2424.86	+	2352.054)	/ 2 )
	=	136.483	/	2388.457
	=	5.71 %

Uroica Precision Information Engineering 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 )
	=	87.496	/	( ( (2673.479 - 293.185)	+	(2656.275 - 288.505) )	/ 2 )
	=	87.496	/	( ( 2380.294	+	2367.77 )	/ 2 )
	=	87.496	/	2374.032
	=	3.69 %

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

Uroica Precision Information Engineering Co (SZSE:300099) 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.

Uroica Precision Information Engineering Co ROCE % Related Terms

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Uroica Precision Information Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Uroica Precision Information Engineering Co Ltd (SZSE:300099) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

FengXiang Road, North Hi Tech, Development Zone, Taian, CHN, 271000

Website

http://www.uroica.com.cn

Uroica Precision Information Engineering Co Ltd is a China-based company. It is principally engaged in military, coal mine safety and communication businesses. The company's products include Ceremony Roof Monitor Series; Mechatronic products; Polymer grouting material series; and Geophysical drilling.

Executives

Cao Hong Wei	Directors, executives
Tian Bin	Executives
Zhao Zhi Gang	Directors, executives
Wang Jing Hua	Director
Cui Bao Hang	Executives
Chen Huan Chao	Securities Affairs Representative
Li Bin	Executives
Li Bo	Executives
Yao Ming Yuan	Executives
Lu Fei	Executives
Huang Zi Wei	Director
Li Xin An	Director
Sun Zhao Hua	Supervisors
Yan Xiang Hong	Director
Zhang Na	Executives

Uroica Precision Information Engineering Co Headlines

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