SDIC Intelligence Xiamen Information Co (SZSE:300188) ROCE % : -4.53% (As of Mar. 2024)

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What is SDIC Intelligence Xiamen Information 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. SDIC Intelligence Xiamen Information Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.53%.

SDIC Intelligence Xiamen Information Co ROCE % Historical Data

The historical data trend for SDIC Intelligence Xiamen Information 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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SDIC Intelligence Xiamen Information Co ROCE % Chart

SDIC Intelligence Xiamen Information Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.70

12.94

9.90

4.19

-5.45

SDIC Intelligence Xiamen Information 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															-15.75	-9.93	-12.50	16.32	-4.53

SDIC Intelligence Xiamen Information Co ROCE % Calculation

SDIC Intelligence Xiamen Information 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 )
	=	-239.168	/	( ( (5901.043 - 1425.464)	+	(5679.496 - 1372.686) )	/ 2 )
	=	-239.168	/	( (4475.579	+	4306.81)	/ 2 )
	=	-239.168	/	4391.1945
	=	-5.45 %

SDIC Intelligence Xiamen Information 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 )
	=	-193.3	/	( ( (5679.496 - 1372.686)	+	(5437.406 - 1207.115) )	/ 2 )
	=	-193.3	/	( ( 4306.81	+	4230.291 )	/ 2 )
	=	-193.3	/	4268.5505
	=	-4.53 %

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

SDIC Intelligence Xiamen Information Co (SZSE:300188) 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.

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SDIC Intelligence Xiamen Information Co (SZSE:300188) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SDIC Intelligence Xiamen Information Co Ltd (SZSE:300188) » Definitions » ROCE %

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Address

Meiya Pico Building, No 12 Guanri Road, 2nd Phase of Xiamen Software Park, Fujian, Xiamen, CHN, 361008

Website

https://www.meiyapico.com

SDIC Intelligence Xiamen Information Co Ltd provides digital forensic and information security products and services. The company's major products include include electronic data forensics, cyberspace security, big data information products and Internet digital intellectual property protection services.

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