GURUFOCUS.COM » STOCK LIST » Technology » Software » Youkeshu Technology Co Ltd (SZSE:300209) » Definitions » ROCE %

Youkeshu Technology Co (SZSE:300209) ROCE % : 0.00% (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Youkeshu Technology 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. Youkeshu Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.


Youkeshu Technology Co ROCE % Historical Data

The historical data trend for Youkeshu Technology 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.

Youkeshu Technology Co ROCE % Chart

Youkeshu Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 -19.25 -144.84 -118.05 -

Youkeshu Technology 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3,297.07 - - - -

Youkeshu Technology Co ROCE % Calculation

Youkeshu Technology 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 )
=-468.714/( ( (813.111 - 732.531) + (350.364 - 743.296) )/ 2 )
=-468.714/( (80.58+-392.932)/ 2 )
=-468.714/-156.176
=300.12 %

Youkeshu Technology 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 )
=-22.828/( ( (319.912 - 744.113) + (298.714 - 721.507) )/ 2 )
=-22.828/( ( -424.201 + -422.793 )/ 2 )
=-22.828/-423.497
=0 %

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

* 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.


Youkeshu Technology Co  (SZSE:300209) 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.


Youkeshu Technology Co ROCE % Related Terms

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


Youkeshu Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Xiangjiang North Road, Qingzhuhu Street, Room 105, 1st Floor, Building 5, No. 369, Section 1, Kaifu District, Hunan Province, Changsha, CHN, 410008
Youkeshu Technology Co Ltd formerly Tianze Information Industry Corp Inc is a China-based company engages in the provision of industrial internet IT services. The company is mainly engaged in high-end equipment manufacturing enterprises and their upstream and downstream manufacturers and related industries and related government departments such as modern agriculture, transportation and logistics, new energy and environmental protection. It also provides information management excellence solutions and related products with IoT technology at the core. Its products include intelligent vehicle terminal, mini intelligent vehicle terminal, intelligent single machine, embedded single machine. machine terminal, and multi-screen monitor screen.
Executives
Xiao Si Qing Director
Chen Jin Director
Liu Zhi Hui Director
Jin Wei Director

Youkeshu Technology Co Headlines

No Headlines