Beijing Jiaxun Feihong Electrical Co (SZSE:300213) ROCE % : -0.36% (As of Mar. 2024)

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What is Beijing Jiaxun Feihong Electrical 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. Beijing Jiaxun Feihong Electrical Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.36%.

Beijing Jiaxun Feihong Electrical Co ROCE % Historical Data

The historical data trend for Beijing Jiaxun Feihong Electrical 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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Beijing Jiaxun Feihong Electrical Co ROCE % Chart

Beijing Jiaxun Feihong Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.42

6.74

6.08

3.02

3.33

Beijing Jiaxun Feihong Electrical 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															0.24	6.43	1.63	5.06	-0.36

Beijing Jiaxun Feihong Electrical Co ROCE % Calculation

Beijing Jiaxun Feihong Electrical 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 )
	=	75.291	/	( ( (3038.144 - 772.495)	+	(3166.829 - 914.653) )	/ 2 )
	=	75.291	/	( (2265.649	+	2252.176)	/ 2 )
	=	75.291	/	2258.9125
	=	3.33 %

Beijing Jiaxun Feihong Electrical 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 )
	=	-8.112	/	( ( (3166.829 - 914.653)	+	(3025.635 - 788.986) )	/ 2 )
	=	-8.112	/	( ( 2252.176	+	2236.649 )	/ 2 )
	=	-8.112	/	2244.4125
	=	-0.36 %

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

Beijing Jiaxun Feihong Electrical Co (SZSE:300213) 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.

Beijing Jiaxun Feihong Electrical Co ROCE % Related Terms

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Beijing Jiaxun Feihong Electrical Co (SZSE:300213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beijing Jiaxun Feihong Electrical Co Ltd (SZSE:300213) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

:Building 1, No. 5 Dijin Avenue, Zhongguancun Environmental Protection Technology Demonstration Park, Beiqing Road, Haidian District, Beijing, CHN, 100095

Website

http://www.jiaxun.com

Beijing Jiaxun Feihong Electrical Co Ltd is a provider of dispatching and control system in China. Its products include dispatching communication and attendant system, emergency communication, video surveillance, disaster prevention and safety monitoring based on the internet of things. Its products are widely deployed domestically and internationally in series of industries such as railway, national defense, urban rail transit, petroleum, petrochemical, coal, metallurgy, electric power, finance, and so on.

Executives

Li Li	Directors, executives
Wang Ge	Executives
Zhu Ming	Executives
Gao Wan Cheng	Executives
Yu Yong	Executives
Zhang Hai Yan	Executives
Lin Jing	Executives, directors
Han Jiang Chun	Directors, executives
Wang Yi	Directors, Directors, and Executives
Zheng Gui Xiang	Directors, executives
Liu Wen Hong	Directors, executives
Wang Jing	Supervisors
Zhou Jun Min	Executives
Chu Jian Guo	Independent director
Lin Shu Yi	Director

Beijing Jiaxun Feihong Electrical Co (SZSE:300213) Headlines

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