Shanghai DragonNet Technology Co (SZSE:300245) ROCE % : -1.02% (As of Sep. 2024)

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What is Shanghai DragonNet 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. Shanghai DragonNet Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.02%.

Shanghai DragonNet Technology Co ROCE % Historical Data

The historical data trend for Shanghai DragonNet 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.

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Shanghai DragonNet Technology Co ROCE % Chart

Shanghai DragonNet Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.15

1.59

2.65

-0.30

-6.07

Shanghai DragonNet 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															-5.41	-10.74	0.47	-4.35	-1.02

Shanghai DragonNet Technology Co ROCE % Calculation

Shanghai DragonNet 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 )
	=	-86.972	/	( ( (1732.538 - 263.332)	+	(1648.317 - 250.744) )	/ 2 )
	=	-86.972	/	( (1469.206	+	1397.573)	/ 2 )
	=	-86.972	/	1433.3895
	=	-6.07 %

Shanghai DragonNet 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 )
	=	-13.744	/	( ( (1541.225 - 197.593)	+	(1540.954 - 197.7) )	/ 2 )
	=	-13.744	/	( ( 1343.632	+	1343.254 )	/ 2 )
	=	-13.744	/	1343.443
	=	-1.02 %

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

Shanghai DragonNet Technology Co (SZSE:300245) 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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Shanghai DragonNet Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai DragonNet Technology Co Ltd (SZSE:300245) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tianlin Road, Building 6, No. 1016, Minhang District, Shanghai, CHN, 200233

Website

http://www.dnt.com.cn

Shanghai DragonNet Technology Co Ltd is a high-tech firm operating in the IT infrastructure services field. It is engaged in offering high-end IT service and total solutions. The company's core businesses are IT maintenance services, IT management outsourcing services, and IT professional services (consulting and deployment). Its products are PBData, PhegData, PriData and other hyper-converged products which are combined with solutions such as PCloud-DCOS. In addition, the company also offers SaaS communication interconnection solution for internet and big data, with big data as the core of technology.

Executives

Du Li Yun	Director
Su Yu Jun	Director
Lu Wen Xiong	Directors, executives
Lou Ye	Director
Jiang Bei Bei	Director
Ye Lei	Executives
Yang Kai	Director
Lu Ting Jie	Directors, executives
Yu Mei Yi	Securities Affairs Representative
Peng Yu Long	Supervisors
Chen Hong Ke	Directors, executives
Wu Xue Song	Director
Zhou Quan	Supervisors
Zhu Fan Yu	Independent director
Liu Jie Qiong	Supervisors

Shanghai DragonNet Technology Co Headlines

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