Winning Health Technology Group Co (SZSE:300253) ROCE % : 7.05% (As of Sep. 2024)

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What is Winning Health Technology Group 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. Winning Health Technology Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.05%.

Winning Health Technology Group Co ROCE % Historical Data

The historical data trend for Winning Health Technology Group 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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Winning Health Technology Group Co ROCE % Chart

Winning Health Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.32

12.56

6.77

0.64

6.19

Winning Health Technology Group 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															8.73	17.22	0.84	2.09	7.05

Winning Health Technology Group Co ROCE % Calculation

Winning Health Technology Group 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 )
	=	404.799	/	( ( (7821.754 - 1582.413)	+	(8548.946 - 1707.768) )	/ 2 )
	=	404.799	/	( (6239.341	+	6841.178)	/ 2 )
	=	404.799	/	6540.2595
	=	6.19 %

Winning Health Technology Group 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 )
	=	494.776	/	( ( (8486.919 - 1536.865)	+	(8572.926 - 1480.289) )	/ 2 )
	=	494.776	/	( ( 6950.054	+	7092.637 )	/ 2 )
	=	494.776	/	7021.3455
	=	7.05 %

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

Winning Health Technology Group Co (SZSE:300253) 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.

Winning Health Technology Group Co ROCE % Related Terms

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Winning Health Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Winning Health Technology Group Co Ltd (SZSE:300253) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436

Website

http://www.winning.com.cn

Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.

Executives

Sun Jia Ming	Executives
Wang Li	Executives
Jin Mao	Directors, executives, directors
	Directors; Executives
Xu Zi Tong	Securities Affairs Representative
Zhou Wei	Director
Liu Ning	Director
Xu Chun Hua	Executives
Huang Ke Hua	Supervisors
Li Lin	Supervisors
Sun Kai	Directors, executives
Zhang Shi Ying	Supervisors

Winning Health Technology Group Co Headlines

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