Chongqing Mas Sci and Tech Co (SZSE:300275) ROCE % : 6.90% (As of Sep. 2024)

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What is Chongqing Mas Sci and Tech 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. Chongqing Mas Sci and Tech Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.90%.

Chongqing Mas Sci and Tech Co ROCE % Historical Data

The historical data trend for Chongqing Mas Sci and Tech 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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Chongqing Mas Sci and Tech Co ROCE % Chart

Chongqing Mas Sci and Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.48

6.72

6.00

5.81

6.44

Chongqing Mas Sci and Tech 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															3.01	6.81	6.67	9.78	6.90

Chongqing Mas Sci and Tech Co ROCE % Calculation

Chongqing Mas Sci and Tech 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 )
	=	55.983	/	( ( (1212.897 - 420.528)	+	(1337.591 - 392.165) )	/ 2 )
	=	55.983	/	( (792.369	+	945.426)	/ 2 )
	=	55.983	/	868.8975
	=	6.44 %

Chongqing Mas Sci and Tech 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 )
	=	68.564	/	( ( (1317.215 - 328.971)	+	(1344.596 - 346.139) )	/ 2 )
	=	68.564	/	( ( 988.244	+	998.457 )	/ 2 )
	=	68.564	/	993.3505
	=	6.90 %

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

Chongqing Mas Sci and Tech Co (SZSE:300275) 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.

Chongqing Mas Sci and Tech Co ROCE % Related Terms

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Chongqing Mas Sci and Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Chongqing Mas Sci and Tech Co Ltd (SZSE:300275) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liuxian 3rd Road, 2nd floor, Building 4, Antongda Industrial Park, Bao'an District, Chongqing, CHN, 518101

Website

http://www.cqmas.com

Chongqing Mas Sci and Tech Co Ltd is engaged in providing data processing and application services in the field of large security and information technology service standard operation, and maintenance service capabilities.

Executives

Jin Xiao Han	Directors, executives
Hu Shi Qiang	Executives
Zhang Ya	Executives
Liu Hang	Directors, executives
Ye Li Sheng	Director
Deng Guo Qing	Independent director
Zheng Hai Jiang	Directors, executives
Zhou He Hua	Directors, executives
Ma Yan	Director
Deng Zhong Tian	Directors, executives
Liu Qiao Xi	Directors, executives
Xie Xing Zhi	Supervisors
Xiao Hu	Executives
Wu Guang Hong	Executives
Peng Zhi Jiang	Directors, executives

Chongqing Mas Sci and Tech Co Headlines

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