Bringspring Science and Technology Co (SZSE:300290) ROCE % : -1.21% (As of Sep. 2024)

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What is Bringspring Science and 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. Bringspring Science and Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.21%.

Bringspring Science and Technology Co ROCE % Historical Data

The historical data trend for Bringspring Science and 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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Bringspring Science and Technology Co ROCE % Chart

Bringspring Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.24

7.87

-25.69

-19.49

5.71

Bringspring Science and 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															7.20	10.97	-5.08	7.39	-1.21

Bringspring Science and Technology Co ROCE % Calculation

Bringspring Science and 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 )
	=	52.22	/	( ( (1527.245 - 620.612)	+	(1509.608 - 585.76) )	/ 2 )
	=	52.22	/	( (906.633	+	923.848)	/ 2 )
	=	52.22	/	915.2405
	=	5.71 %

Bringspring Science and 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 )
	=	-11.148	/	( ( (1413.748 - 492.644)	+	(1464.252 - 540.002) )	/ 2 )
	=	-11.148	/	( ( 921.104	+	924.25 )	/ 2 )
	=	-11.148	/	922.677
	=	-1.21 %

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

Bringspring Science and Technology Co (SZSE:300290) 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.

Bringspring Science and Technology Co ROCE % Related Terms

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Bringspring Science and Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bringspring Science and Technology Co Ltd (SZSE:300290) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7A 3, Kaifa Road, Shenyang Economic and Technological Development Zone, Liaoning Province, Shenyang, CHN, 110027

Website

https://www.bringspring.com

Bringspring Science and Technology Co Ltd is engaged in providing IT services for data centers and outsourcing centers.

Executives

Li Xiu	Executives
Liu Bin	Executives
Yin Chun Fu	Executives
Qin Yi	Executives
Cui Wan Tian	Director
Fu Yong Quan	Directors, executives
Zhu Liang	Executives
Ai Chuan	Supervisors
Zhang Yu	Secretary Dong
Guo Wei	Supervisors
Fu Yan Jie	Director
Cui Wan Tao	Director
Yu Li Xing	Supervisors
Yang Xing Li	Executives

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