Beijing Watertek Information Technology Co (SZSE:300324) ROCE % : -7.95% (As of Jun. 2024)

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What is Beijing Watertek Information 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. Beijing Watertek Information Technology Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -7.95%.

Beijing Watertek Information Technology Co ROCE % Historical Data

The historical data trend for Beijing Watertek Information 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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Beijing Watertek Information Technology Co ROCE % Chart

Beijing Watertek Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.66

-24.23

-1.56

-13.23

-7.64

Beijing Watertek Information Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-4.46	-4.28	-19.09	-5.57	-7.95

Beijing Watertek Information Technology Co ROCE % Calculation

Beijing Watertek Information 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 )
	=	-289.375	/	( ( (6130.451 - 2202.845)	+	(5873.295 - 2229.591) )	/ 2 )
	=	-289.375	/	( (3927.606	+	3643.704)	/ 2 )
	=	-289.375	/	3785.655
	=	-7.64 %

Beijing Watertek Information Technology Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-280.58	/	( ( (5552.142 - 1982.026)	+	(5560 - 2075.172) )	/ 2 )
	=	-280.58	/	( ( 3570.116	+	3484.828 )	/ 2 )
	=	-280.58	/	3527.472
	=	-7.95 %

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

Beijing Watertek Information Technology Co (SZSE:300324) 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 Watertek Information Technology Co ROCE % Related Terms

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Beijing Watertek Information Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Beijing Watertek Information Technology Co Ltd (SZSE:300324) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengxiu Middle Street, Building No.12,Compound No.3, Haidian District, Beijing, CHN, 100094

Website

http://www.watertek.com

Beijing Watertek Information Technology Co Ltd is a China-based company engaged in the development, production, sale, and technical servicing of embedded systems primarily for defense, military, and civilian applications. The company offers embedded system testing, equipment integrated support, broadband area communication, electronic component testing, Beidou navigation system, self-controlled information products in key industries, and radio frequency hybrid-signal chip design. It is also involved in the other fields of taxation access control, smart city, and spatio-temporal big data.

Executives

Jiang Ping	Director
Xie Jun Wei	Executives
Cai Hou Fu	Directors, executives
Zhao Ting Rong	Executives
Huang Hai Tao	Directors, executives
Chen Wei Qun	Executives
Chen Jiang Tao	Director
Zhou Xiang	Executives
Zou Wei Ming	Supervisors
Liu Ming	Directors, executives
Li Ju Yong	Supervisors
Li Shao Bin	Independent director
Wang Dan	Securities Affairs Representative
Ruan Ya Zhan	Supervisors

Beijing Watertek Information Technology Co Headlines

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