Sino Wealth Electronic (SZSE:300327) ROCE % : 0.46% (As of Sep. 2024)

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What is Sino Wealth Electronic 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. Sino Wealth Electronic's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.46%.

Sino Wealth Electronic ROCE % Historical Data

The historical data trend for Sino Wealth Electronic'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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Sino Wealth Electronic ROCE % Chart

Sino Wealth Electronic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.54

20.90

32.72

21.84

8.16

Sino Wealth Electronic 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															-1.95	16.49	7.16	4.80	0.46

Sino Wealth Electronic ROCE % Calculation

Sino Wealth Electronic'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 )
	=	134.426	/	( ( (1977.67 - 460.476)	+	(2183.027 - 403.734) )	/ 2 )
	=	134.426	/	( (1517.194	+	1779.293)	/ 2 )
	=	134.426	/	1648.2435
	=	8.16 %

Sino Wealth Electronic'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 )
	=	8.124	/	( ( (2123.805 - 355.22)	+	(2198.972 - 425.604) )	/ 2 )
	=	8.124	/	( ( 1768.585	+	1773.368 )	/ 2 )
	=	8.124	/	1770.9765
	=	0.46 %

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

Sino Wealth Electronic (SZSE:300327) 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.

Sino Wealth Electronic ROCE % Related Terms

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Sino Wealth Electronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sino Wealth Electronic Ltd (SZSE:300327) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Lane 767, Jinzhong Road, Changning District, Shanghai, CHN, 200335

Website

http://www.sinowealth.com

Sino Wealth Electronic Ltd operates in the semiconductor industry. The company is specialized in design and sales of an integrated circuit. The product offering includes 4-bit OTP/MASK MCU, 8-bit OTP/MASK MCU, 8-bit FLASH MCU, PH MCU and others. The products are mainly applied to household appliances, automotive electronics peripherals, sports equipment, health and medical care, instrumentation, security, power control, digital electrical generator, network music, and wireless communication equipment.

Executives

Zhu Bing Jun	Directors, executives
Fu Qi Ming	Director
Ceng Xiao Yang	Independent director
Pan Yi De	Directors, executives
Hu Hui	Supervisors

Sino Wealth Electronic Headlines

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