Dongguan Eontec Co (SZSE:300328) ROCE % : -0.76% (As of Sep. 2024)

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What is Dongguan Eontec 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. Dongguan Eontec Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.76%.

Dongguan Eontec Co ROCE % Historical Data

The historical data trend for Dongguan Eontec 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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Dongguan Eontec Co ROCE % Chart

Dongguan Eontec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.84

1.71

-13.68

0.04

0.76

Dongguan Eontec 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															2.04	0.72	0.24	0.02	-0.76

Dongguan Eontec Co ROCE % Calculation

Dongguan Eontec 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 )
	=	12.368	/	( ( (2795.982 - 1141.981)	+	(2820.706 - 1235.737) )	/ 2 )
	=	12.368	/	( (1654.001	+	1584.969)	/ 2 )
	=	12.368	/	1619.485
	=	0.76 %

Dongguan Eontec 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 )
	=	-12.216	/	( ( (2691.021 - 1077.522)	+	(2633.679 - 1022.048) )	/ 2 )
	=	-12.216	/	( ( 1613.499	+	1611.631 )	/ 2 )
	=	-12.216	/	1612.565
	=	-0.76 %

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

Dongguan Eontec Co (SZSE:300328) 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.

Dongguan Eontec Co ROCE % Related Terms

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Dongguan Eontec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dongguan Eontec Co Ltd (SZSE:300328) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Yinquan Industrial Zone, Qingxi Town, Guangdong Province, Dongguan, CHN

Website

https://www.e-ande.com

Dongguan Eontec Co Ltd is engaged in the research and development, production and sale of light alloy materials. The product range comprises of amorphous alloy, CE parts, notebook parts, and structural auto parts. The company serves consumer electronics, medical equipment, communications equipment and automotive industries.

Executives

Tang Tie Zhuang	Directors, executives
Yang Jie Dan	Directors, executives
Li Wei Rong	Executives
Zhang Chun Lian	Directors, executives
Xiong Hui	Supervisors
Yan Yong Yi	Supervisors

Dongguan Eontec Co Headlines

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