SVG Tech Group Co (SZSE:300331) ROCE % : 2.58% (As of Sep. 2024)

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What is SVG Tech Group 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. SVG Tech Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.58%.

SVG Tech Group Co ROCE % Historical Data

The historical data trend for SVG Tech Group 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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SVG Tech Group Co ROCE % Chart

SVG Tech Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.96

4.59

-16.39

-13.93

-1.24

SVG Tech Group 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															0.63	-10.28	5.16	4.64	2.58

SVG Tech Group Co ROCE % Calculation

SVG Tech Group 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 )
	=	-24.865	/	( ( (3243.923 - 1215.175)	+	(3117.972 - 1131.573) )	/ 2 )
	=	-24.865	/	( (2028.748	+	1986.399)	/ 2 )
	=	-24.865	/	2007.5735
	=	-1.24 %

SVG Tech Group 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 )
	=	52.24	/	( ( (3268.871 - 1245.767)	+	(3182.174 - 1150.954) )	/ 2 )
	=	52.24	/	( ( 2023.104	+	2031.22 )	/ 2 )
	=	52.24	/	2027.162
	=	2.58 %

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

SVG Tech Group Co (SZSE:300331) 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.

SVG Tech Group Co ROCE % Related Terms

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SVG Tech Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SVG Tech Group Co Ltd (SZSE:300331) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.478, North Zhongnan Street, Suzhou Industrial Park, Suhong East Road, Suzhou, CHN, 215123

Website

http://www.svgoptronics.com

SVG Tech Group Co Ltd is engaged in developing functional micro-nano devices and optical films, including 3D imaging, microlens array and no-ink nano-printing, as well as the LED light guide & diffuse films.

Executives

Chen Lin Sen	Director
Guo Xi Ping	Executives
Yu Zhang Xing	Director
Jiang Jing Dong	Director
Zhu Zhi Jian	Directors, executives
Ni Jun Qiang	Supervisors
Wang Jian Qiang	Supervisors
Shen Yan	Executives
Shen Xin	Director

SVG Tech Group Co Headlines

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