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Kyland Technology Co (SZSE:300353) ROCE % : 35.03% (As of Dec. 2024)


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What is Kyland 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. Kyland Technology Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 35.03%.


Kyland Technology Co ROCE % Historical Data

The historical data trend for Kyland 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.

* Premium members only.

Kyland Technology Co ROCE % Chart

Kyland Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.30 2.85 3.97 14.54 2.88

Kyland Technology Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.27 -14.15 -0.05 -8.51 35.03

Kyland Technology Co ROCE % Calculation

Kyland Technology Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=71.891/( ( (3727.687 - 1218.33) + (3890.373 - 1411.766) )/ 2 )
=71.891/( (2509.357+2478.607)/ 2 )
=71.891/2493.982
=2.88 %

Kyland Technology Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=840.492/( ( (3602.538 - 1282.823) + (3890.373 - 1411.766) )/ 2 )
=840.492/( ( 2319.715 + 2478.607 )/ 2 )
=840.492/2399.161
=35.03 %

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

* 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.


Kyland Technology Co  (SZSE:300353) 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.


Kyland Technology Co ROCE % Related Terms

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Kyland Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Chongzin Creative Building, Shixing East Road 18, Beijing, CHN
Kyland Technology Co Ltd Is a China based company focused on industrial Internet technology and industry. It is committed to the research of China's industrial Internet platform technology and uses industry Internet technology to innovate in various industries. Its main products are chips, industrial servers, traffic servers, industrial Internet operating systems / cloud platforms, precision clock products, industrial communication network products, Combat command system, tactical communication terminals and other products.
Executives
Li Ping Directors, executives
Cao Hong Xi Director
Xue Bai Hua Directors, executives
Tong Qiong Independent director
Liu Dong Director
Wan Chen Executives
Zhang Dong Executives
Li Ming Secretary Dong
Chen Fan Min Director

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