Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) ROCE % : -1.22% (As of Sep. 2024)

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What is Jiangsu Wuyang Automation Control 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. Jiangsu Wuyang Automation Control Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -1.22%.

Jiangsu Wuyang Automation Control Technology Co ROCE % Historical Data

The historical data trend for Jiangsu Wuyang Automation Control 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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Jiangsu Wuyang Automation Control Technology Co ROCE % Chart

Jiangsu Wuyang Automation Control Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.80

7.82

-6.03

2.40

1.50

Jiangsu Wuyang Automation Control Technology 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															0.61	0.50	1.15	-2.49	-1.22

Jiangsu Wuyang Automation Control Technology Co ROCE % Calculation

Jiangsu Wuyang Automation Control 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 )
	=	39.895	/	( ( (3565.059 - 919.76)	+	(3535.722 - 870.762) )	/ 2 )
	=	39.895	/	( (2645.299	+	2664.96)	/ 2 )
	=	39.895	/	2655.1295
	=	1.50 %

Jiangsu Wuyang Automation Control Technology 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 )
	=	-31.656	/	( ( (3340.846 - 728.767)	+	(3304.717 - 708.106) )	/ 2 )
	=	-31.656	/	( ( 2612.079	+	2596.611 )	/ 2 )
	=	-31.656	/	2604.345
	=	-1.22 %

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

Jiangsu Wuyang Automation Control Technology Co (SZSE:300420) 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.

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Jiangsu Wuyang Automation Control Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jiangsu Wuyang Automation Control Technology Co Ltd (SZSE:300420) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

North of Zhujiang Road and east of Yinshan Road, Industrial Park, Tongshan New District, Jiangsu Province, Xuzhou, CHN, 221116

Website

http://www.wuyangkeji.com

Jiangsu Wuyang Automation Control Technology Co Ltd is a conglomerate. Its main business covers six major sectors: smart garages, automated production lines, three-dimensional warehousing, mine safety equipment, unmanned ships, and financial services. It services includes Tensioning device, braking device, feeder and two stations and machine-made sand, industrial robot complete production line, intelligent mechanical parking equipment, logistics and intelligent warehousing system, parking lot investment, construction and operation.

Executives

Zhang Bao Gang	Supervisors
Hou You Fu	Director
Zhang Ye	Supervisors
Hu Yun Gao	Directors, executives
Cai Min	Director
Sun Jin Ming	Directors, executives
Liu Long Bao	Director
Tong Min	Director
Zhang Li Yong	Directors, executives
Wang Chong Gui	Independent director
Du Jin Feng	Director

Jiangsu Wuyang Automation Control Technology Co Headlines

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