Sunfly Intelligent Technology Co (SZSE:300423) ROCE % : 0.10% (As of Sep. 2024)

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What is Sunfly Intelligent 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. Sunfly Intelligent Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.10%.

Sunfly Intelligent Technology Co ROCE % Historical Data

The historical data trend for Sunfly Intelligent 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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Sunfly Intelligent Technology Co ROCE % Chart

Sunfly Intelligent Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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21.76

19.37

6.59

-25.54

-68.61

Sunfly Intelligent 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															2.19	-212.68	1.07	2.22	0.10

Sunfly Intelligent Technology Co ROCE % Calculation

Sunfly Intelligent 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 )
	=	-1611.168	/	( ( (5729.422 - 2529.661)	+	(3268.946 - 1772.168) )	/ 2 )
	=	-1611.168	/	( (3199.761	+	1496.778)	/ 2 )
	=	-1611.168	/	2348.2695
	=	-68.61 %

Sunfly Intelligent 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 )
	=	1.58	/	( ( (3389.799 - 1882.939)	+	(3366.252 - 1855.164) )	/ 2 )
	=	1.58	/	( ( 1506.86	+	1511.088 )	/ 2 )
	=	1.58	/	1508.974
	=	0.10 %

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

Sunfly Intelligent Technology Co (SZSE:300423) 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.

Sunfly Intelligent Technology Co ROCE % Related Terms

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Sunfly Intelligent Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunfly Intelligent Technology Co Ltd (SZSE:300423) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

256 Longmen West Road, Shandong Province, Laiyang, CHN, 265200

Website

http://www.luyitong.com

Sunfly Intelligent Technology Co Ltd is engaged in research and development, design, production and sales of complete sets of electrical equipment, products and sales. The company produces and sells electrical equipment, power supply equipment, components, power transmission and distribution and control equipment.

Executives

Xu Ling	Executives
Liu Yun Peng	Directors, executives
Cui Jing	Directors, executives
Ji Fa Qing	Directors, executives
Zhang Yi	Directors, executives
Wei Chun Mei	Executives
Zhang Xiao Yan	Securities Affairs Representative
He Zhi Bo	Executives
Li Zhao Qiang	Directors, executives
Liu De Ye	Supervisors
Xu Ke Feng	Executives
Yao Jing Lin	Supervisors
Yang Qing Li	Independent director
Yu Xiang Yong	Director
Ji Tao	Director

Sunfly Intelligent Technology Co Headlines

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