Chengdu Yunda Technology Co (SZSE:300440) ROCE % : 7.00% (As of Sep. 2024)

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What is Chengdu Yunda 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. Chengdu Yunda Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.00%.

Chengdu Yunda Technology Co ROCE % Historical Data

The historical data trend for Chengdu Yunda 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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Chengdu Yunda Technology Co ROCE % Chart

Chengdu Yunda Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.20

11.43

6.48

4.17

8.12

Chengdu Yunda 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															7.27	20.44	-5.17	9.67	7.00

Chengdu Yunda Technology Co ROCE % Calculation

Chengdu Yunda 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 )
	=	124.425	/	( ( (2559.188 - 1126.496)	+	(2601.012 - 968.442) )	/ 2 )
	=	124.425	/	( (1432.692	+	1632.57)	/ 2 )
	=	124.425	/	1532.631
	=	8.12 %

Chengdu Yunda 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 )
	=	114.136	/	( ( (2321.231 - 702.771)	+	(2362.269 - 721.608) )	/ 2 )
	=	114.136	/	( ( 1618.46	+	1640.661 )	/ 2 )
	=	114.136	/	1629.5605
	=	7.00 %

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

Chengdu Yunda Technology Co (SZSE:300440) 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.

Chengdu Yunda Technology Co ROCE % Related Terms

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Chengdu Yunda Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chengdu Yunda Technology Co Ltd (SZSE:300440) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Xinda Road, West Park, High-tech Zone, Sichuan Province, Chengdu City, CHN, 611731

Website

http://www.yd-tec.com

Chengdu Yunda Technology Co Ltd operated as a supplier of rail transit vehicle control and inspection equipment systems. The products of the company include rail transit operation simulation training system, locomotive vehicle maintenance and overhaul operation control system, and train traction and network control system.

Executives

He Hong Yun	Directors, executives
Zhu Jin Ling	Directors, executives

Chengdu Yunda Technology Co Headlines

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