Haoyun Technologies Co (SZSE:300448) ROCE % : -0.07% (As of Sep. 2024)

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What is Haoyun Technologies 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. Haoyun Technologies Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.07%.

Haoyun Technologies Co ROCE % Historical Data

The historical data trend for Haoyun Technologies 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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Haoyun Technologies Co ROCE % Chart

Haoyun Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.68

0.55

0.06

0.92

-5.12

Haoyun Technologies 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															-6.50	-15.88	0.92	1.17	-0.07

Haoyun Technologies Co ROCE % Calculation

Haoyun Technologies 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 )
	=	-72.948	/	( ( (1581.298 - 117.906)	+	(1497.525 - 109.032) )	/ 2 )
	=	-72.948	/	( (1463.392	+	1388.493)	/ 2 )
	=	-72.948	/	1425.9425
	=	-5.12 %

Haoyun Technologies 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 )
	=	-0.948	/	( ( (1426.312 - 76.552)	+	(1407.911 - 67.862) )	/ 2 )
	=	-0.948	/	( ( 1349.76	+	1340.049 )	/ 2 )
	=	-0.948	/	1344.9045
	=	-0.07 %

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

Haoyun Technologies Co (SZSE:300448) 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.

Haoyun Technologies Co ROCE % Related Terms

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Haoyun Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Haoyun Technologies Co Ltd (SZSE:300448) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Room 102, Building 22, Donghuan Street, Tianan Headquarters Center, No. 555, North Panyu Avenue, Panyu District, Guangdong, Guangzhou, CHN, 511400

Website

http://www.haoyuntech.com

Haoyun Technologies Co Ltd is engaged in providing security solutions. The company offers services in the field of public security, justice, prison, education, transportation, and border inspection. The products of the company include a camera, display and control, storage products, access control products, transmission products, smart products, voice intercom products, and physical protection.

Executives

Mao Qing Jiang	Director
Xu Biao	Executives
Lei Hong Wen	Directors, executives
Chen Pian	Directors, executives
Yuan Xiao Kang	Executives
Yu Yang	Independent director
Wang Han Hui	Executives
Chen Wen Fang	Supervisors
Peng Yan Jun	Securities Affairs Representative
Huang Yang	Director
Long Zhong Sheng	Executives

Haoyun Technologies Co Headlines

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