Beijing Hanbang Technology (SZSE:300449) ROCE % : -22.56% (As of Sep. 2024)

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What is Beijing Hanbang Technology 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. Beijing Hanbang Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was -22.56%.

Beijing Hanbang Technology ROCE % Historical Data

The historical data trend for Beijing Hanbang Technology'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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Beijing Hanbang Technology ROCE % Chart

Beijing Hanbang Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-36.65

6.37

-133.70

-95.91

-66.89

Beijing Hanbang Technology 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															-1,590.74	-231.92	4.22	-0.51	-22.56

Beijing Hanbang Technology ROCE % Calculation

Beijing Hanbang Technology'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 )
	=	-157.507	/	( ( (482.836 - 440.22)	+	(858.584 - 430.261) )	/ 2 )
	=	-157.507	/	( (42.616	+	428.323)	/ 2 )
	=	-157.507	/	235.4695
	=	-66.89 %

Beijing Hanbang Technology'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 )
	=	-96.588	/	( ( (638.604 - 197.727)	+	(531.403 - 116.18) )	/ 2 )
	=	-96.588	/	( ( 440.877	+	415.223 )	/ 2 )
	=	-96.588	/	428.05
	=	-22.56 %

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

Beijing Hanbang Technology (SZSE:300449) 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.

Beijing Hanbang Technology ROCE % Related Terms

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Beijing Hanbang Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Beijing Hanbang Technology Corp (SZSE:300449) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4, Changchunqiao Road, Room 1-12, South Side, 4th Floor, Podium, Haidian District, Beijing, CHN, 100089

Website

http://www.hbgk.net

Beijing Hanbang Technology Corp is engaged in the digital video surveillance industry. The Company is focused on the research and development of products and technology of digital video surveillance field. Its main products include back-end storage Equipments like embedded digital hard disk recorder, network hard disk recorder, analog high-definition video recorder; front-end acquisition equipments like surveillance cameras, HD-SDI camera, network camera, Video camera, network dome camera, analog camera, analog HD cama era and video surveillance system.

Executives

Zhang Hai Feng	Director
Wang Li Qun	Directors, executives
Geng Zhang Hua	Director
Zhu Hong Zhan	Director
Liu Yi	Directors, executives
Yang Ye	Supervisors
Cao Ai Ping	Supervisors
Li Jian	Directors, executives

Beijing Hanbang Technology Headlines

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