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Victory Giant Technology (HuiZhou)Co (SZSE:300476) ROCE % : 17.96% (As of Dec. 2024)


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What is Victory Giant Technology (HuiZhou)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. Victory Giant Technology (HuiZhou)Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.96%.


Victory Giant Technology (HuiZhou)Co ROCE % Historical Data

The historical data trend for Victory Giant Technology (HuiZhou)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.

* Premium members only.

Victory Giant Technology (HuiZhou)Co ROCE % Chart

Victory Giant Technology (HuiZhou)Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 14.01 12.98 9.39 13.26

Victory Giant Technology (HuiZhou)Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.32 11.35 11.82 13.24 17.96

Victory Giant Technology (HuiZhou)Co ROCE % Calculation

Victory Giant Technology (HuiZhou)Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1422.254/( ( (17383.616 - 7575.946) + (19175.313 - 7530.487) )/ 2 )
=1422.254/( (9807.67+11644.826)/ 2 )
=1422.254/10726.248
=13.26 %

Victory Giant Technology (HuiZhou)Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=2001.244/( ( (17913.052 - 7271.288) + (19175.313 - 7530.487) )/ 2 )
=2001.244/( ( 10641.764 + 11644.826 )/ 2 )
=2001.244/11143.295
=17.96 %

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

* 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.


Victory Giant Technology (HuiZhou)Co  (SZSE:300476) 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.


Victory Giant Technology (HuiZhou)Co ROCE % Related Terms

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Victory Giant Technology (HuiZhou)Co Business Description

Traded in Other Exchanges
N/A
Address
Xingcheng Science and Technology Park, Xinqiao Village, Danshui Town, Huiyang District, Huizhou, Guangdong, CHN, 516211
Victory Giant Technology (HuiZhou)Co Ltd is a China-based company principally engaged in the research and development, manufacture and sale of printed circuit boards (PCBs). The company products are widely used in LED displays, server, communications, medical equipment, new energy vehicles, computer peripherals and other fields. The Company's main products include double-sided PCBs and continuous layer PCBs.
Executives
Zhu Guo Qiang Executives
Zhao Qi Xiang Directors, executives
Chen Yong Directors, executives
Zhou Zong Hua Supervisors
Liu Hui Independent director
Wang Yun Supervisors
Li Qi Liang Securities Affairs Representative
Wei Jun Yi Supervisors
Liu Chun Lan Director
Xiong Hou You Supervisors
Chen Tao Directors, executives
He Lian Qi Directors, executives

Victory Giant Technology (HuiZhou)Co Headlines

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