HNAC Technology Co (SZSE:300490) ROCE % : -13.42% (As of Sep. 2024)

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What is HNAC 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. HNAC Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.42%.

HNAC Technology Co ROCE % Historical Data

The historical data trend for HNAC 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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HNAC Technology Co ROCE % Chart

HNAC Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.04

2.61

0.52

-16.14

-5.87

HNAC 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															5.32	-26.14	-0.41	-3.44	-13.42

HNAC Technology Co ROCE % Calculation

HNAC 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 )
	=	-169.334	/	( ( (5655.606 - 3090.329)	+	(7019.823 - 3811.181) )	/ 2 )
	=	-169.334	/	( (2565.277	+	3208.642)	/ 2 )
	=	-169.334	/	2886.9595
	=	-5.87 %

HNAC 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 )
	=	-421.944	/	( ( (6636.406 - 3425.907)	+	(6599.177 - 3522.433) )	/ 2 )
	=	-421.944	/	( ( 3210.499	+	3076.744 )	/ 2 )
	=	-421.944	/	3143.6215
	=	-13.42 %

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

HNAC Technology Co (SZSE:300490) 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.

HNAC Technology Co ROCE % Related Terms

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HNAC Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNAC Technology Co Ltd (SZSE:300490) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 609 LuSong Road, LuGu, Shibuya, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.cshnac.com

HNAC Technology Co Ltd is engaged in the manufacture and sales of automation and information technology products. It provides a solution in the field of water conservancy and hydropower, intelligent power transformation and distribution, environmental protection and industrial process control. The company products include hydropower, pump station, intelligent distribution, water treatment system, DCS control systems, photovoltaic power, and others.

Executives

Wang Xiao Bing	Director
Miao Hong Lei	Directors, executives
Tang Kai	Executives
Zhou Ai	Executives
Deng Hai Jun	Supervisors

HNAC Technology Co Headlines

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