Eoptolink Technology (SZSE:300502) ROCE % : 55.13% (As of Sep. 2024)

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What is Eoptolink 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. Eoptolink Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was 55.13%.

Eoptolink Technology ROCE % Historical Data

The historical data trend for Eoptolink 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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Eoptolink Technology ROCE % Chart

Eoptolink Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.67

23.45

20.56

23.06

15.03

Eoptolink 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															16.93	22.27	25.35	37.05	55.13

Eoptolink Technology ROCE % Calculation

Eoptolink 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 )
	=	790.276	/	( ( (5876.061 - 931.732)	+	(6439.984 - 867.387) )	/ 2 )
	=	790.276	/	( (4944.329	+	5572.597)	/ 2 )
	=	790.276	/	5258.463
	=	15.03 %

Eoptolink 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 )
	=	3751.644	/	( ( (8302.736 - 1941.663)	+	(9821.804 - 2572.987) )	/ 2 )
	=	3751.644	/	( ( 6361.073	+	7248.817 )	/ 2 )
	=	3751.644	/	6804.945
	=	55.13 %

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

Eoptolink Technology (SZSE:300502) 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.

Eoptolink Technology ROCE % Related Terms

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Eoptolink Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eoptolink Technology Inc Ltd (SZSE:300502) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.127 West Wulian Street, Gongxing Town, Shuangliu District, Chengdu, CHN, 610213

Website

https://www.eoptolink.com

Eoptolink Technology Inc Ltd is engaged in R&D, production and sales of optical modules.

Executives

Dai Xue Min	Executives
Gao Guang Rong	Director
Wang Cheng	Directors, executives
Chen Wei	Executives
Zhang Zhi Qiang	Supervisors
Yuan Yin	Supervisors
	Director
Wan Ming	Supervisors
Hu Xue Min	Director
Wei Wei	Supervisors, securities affairs representatives
Huang Xiao Lei	Directors, executives
Li Jiang	Directors, executives

Eoptolink Technology Headlines

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