Beijing Advanced Digital Technology Co (SZSE:300541) ROCE % : 6.90% (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Beijing Advanced Digital 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. Beijing Advanced Digital Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.90%.

Beijing Advanced Digital Technology Co ROCE % Historical Data

The historical data trend for Beijing Advanced Digital 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.

* Premium members only.

Beijing Advanced Digital Technology Co ROCE % Chart

Beijing Advanced Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.49

21.06

18.56

11.82

12.30

Beijing Advanced Digital 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															8.49	15.20	-1.20	3.48	6.90

Beijing Advanced Digital Technology Co ROCE % Calculation

Beijing Advanced Digital 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 )
	=	179.869	/	( ( (2509.813 - 1232.493)	+	(2599.747 - 953.199) )	/ 2 )
	=	179.869	/	( (1277.32	+	1646.548)	/ 2 )
	=	179.869	/	1461.934
	=	12.30 %

Beijing Advanced Digital 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 )
	=	112.392	/	( ( (2593.622 - 976.703)	+	(2521.313 - 880.334) )	/ 2 )
	=	112.392	/	( ( 1616.919	+	1640.979 )	/ 2 )
	=	112.392	/	1628.949
	=	6.90 %

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

Beijing Advanced Digital Technology Co (SZSE:300541) 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 Advanced Digital Technology Co ROCE % Related Terms

Thank you for viewing the detailed overview of Beijing Advanced Digital Technology Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Advanced Digital Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Advanced Digital Technology Co Ltd (SZSE:300541) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Chedaogou, Room 601-604, 6th Floor, Building 4, Haidian District, Beijing, CHN, 100089

Website

https://www.adtec.com.cn

Beijing Advanced Digital Technology Co Ltd engages in the provision of various software solutions for financial and customer relationship needs. The main business of the company includes IT infrastructure construction, software solution, and IT operation service. It offers Sharkata, a financial data management and service platform; Shark Store, an enterprise self-service platform; Moia Visual, an enterprise data display and service platform; and Moia Control, an enterprise data scheduling and monitoring platform.

Executives

Jin Lin	Executives
Luo Yun Bo	Directors, executives
Fan Li Ming	Director
Yang Ge Ping	Supervisors
Lin Hong	Directors, executives
Wang Lang	Securities Affairs Representative

Beijing Advanced Digital Technology Co Headlines

No Headlines