Brilliance Technology Co (SZSE:300542) ROCE % : 0.36% (As of Sep. 2024)

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What is Brilliance 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. Brilliance Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.36%.

Brilliance Technology Co ROCE % Historical Data

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

Brilliance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.87

14.25

11.51

9.89

8.16

Brilliance 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															-11.73	39.96	-6.39	3.29	0.36

Brilliance Technology Co ROCE % Calculation

Brilliance 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 )
	=	54.722	/	( ( (1347.287 - 663.484)	+	(1630.628 - 972.572) )	/ 2 )
	=	54.722	/	( (683.803	+	658.056)	/ 2 )
	=	54.722	/	670.9295
	=	8.16 %

Brilliance 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 )
	=	2.312	/	( ( (1381.993 - 735.484)	+	(1436.85 - 797.901) )	/ 2 )
	=	2.312	/	( ( 646.509	+	638.949 )	/ 2 )
	=	2.312	/	642.729
	=	0.36 %

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

Brilliance Technology Co (SZSE:300542) 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.

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Brilliance Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brilliance Technology Co Ltd (SZSE:300542) » Definitions » ROCE %

Comparable Companies

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Address

Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097

Website

http://www.brilliance.com.cn

Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.

Executives

Yang Han Jie	Director
Kang Lu	Director
Yu Ke Jian	Directors, executives
Tang Ruo Mei	Supervisors
Zhang Yan Sheng	Directors, executives
Zhang Da Xin	Directors, executives
Li Fu Hua	Director
Ding Fei	Securities Affairs Representative

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