BizConf Telecom Co (SZSE:300578) ROCE % : 1.86% (As of Sep. 2024)

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What is BizConf Telecom 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. BizConf Telecom Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.86%.

BizConf Telecom Co ROCE % Historical Data

The historical data trend for BizConf Telecom 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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BizConf Telecom Co ROCE % Chart

BizConf Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.91

12.40

-12.63

1.22

-35.87

BizConf Telecom 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															-1.98	-143.12	5.56	0.68	1.86

BizConf Telecom Co ROCE % Calculation

BizConf Telecom 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 )
	=	-512.026	/	( ( (1986.349 - 287.779)	+	(1354.939 - 198.625) )	/ 2 )
	=	-512.026	/	( (1698.57	+	1156.314)	/ 2 )
	=	-512.026	/	1427.442
	=	-35.87 %

BizConf Telecom 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 )
	=	21.92	/	( ( (1334.789 - 160.355)	+	(1286.26 - 107.262) )	/ 2 )
	=	21.92	/	( ( 1174.434	+	1178.998 )	/ 2 )
	=	21.92	/	1176.716
	=	1.86 %

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

BizConf Telecom Co (SZSE:300578) 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.

BizConf Telecom Co ROCE % Related Terms

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BizConf Telecom Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BizConf Telecom Co Ltd (SZSE:300578) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4200-4201, Hongguang Road, Room 2757, Lvxiang Town, Jinshan District, Shanghai, CHN, 200041

Website

https://www.bizconf.cn

BizConf Telecom Co Ltd provides remote virtual conferencing services for internal and external communication of business. It offers audio conferencing, Web conferencing, video conferencing, and Webcasting services, as well as builds SaaS cloud video service platform. Its network conference services include webcast meeting, chamber cloud conference and Webex conference services.

Executives

Lu Lu	Directors, Directors, and Executives
	Director
Dai Yuan Yong	Director

BizConf Telecom Co Headlines

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