Winner Technology Co (SZSE:300609) ROCE % : -10.57% (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Winner 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. Winner Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.57%.

Winner Technology Co ROCE % Historical Data

The historical data trend for Winner 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.

Winner Technology Co ROCE % Chart

Winner Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.92

-1.31

3.97

-4.07

-2.30

Winner Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-4.24	-3.62	-9.13	7.17	-10.57

Winner Technology Co ROCE % Calculation

Winner 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 )
	=	-25.977	/	( ( (1257.172 - 161.094)	+	(1390.601 - 224.658) )	/ 2 )
	=	-25.977	/	( (1096.078	+	1165.943)	/ 2 )
	=	-25.977	/	1131.0105
	=	-2.30 %

Winner Technology Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-121.996	/	( ( (1390.601 - 224.658)	+	(1329.467 - 186.518) )	/ 2 )
	=	-121.996	/	( ( 1165.943	+	1142.949 )	/ 2 )
	=	-121.996	/	1154.446
	=	-10.57 %

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

Winner Technology Co (SZSE:300609) 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.

Winner Technology Co ROCE % Related Terms

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

Winner Technology Co (SZSE:300609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Winner Technology Co Inc (SZSE:300609) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 55, Zhangjiang Chuanhe Road, No. 6, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201210

Website

https://www.winnerinf.com

Winner Technology Co Inc Formerly Winner Information Technology Inc is a Chinese company engaged in the big data business. It provides offline consumer entity consumer data collection and analysis. The solutions offered by the company includes smart shopping, wisdom store and data service. Wisdom stores acquire consumer and product information by combining video identification, Beacon\Wi-Fi\RFID and other data collection technologies and multimedia means.

Executives

Sun Wei Min	Directors, executives
Zhang Hong Jun	Directors, executives
Guo Hong Wei	Supervisors
Xue Hong Wei	Director

Winner Technology Co (SZSE:300609) Headlines

No Headlines