Shenzhen Fluence Technology (SZSE:300647) ROCE % : -16.81% (As of Sep. 2024)

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What is Shenzhen Fluence 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. Shenzhen Fluence Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was -16.81%.

Shenzhen Fluence Technology ROCE % Historical Data

The historical data trend for Shenzhen Fluence 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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Shenzhen Fluence Technology ROCE % Chart

Shenzhen Fluence Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.83

4.91

-17.57

2.84

-24.80

Shenzhen Fluence 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															-10.91	-66.47	4.93	-12.89	-16.81

Shenzhen Fluence Technology ROCE % Calculation

Shenzhen Fluence 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 )
	=	-325.491	/	( ( (2408.14 - 976.718)	+	(2238.707 - 1045.164) )	/ 2 )
	=	-325.491	/	( (1431.422	+	1193.543)	/ 2 )
	=	-325.491	/	1312.4825
	=	-24.80 %

Shenzhen Fluence 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 )
	=	-192.068	/	( ( (2291.216 - 1134.779)	+	(2197.137 - 1068.103) )	/ 2 )
	=	-192.068	/	( ( 1156.437	+	1129.034 )	/ 2 )
	=	-192.068	/	1142.7355
	=	-16.81 %

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

Shenzhen Fluence Technology (SZSE:300647) 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.

Shenzhen Fluence Technology ROCE % Related Terms

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Shenzhen Fluence Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Fluence Technology PLC (SZSE:300647) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 475, Huangge North Road, A701, Building 1, Entrepreneurship Park, Longgang District, Shenzhen, CHN, 518172

Website

http://www.pccooler.cn

Shenzhen Fluence Technology PLC is involved in the research, development, manufacture and sales of radiators and heatsinks for electronic products. In addition, it also provides heat dissipating solutions for PC and LED, and comprehensive after-sales services. The company's product offerings include CPU radiator, VGA radiator, LED heatsinks and other related accessories.

Executives

Huang Hai Yan	Executives
Liu Wei Hong	Executives
Wang Jun	Directors, executives
Lei Jin Hua	Executives
Zhang Zheng Hua	Directors, executives
Li Guang Yao	Directors, executives
Dai Yong Xiang	Director
Ye Wei Xin	Directors, executives
Du Jian Jun	Directors, executives
Shuai Wei	Supervisors
Luo Li Yun	Securities Affairs Representative
Mao Song	Executives
Liu Hu	Supervisors

Shenzhen Fluence Technology Headlines

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