Fujian Nebula Electronics Co (SZSE:300648) ROCE % : 1.00% (As of Sep. 2024)

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

What is Fujian Nebula Electronics 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. Fujian Nebula Electronics Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.00%.

Fujian Nebula Electronics Co ROCE % Historical Data

The historical data trend for Fujian Nebula Electronics 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.

Fujian Nebula Electronics Co ROCE % Chart

Fujian Nebula Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

0.12

10.32

10.38

-0.51

-14.98

Fujian Nebula Electronics 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															-11.60	-27.44	-7.32	-0.53	1.00

Fujian Nebula Electronics Co ROCE % Calculation

Fujian Nebula Electronics 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 )
	=	-172.412	/	( ( (2555.782 - 1281.351)	+	(2452.413 - 1425.521) )	/ 2 )
	=	-172.412	/	( (1274.431	+	1026.892)	/ 2 )
	=	-172.412	/	1150.6615
	=	-14.98 %

Fujian Nebula Electronics 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 )
	=	9.324	/	( ( (2323.174 - 1386.1)	+	(2191.845 - 1267.957) )	/ 2 )
	=	9.324	/	( ( 937.074	+	923.888 )	/ 2 )
	=	9.324	/	930.481
	=	1.00 %

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

Fujian Nebula Electronics Co (SZSE:300648) 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.

Fujian Nebula Electronics Co ROCE % Related Terms

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

Fujian Nebula Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fujian Nebula Electronics Co Ltd (SZSE:300648) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 6, Shishi Road, Ma'an Avenue, Xingyun Science and Technology Park, Building 1-4, Mawei District, Fujian Province, Fuzhou, CHN, 350015

Website

http://www.e-nebula.com

Fujian Nebula Electronics Co Ltd is a Chinese company engaged in the production and sales of lithium battery testing equipment, bidirectional converters and lithium battery packs. The company's products include lithium battery pack protection board test equipment, lithium battery pack semi-finished products, lithium battery pack charge and discharge test equipment, power lithium battery pack BMS (Battery Management System battery management system) test equipment, power lithium Battery pack EOL (End Of Line offline) test equipment, and others.

Executives

Tang Ping	Directors, executives
Jiang Mei Zhu	Director
Yi Jun Sheng	Supervisors

Fujian Nebula Electronics Co Headlines

No Headlines