GHT Co (SZSE:300711) ROCE % : 2.63% (As of Sep. 2024)

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What is GHT 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. GHT Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.63%.

GHT Co ROCE % Historical Data

The historical data trend for GHT 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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GHT Co ROCE % Chart

GHT Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.90

5.52

6.82

10.49

6.77

GHT 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															-2.07	21.43	-1.65	9.31	2.63

GHT Co ROCE % Calculation

GHT 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 )
	=	46.994	/	( ( (958.28 - 296.863)	+	(1010.226 - 284.027) )	/ 2 )
	=	46.994	/	( (661.417	+	726.199)	/ 2 )
	=	46.994	/	693.808
	=	6.77 %

GHT 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 )
	=	18.924	/	( ( (966.572 - 248.276)	+	(985.922 - 263.084) )	/ 2 )
	=	18.924	/	( ( 718.296	+	722.838 )	/ 2 )
	=	18.924	/	720.567
	=	2.63 %

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

GHT Co (SZSE:300711) 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.

GHT Co ROCE % Related Terms

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GHT Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GHT Co Ltd (SZSE:300711) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No 16 NanyunyiLu, Guangzhou Science City, Guangzhou, CHN, 510663

Website

http://www.ghtchina.com

GHT Co Ltd is a telecommunication solution provider in China. It develops and manufactures communication system and terminal equipment including dispatch console, voice over internet protocol (VoIP) phones, voice recording system, SoftSwitch system, 2020 PABX, and AUCTOPUS conference phones.

Executives

Dai Sui Gang	Directors, executives
Tan Wei Li	Executives
Lu Yong Ning	Directors, executives
Liu Xiao Qing	Supervisors

GHT Co Headlines

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