Loctek Ergonomic Technology (SZSE:300729) ROCE % : 11.78% (As of Sep. 2024)

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

What is Loctek Ergonomic 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. Loctek Ergonomic Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.78%.

Loctek Ergonomic Technology ROCE % Historical Data

The historical data trend for Loctek Ergonomic 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.

* Premium members only.

Loctek Ergonomic Technology ROCE % Chart

Loctek Ergonomic Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.16

22.26

12.31

10.07

19.07

Loctek Ergonomic 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															7.83	10.99	10.30	8.63	11.78

Loctek Ergonomic Technology ROCE % Calculation

Loctek Ergonomic 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 )
	=	885.401	/	( ( (5988.728 - 1814.537)	+	(6797.908 - 1686.274) )	/ 2 )
	=	885.401	/	( (4174.191	+	5111.634)	/ 2 )
	=	885.401	/	4642.9125
	=	19.07 %

Loctek Ergonomic 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 )
	=	707.232	/	( ( (7857.808 - 2152.782)	+	(8949.452 - 2642.415) )	/ 2 )
	=	707.232	/	( ( 5705.026	+	6307.037 )	/ 2 )
	=	707.232	/	6006.0315
	=	11.78 %

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

Loctek Ergonomic Technology (SZSE:300729) 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.

Loctek Ergonomic Technology ROCE % Related Terms

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

Loctek Ergonomic Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Loctek Ergonomic Technology Corp (SZSE:300729) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.757 Rili Middle Road, Floor 20 Aux Building, Yinzhou District, Ningbo, CHN, 315199

Website

http://www.loctek.com

Loctek Ergonomic Technology Corp is a China-based company. The company manufactures office systems and equipment including height adjustable desk, sit-stand workstation, monitor arm, TV wall mount specifically designed for plasma, LCD, and LED TVs and exercise bike in China. It also offers table mounts, wall furniture, carts, projector screen, speaker stands.

Executives

Jiang Yi	Director
Gu Chao Feng	Executives
Xiang Le Hong	Directors, executives
Zhu Wei	Directors, Directors, and Executives
Pan Yun Ping	Directors, executives
Bai Mi	Securities Affairs Representative
Zhang Xin	Directors, executives
Wu Ya Jun	Independent director

Loctek Ergonomic Technology Headlines

No Headlines