Sunshine Global Circuits Co (SZSE:300739) ROCE % : 1.57% (As of Sep. 2024)

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What is Sunshine Global Circuits 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. Sunshine Global Circuits Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.57%.

Sunshine Global Circuits Co ROCE % Historical Data

The historical data trend for Sunshine Global Circuits 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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Sunshine Global Circuits Co ROCE % Chart

Sunshine Global Circuits Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.63

8.75

6.51

9.77

5.15

Sunshine Global Circuits 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															4.84	4.56	2.51	4.57	1.57

Sunshine Global Circuits Co ROCE % Calculation

Sunshine Global Circuits 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 )
	=	134.962	/	( ( (3082.685 - 710.773)	+	(3480.608 - 609.894) )	/ 2 )
	=	134.962	/	( (2371.912	+	2870.714)	/ 2 )
	=	134.962	/	2621.313
	=	5.15 %

Sunshine Global Circuits 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 )
	=	44.552	/	( ( (3428.971 - 586.027)	+	(3446.708 - 596.366) )	/ 2 )
	=	44.552	/	( ( 2842.944	+	2850.342 )	/ 2 )
	=	44.552	/	2846.643
	=	1.57 %

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

Sunshine Global Circuits Co (SZSE:300739) 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.

Sunshine Global Circuits Co ROCE % Related Terms

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Sunshine Global Circuits Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sunshine Global Circuits Co Ltd (SZSE:300739) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

B Building 32 Nanhuan Road, Shangxing No.2 Industry District, Shajing Town, Baoan, Guangdong, Shenzhen, CHN, 518125

Website

http://www.sunshinepcb.com

Sunshine Global Circuits Co Ltd is a China-based company engaged in manufacturing printed circuit boards. It produces double side, multi-layer, special material, flexible and rigid-flex printed circuit boards. The company's products are used in industrial control, telecommunication, medical electronics, automotive, power supply and green energy industry segments.

Executives

Zhang Wei	Executives
Cai Lin Sheng	Directors, executives
Sun Wen Bing	Director
Tian Li Hua	Supervisors

Sunshine Global Circuits Co Headlines

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