Lakala payment Co (SZSE:300773) ROCE % : 12.36% (As of Sep. 2024)

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What is Lakala payment 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. Lakala payment Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 12.36%.

Lakala payment Co ROCE % Historical Data

The historical data trend for Lakala payment 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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Lakala payment Co ROCE % Chart

Lakala payment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.36

21.50

23.78

-29.96

14.21

Lakala payment 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															13.42	-23.68	25.76	26.13	12.36

Lakala payment Co ROCE % Calculation

Lakala payment 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 )
	=	534.851	/	( ( (10443.594 - 6736.02)	+	(12263.888 - 8441.389) )	/ 2 )
	=	534.851	/	( (3707.574	+	3822.499)	/ 2 )
	=	534.851	/	3765.0365
	=	14.21 %

Lakala payment 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 )
	=	459.68	/	( ( (10791.831 - 6956.262)	+	(10874.494 - 7269.846) )	/ 2 )
	=	459.68	/	( ( 3835.569	+	3604.648 )	/ 2 )
	=	459.68	/	3720.1085
	=	12.36 %

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

Lakala payment Co (SZSE:300773) 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.

Lakala payment Co ROCE % Related Terms

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Lakala payment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lakala payment Co Ltd (SZSE:300773) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beiqing Road, 606, 6th Floor, Block D1, Zhongguancun, Haidian District, Beijing, CHN, 100094

Website

http://www.lakala.com

Lakala payment Co Ltd is a third-party payment company in China. It provides personal payment, merchant payment, credit reporting and other business including online and offline" by means of hardware and software.

Executives

Zhou Gang	Executives
Chen Jie	Supervisors
Shu Shi Zhong	Directors, executives

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