NanJing Research Inst Of Surveying Mapping & Geotec Inves Co (SZSE:300826) ROCE % : 2.58% (As of Sep. 2024)

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What is NanJing Research Inst Of Surveying Mapping & Geotec Inves 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. NanJing Research Inst Of Surveying Mapping & Geotec Inves Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.58%.

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co ROCE % Historical Data

The historical data trend for NanJing Research Inst Of Surveying Mapping & Geotec Inves 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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NanJing Research Inst Of Surveying Mapping & Geotec Inves Co ROCE % Chart

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.48

10.83

10.16

8.04

5.62

NanJing Research Inst Of Surveying Mapping & Geotec Inves 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															3.86	10.18	2.53	1.92	2.58

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co ROCE % Calculation

NanJing Research Inst Of Surveying Mapping & Geotec Inves 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 )
	=	74.636	/	( ( (2217.133 - 1083.827)	+	(2558.129 - 1033.081) )	/ 2 )
	=	74.636	/	( (1133.306	+	1525.048)	/ 2 )
	=	74.636	/	1329.177
	=	5.62 %

NanJing Research Inst Of Surveying Mapping & Geotec Inves 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 )
	=	39.104	/	( ( (2497.781 - 985.946)	+	(2449.875 - 927.59) )	/ 2 )
	=	39.104	/	( ( 1511.835	+	1522.285 )	/ 2 )
	=	39.104	/	1517.06
	=	2.58 %

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

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co (SZSE:300826) 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.

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NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Ltd (SZSE:300826) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 88 Chuangyi Road, Jianye District, Jiangsu Province, Nanjing, CHN, 210019

Website

http://www.njcky.com

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Ltd is engaged in surveying and mapping geographic information service business in the geographic information industry. The company forms an integrated service for underground pipeline detection, construction, storage, operation and maintenance, underground space development and utilization, and urban maps compilation, remote sensing applications, creates a comprehensive support platform for geographic information application, automated monitoring platform for rail transit, comprehensive service platform for urban water affairs, garden management system, city construction infrastructure comprehensive maintenance system and other industry-influential products and service applications.

Executives

Zuo Dou Mei	Directors, executives
Liu Wen Wu	Directors, executives
Li Yong	Supervisors

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Headlines

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