Pansoft Co (SZSE:300996) ROCE % : 0.01% (As of Mar. 2024)

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What is Pansoft 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. Pansoft Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.01%.

Pansoft Co ROCE % Historical Data

The historical data trend for Pansoft 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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Pansoft Co ROCE % Chart

Pansoft Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.64

23.39

21.90

15.44

5.28

Pansoft Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-7.76	-9.43	1.27	35.97	0.01

Pansoft Co ROCE % Calculation

Pansoft 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 )
	=	63.439	/	( ( (1361.582 - 233.031)	+	(1500.435 - 225.052) )	/ 2 )
	=	63.439	/	( (1128.551	+	1275.383)	/ 2 )
	=	63.439	/	1201.967
	=	5.28 %

Pansoft Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	0.112	/	( ( (1500.435 - 225.052)	+	(1413.065 - 135.831) )	/ 2 )
	=	0.112	/	( ( 1275.383	+	1277.234 )	/ 2 )
	=	0.112	/	1276.3085
	=	0.01 %

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

Pansoft Co (SZSE:300996) 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.

Pansoft Co ROCE % Related Terms

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Pansoft Co (SZSE:300996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pansoft Co Ltd (SZSE:300996) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Shunhua Road, 1st Floor, Building 2, Qilu Software Park, High-tech Zone, Shandong Province, Jinan, CHN, 250101

Website

http://www.pansoft.com

Pansoft Co Ltd is engaged in providing management information solutions and comprehensive IT services for large group companies. It offers services to petroleum, chemical, construction, real estate, power, mining, equipment manufacturing, banking, insurance, government and other industries.

Executives

Lin Guo Qiang	Directors, executives
Zhang Ting Bing	Directors, executives
Nie Yu Tao	Executives
Zhang Yun Jian	Supervisors
Feng Xue Wei	Directors, executives
Xiang Hong Wei	Executives

Pansoft Co (SZSE:300996) Headlines

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