Fullink Technology Co (SZSE:301067) ROCE % : 4.14% (As of Sep. 2024)

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What is Fullink Technology 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. Fullink Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.14%.

Fullink Technology Co ROCE % Historical Data

The historical data trend for Fullink Technology 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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Fullink Technology Co ROCE % Chart

Fullink Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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352.17

43.96

11.99

9.94

2.84

Fullink Technology 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															1.85	1.64	0.79	-1.85	4.14

Fullink Technology Co ROCE % Calculation

Fullink Technology 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 )
	=	25.447	/	( ( (1084.379 - 218.592)	+	(1234.472 - 310.043) )	/ 2 )
	=	25.447	/	( (865.787	+	924.429)	/ 2 )
	=	25.447	/	895.108
	=	2.84 %

Fullink Technology 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 )
	=	37.32	/	( ( (1268.838 - 370.714)	+	(1301.322 - 397.016) )	/ 2 )
	=	37.32	/	( ( 898.124	+	904.306 )	/ 2 )
	=	37.32	/	901.215
	=	4.14 %

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

Fullink Technology Co (SZSE:301067) 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.

Fullink Technology Co ROCE % Related Terms

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Fullink Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fullink Technology Co Ltd (SZSE:301067) » Definitions » ROCE %

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Address

West of Honghu East Road, Yanluo Street, Building 101, Building 7, Jiada Industrial Park, Yanchuan Community, Baoan District, Guangdong Province, Shenzhen, CHN, 518105

Website

http://www.hkfullink.com

Fullink Technology Co Ltd is a mobile terminal intelligent distribution company specializing in signal converters, signal expansion docks, power adapters, smart chargers, etc. The company's products are mainly divided into signal conversion and expansion products (Type-C, DP, HDMI, DVI, and VGA, etc.), molds and precision structural parts products (plastic shells, aluminum shells and precision structural parts), power adapters (fast charging chargers, wireless chargers, travel chargers, etc.), and other products such as high-speed cables and VR/AR peripherals, ergonomic bracket series products, magic keyboard, and smart socket, etc.

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