Hangzhou Huasu Technology Co (SZSE:301157) ROCE % : 1.71% (As of Sep. 2024)

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What is Hangzhou Huasu 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. Hangzhou Huasu Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.71%.

Hangzhou Huasu Technology Co ROCE % Historical Data

The historical data trend for Hangzhou Huasu 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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Hangzhou Huasu Technology Co ROCE % Chart

Hangzhou Huasu Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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36.06

55.38

31.02

25.08

6.27

Hangzhou Huasu Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											2.92	7.85	3.78	3.32	1.71

Hangzhou Huasu Technology Co ROCE % Calculation

Hangzhou Huasu 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 )
	=	43.325	/	( ( (417.784 - 128.031)	+	(1260.04 - 168.062) )	/ 2 )
	=	43.325	/	( (289.753	+	1091.978)	/ 2 )
	=	43.325	/	690.8655
	=	6.27 %

Hangzhou Huasu 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 )
	=	18.416	/	( ( (1197.442 - 122.966)	+	(1193.415 - 115.034) )	/ 2 )
	=	18.416	/	( ( 1074.476	+	1078.381 )	/ 2 )
	=	18.416	/	1076.4285
	=	1.71 %

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

Hangzhou Huasu Technology Co (SZSE:301157) 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.

Hangzhou Huasu Technology Co ROCE % Related Terms

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Hangzhou Huasu Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Huasu Technology Co Ltd (SZSE:301157) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1418-50, Moganshan Road, Floor 2 and 3, Building 3, Shangcheng Science and Technology Industrial Base, Zhejiang Province, Hangzhou, CHN

Website

http://www.huasucn.com

Hangzhou Huasu Technology Co Ltd is an innovative high-tech company focusing on battery safety monitoring and operation management platforms. It specializes in the research and development and sales of lead-acid battery BMS, energy storage lithium battery BMS, EV power battery BMS and battery monitoring data platform operation services. The products and services are widely used in cloud computing, data centers, communication networks, energy storage, new energy vehicles, rail transit, and key power supplies for commercial and industrial facilities.

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