Wuhan Kotei Informatics Co (SZSE:301221) ROCE % : 4.99% (As of Sep. 2024)

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What is Wuhan Kotei Informatics 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. Wuhan Kotei Informatics Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.99%.

Wuhan Kotei Informatics Co ROCE % Historical Data

The historical data trend for Wuhan Kotei Informatics 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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Wuhan Kotei Informatics Co ROCE % Chart

Wuhan Kotei Informatics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.95

17.33

6.77

1.61

-0.62

Wuhan Kotei Informatics 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															-1.30	-3.54	-0.74	-2.00	4.99

Wuhan Kotei Informatics Co ROCE % Calculation

Wuhan Kotei Informatics 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 )
	=	-12.741	/	( ( (2216.255 - 128.022)	+	(2278.741 - 233.088) )	/ 2 )
	=	-12.741	/	( (2088.233	+	2045.653)	/ 2 )
	=	-12.741	/	2066.943
	=	-0.62 %

Wuhan Kotei Informatics 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 )
	=	101.448	/	( ( (2149.567 - 132.537)	+	(2217.714 - 170.557) )	/ 2 )
	=	101.448	/	( ( 2017.03	+	2047.157 )	/ 2 )
	=	101.448	/	2032.0935
	=	4.99 %

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

Wuhan Kotei Informatics Co (SZSE:301221) 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.

Wuhan Kotei Informatics Co ROCE % Related Terms

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Wuhan Kotei Informatics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhan Kotei Informatics Co Ltd (SZSE:301221) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

South of Nanhu South Road, No. 208, 8th Floor, Building 2, Optics Valley Software Park Phase 6, West of Phase I of Optics Valley Software Park, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430079

Website

http://www.kotei-info.com

Wuhan Kotei Informatics Co Ltd is engaged in providing professional automotive electronic software customized development and software technical services for auto parts suppliers and auto manufacturers.

Executives

Wang Jun De	Directors, executives
Li Sen Lin	Directors, executives

Wuhan Kotei Informatics Co Headlines

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