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Flaircomm Microelectronics (SZSE:301600) ROCE % : 30.12% (As of Sep. 2024)


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What is Flaircomm Microelectronics 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. Flaircomm Microelectronics's annualized ROCE % for the quarter that ended in Sep. 2024 was 30.12%.


Flaircomm Microelectronics ROCE % Historical Data

The historical data trend for Flaircomm Microelectronics'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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Flaircomm Microelectronics ROCE % Chart

Flaircomm Microelectronics Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.41 22.86 22.99 24.99 32.82

Flaircomm Microelectronics Quarterly Data
Jun14 Sep14 Dec14 Jun15 Dec17 Dec18 Dec19 Mar20 Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 30.25 108.67 -55.96 30.12

Flaircomm Microelectronics ROCE % Calculation

Flaircomm Microelectronics'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 )
=143.648/( ( (628.15 - 255.281) + (847.244 - 344.704) )/ 2 )
=143.648/( (372.869+502.54)/ 2 )
=143.648/437.7045
=32.82 %

Flaircomm Microelectronics'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 )
=278.64/( ( (958.018 - 376.665) + (1687.148 - 418.15) )/ 2 )
=278.64/( ( 581.353 + 1268.998 )/ 2 )
=278.64/925.1755
=30.12 %

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

* 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.


Flaircomm Microelectronics  (SZSE:301600) 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.


Flaircomm Microelectronics ROCE % Related Terms

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Flaircomm Microelectronics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 116, Jiangbin East Avenue, 5th Floor, Building 1, Mawei District, Fujian Province, Fuzhou, CHN, 350015
Flaircomm Microelectronics Inc is engaged in research & development, production and sales of intelligent terminals for the Internet of Vehicles and intelligent modules for the Internet of Things.

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