Sunway Network (WAR:SNN) ROCE % : -45.81% (As of Mar. 2024)

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What is Sunway Network 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. Sunway Network's annualized ROCE % for the quarter that ended in Mar. 2024 was -45.81%.

Sunway Network ROCE % Historical Data

The historical data trend for Sunway Network'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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Sunway Network ROCE % Chart

Sunway Network Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

74.64

13.90

49.26

Sunway Network Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial				3.35	64.60	-7.58	-88.59	-45.81

Sunway Network ROCE % Calculation

Sunway Network's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.485	/	( ( (0.808 - 0.034)	+	(1.284 - 0.089) )	/ 2 )
	=	0.485	/	( (0.774	+	1.195)	/ 2 )
	=	0.485	/	0.9845
	=	49.26 %

Sunway Network'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-0.44	/	( ( (1.1 - 0.026)	+	(1.071 - 0.224) )	/ 2 )
	=	-0.44	/	( ( 1.074	+	0.847 )	/ 2 )
	=	-0.44	/	0.9605
	=	-45.81 %

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

Sunway Network (WAR:SNN) 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.

Sunway Network ROCE % Related Terms

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Sunway Network (WAR:SNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sunway Network SA (WAR:SNN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Lekka 3 lok. U4, Warsaw, POL, 01-910

Website

https://www.prostagielda.pl

Sunway Network SA Formerly Prosta Gielda SA offers comprehensive solutions for companies and startups. It engages in the creation and implementation of IT solutions and systems intended for business entities, as well as the maintenance and development of these solutions.