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Suzhou Oriental Semiconductor Co (SHSE:688261) ROCE % : 4.48% (As of Sep. 2023)


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What is Suzhou Oriental Semiconductor 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. Suzhou Oriental Semiconductor Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 4.48%.


Suzhou Oriental Semiconductor Co ROCE % Historical Data

The historical data trend for Suzhou Oriental Semiconductor 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.

* Premium members only.

Suzhou Oriental Semiconductor Co ROCE % Chart

Suzhou Oriental Semiconductor Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
9.79 5.48 11.32 34.05 19.16

Suzhou Oriental Semiconductor Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 14.25 13.64 11.19 4.37 4.48

Suzhou Oriental Semiconductor Co ROCE % Calculation

Suzhou Oriental Semiconductor Co'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 )
=327.322/( ( (628.573 - 59.587) + (2926.426 - 79.416) )/ 2 )
=327.322/( (568.986+2847.01)/ 2 )
=327.322/1707.998
=19.16 %

Suzhou Oriental Semiconductor Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=128.152/( ( (2887.876 - 41.638) + (3010.109 - 133.579) )/ 2 )
=128.152/( ( 2846.238 + 2876.53 )/ 2 )
=128.152/2861.384
=4.48 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.


Suzhou Oriental Semiconductor Co  (SHSE:688261) 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.


Suzhou Oriental Semiconductor Co ROCE % Related Terms

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Suzhou Oriental Semiconductor Co (SHSE:688261) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Jinji Lake Avenue, Room 515, Building 20, Northwest District, Suzhou Industrial Park, Jiangsu Province, Suzhou Nano, CHN, 215121
Suzhou Oriental Semiconductor Co Ltd is a technology-driven semiconductor technology company.

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