Shanghai MicroPort MedBot (Group) Co (HKSE:02252) ROCE % : -98.69% (As of Dec. 2023)

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What is Shanghai MicroPort MedBot (Group) 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. Shanghai MicroPort MedBot (Group) Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -98.69%.

Shanghai MicroPort MedBot (Group) Co ROCE % Historical Data

The historical data trend for Shanghai MicroPort MedBot (Group) 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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Shanghai MicroPort MedBot (Group) Co ROCE % Chart

Shanghai MicroPort MedBot (Group) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-186.56

-21.21

-29.06

-51.49

-84.43

Shanghai MicroPort MedBot (Group) Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-34.98	-37.95	-70.00	-76.71	-98.69

Shanghai MicroPort MedBot (Group) Co ROCE % Calculation

Shanghai MicroPort MedBot (Group) 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 )
	=	-1099.381	/	( ( (2155.399 - 363.283)	+	(1561.815 - 749.54) )	/ 2 )
	=	-1099.381	/	( (1792.116	+	812.275)	/ 2 )
	=	-1099.381	/	1302.1955
	=	-84.43 %

Shanghai MicroPort MedBot (Group) Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1025.714	/	( ( (1907.573 - 641.251)	+	(1561.815 - 749.54) )	/ 2 )
	=	-1025.714	/	( ( 1266.322	+	812.275 )	/ 2 )
	=	-1025.714	/	1039.2985
	=	-98.69 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Shanghai MicroPort MedBot (Group) Co (HKSE:02252) 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.

Shanghai MicroPort MedBot (Group) Co ROCE % Related Terms

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Shanghai MicroPort MedBot (Group) Co (HKSE:02252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai MicroPort MedBot (Group) Co Ltd (HKSE:02252) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Zhangdong Road, Room 101, Area B, Building 1, Pilot Free Trade Zone, Shanghai, CHN

Website

https://www.medbotsurgical.com

Shanghai MicroPort MedBot (Group) Co Ltd is a top-tier surgical robot company dedicated to designing, developing, and commercializing surgical robots to assist surgeons in performing complex surgical procedures.

Executives

He Chao	2201 Interest of corporation controlled by you
Yuan Shuai	2201 Interest of corporation controlled by you
Ji Shufang	2202 Interest of your spouse
Wu Kaili	2202 Interest of your spouse
Shenzhen Gao Ling Tiancheng Phase Iii Investment Co., Ltd.	2201 Interest of corporation controlled by you
Shenzhen Gao Ling Muqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Xiamen Gao Ling Ruiqi Equity Investment Fund Llp	2201 Interest of corporation controlled by you
Zhuhai Gao Ling Chongheng Equity Investment Llp	2101 Beneficial owner
Shang Hai Wei Chuang Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Zhen Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2103 Interests held jointly with another person
Shang Hai Mo Hua Ren Gong Zhi Neng Ke Ji You Xian Gong Si	2103 Interests held jointly with another person
Wei Chuang Yi Liao Ke Xue You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Qing Min Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo	2101 Beneficial owner

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