Beisen Holding (HKSE:09669) ROCE % : -511.72% (As of Sep. 2023)

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What is Beisen Holding 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. Beisen Holding's annualized ROCE % for the quarter that ended in Sep. 2023 was -511.72%.

Beisen Holding ROCE % Historical Data

The historical data trend for Beisen Holding'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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Beisen Holding ROCE % Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-203.71

-626.68

-199.28

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial			-	-158.02	-23.68	-416.92	-511.72

Beisen Holding ROCE % Calculation

Beisen Holding's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-2963.472	/	( ( (2508.762 - 792.129)	+	(2130.807 - 873.223) )	/ 2 )
	=	-2963.472	/	( (1716.633	+	1257.584)	/ 2 )
	=	-2963.472	/	1487.1085
	=	-199.28 %

Beisen Holding'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-6554.976	/	( ( (2130.807 - 873.223)	+	(2001.519 - 697.17) )	/ 2 )
	=	-6554.976	/	( ( 1257.584	+	1304.349 )	/ 2 )
	=	-6554.976	/	1280.9665
	=	-511.72 %

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

Beisen Holding (HKSE:09669) 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.

Beisen Holding ROCE % Related Terms

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Beisen Holding (HKSE:09669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

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