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Lucas GC (Lucas GC) ROCE % : 0.00% (As of Dec. 2023)


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What is Lucas GC 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. Lucas GC's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Lucas GC ROCE % Historical Data

The historical data trend for Lucas GC'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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Lucas GC ROCE % Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
19.25 77.44 30.58 42.68

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial - - - - -

Lucas GC ROCE % Calculation

Lucas GC'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 )
=9.484/( ( (34.604 - 17.696) + (40.87 - 13.337) )/ 2 )
=9.484/( (16.908+27.533)/ 2 )
=9.484/22.2205
=42.68 %

Lucas GC'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 )
=0/( ( (52.371 - 28.338) + (40.87 - 13.337) )/ 2 )
=0/( ( 24.033 + 27.533 )/ 2 )
=0/25.783
=0.00 %

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

Lucas GC  (NAS:LGCL) 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.

Lucas GC ROCE % Related Terms

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Lucas GC (Lucas GC) Business Description

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Comparable Companies
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Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.