Weaver Network Technology Co (SHSE:603039) ROCE % : 5.53% (As of Mar. 2024)

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What is Weaver Network Technology 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. Weaver Network Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.53%.

Weaver Network Technology Co ROCE % Historical Data

The historical data trend for Weaver Network Technology 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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Weaver Network Technology Co ROCE % Chart

Weaver Network Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.14

20.43

19.54

12.30

8.65

Weaver Network Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.24	6.07	-5.33	32.47	5.53

Weaver Network Technology Co ROCE % Calculation

Weaver Network Technology 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 )
	=	173.198	/	( ( (3543.496 - 1624.312)	+	(3903.597 - 1817.428) )	/ 2 )
	=	173.198	/	( (1919.184	+	2086.169)	/ 2 )
	=	173.198	/	2002.6765
	=	8.65 %

Weaver Network Technology Co'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: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	114.412	/	( ( (3903.597 - 1817.428)	+	(3669.002 - 1620.333) )	/ 2 )
	=	114.412	/	( ( 2086.169	+	2048.669 )	/ 2 )
	=	114.412	/	2067.419
	=	5.53 %

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

Weaver Network Technology Co (SHSE:603039) 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.

Weaver Network Technology Co ROCE % Related Terms

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Weaver Network Technology Co (SHSE:603039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weaver Network Technology Co Ltd (SHSE:603039) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3419 Sanlu Highway, Fanwei Software Park, Minhang, Shanghai, CHN, 201112

Website

https://www.weaver.com.cn

Weaver Network Technology Co Ltd is a China based company engaged in developing collaborative management software. The product system provided by the company includes cloud office platform, mobile platform e-mobile, collaborative management application platform, and collaborative office standard edition, among others. It also offers information portal solution, cost control management solution, group management solution, target performance management solution.

Executives

Wei Li Dong	Directors, senior managers
Sui Qing	senior management
Hu Bo	senior management
Wang Chen Zhi	Directors, senior managers
Yang Guo Sheng	senior management
Bao Xiao Juan	Directors, senior managers
Zhou Jun Feng	Director
Jin Ge	Directors, senior managers
Xiong Xue Wu	Director

Weaver Network Technology Co (SHSE:603039) Headlines

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