Quantumctek Co (SHSE:688027) ROCE % : -10.47% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Quantumctek 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. Quantumctek Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.47%.

Quantumctek Co ROCE % Historical Data

The historical data trend for Quantumctek 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.

Quantumctek Co ROCE % Chart

Quantumctek Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.54

1.14

-2.61

-4.39

-6.21

Quantumctek 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															-3.93	-6.39	-9.73	-4.57	-10.47

Quantumctek Co ROCE % Calculation

Quantumctek 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 )
	=	-105.062	/	( ( (1943.285 - 181.426)	+	(1782.577 - 162.954) )	/ 2 )
	=	-105.062	/	( (1761.859	+	1619.623)	/ 2 )
	=	-105.062	/	1690.741
	=	-6.21 %

Quantumctek 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 )
	=	-167.568	/	( ( (1782.577 - 162.954)	+	(1729.07 - 147.919) )	/ 2 )
	=	-167.568	/	( ( 1619.623	+	1581.151 )	/ 2 )
	=	-167.568	/	1600.387
	=	-10.47 %

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

Quantumctek Co (SHSE:688027) 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.

Quantumctek Co ROCE % Related Terms

Thank you for viewing the detailed overview of Quantumctek Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Quantumctek Co (SHSE:688027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantumctek Co Ltd (SHSE:688027) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

800 West Wangjiang Road, Floor 1, 3, 4, 5, 6 and 7 of Building D3, High-tech Zone, Anhui Province, Hefei, CHN, 230088

Website

http://www.quantum-info.com

Quantumctek Co Ltd is engaged in production, sales and technical services of quantum communication products. The company's products include Quantum-secure Communication Network Core Equipment; Quantum-secure Application Products; Operating System Software; Core Components; and Teaching Systems & Scientific Instruments. Its solutions, products, and services are used in government, financial and energy industry, ensuring long term quantum safety to numerous users.

Executives

Ying Yong	Directors, senior managers
Tong Lu	senior management
Zhou Lei	Senior management, core technical personnel
Tang Shi Biao	Senior management, core technical personnel
Zhang Hao Min	senior management
Zhao Yong	Director, core technical staff
Zhang Jun	Directors, senior managers

Quantumctek Co (SHSE:688027) Headlines

No Headlines