3Peakorporated (SHSE:688536) ROCE % : -3.44% (As of Mar. 2024)

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What is 3Peakorporated 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. 3Peakorporated's annualized ROCE % for the quarter that ended in Mar. 2024 was -3.44%.

3Peakorporated ROCE % Historical Data

The historical data trend for 3Peakorporated'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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3Peakorporated ROCE % Chart

3Peakorporated Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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50.37

12.90

15.43

7.67

-1.68

3Peakorporated 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															0.28	0.01	-0.90	-6.25	-3.44

3Peakorporated ROCE % Calculation

3Peakorporated'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 )
	=	-79.549	/	( ( (4151.318 - 325.314)	+	(5907.797 - 291.729) )	/ 2 )
	=	-79.549	/	( (3826.004	+	5616.068)	/ 2 )
	=	-79.549	/	4721.036
	=	-1.68 %

3Peakorporated'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 )
	=	-191.744	/	( ( (5907.797 - 291.729)	+	(5806.352 - 266.089) )	/ 2 )
	=	-191.744	/	( ( 5616.068	+	5540.263 )	/ 2 )
	=	-191.744	/	5578.1655
	=	-3.44 %

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

3Peakorporated (SHSE:688536) 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.

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3Peakorporated (SHSE:688536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » 3Peak Incorporated (SHSE:688536) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1, Lane 666, Zhangheng Road, Room 802, 8th Floor, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 200000

Website

http://www.3peakic.com.cn

3Peak Incorporated is a semiconductor company focusing on high quality and high performance Analog products and technologies. The company's products audio amplifiers, video amplifiers, comparators, high-speed convertor, high precision convertor, interface products, linear regulator, power monitoring product, and other related products.

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