Telink Semiconductor (Shanghai) Co (SHSE:688591) ROCE % : -0.88% (As of Mar. 2024)

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What is Telink Semiconductor (Shanghai) 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. Telink Semiconductor (Shanghai) Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.88%.

Telink Semiconductor (Shanghai) Co ROCE % Historical Data

The historical data trend for Telink Semiconductor (Shanghai) 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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Telink Semiconductor (Shanghai) Co ROCE % Chart

Telink Semiconductor (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

13.16

-11.82

11.16

5.20

3.08

Telink Semiconductor (Shanghai) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial								3.96	8.17	2.27	2.00	-0.88

Telink Semiconductor (Shanghai) Co ROCE % Calculation

Telink Semiconductor (Shanghai) 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 )
	=	50.634	/	( ( (993.568 - 56.725)	+	(2429.902 - 81.815) )	/ 2 )
	=	50.634	/	( (936.843	+	2348.087)	/ 2 )
	=	50.634	/	1642.465
	=	3.08 %

Telink Semiconductor (Shanghai) 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 )
	=	-20.536	/	( ( (2429.902 - 81.815)	+	(2373.988 - 67.609) )	/ 2 )
	=	-20.536	/	( ( 2348.087	+	2306.379 )	/ 2 )
	=	-20.536	/	2327.233
	=	-0.88 %

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

Telink Semiconductor (Shanghai) Co (SHSE:688591) 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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Telink Semiconductor (Shanghai) Co (SHSE:688591) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Telink Semiconductor (Shanghai) Co Ltd (SHSE:688591) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zuchongzhi Road, Building 3, No. 1500, Zhangjiang Hi-Tech, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.telink-semi.cn

Telink Semiconductor (Shanghai) Co Ltd is a professional integrated circuit design company. It is mainly engaged in the research and development, design and sales of wireless Internet of Things system-level chips, focusing on the frontier of wireless Internet of Things chips.

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