UniTTEC Co (SZSE:000925) ROCE % : -1.72% (As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is UniTTEC 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. UniTTEC Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.72%.

UniTTEC Co ROCE % Historical Data

The historical data trend for UniTTEC 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.

UniTTEC Co ROCE % Chart

UniTTEC Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.38

3.88

10.29

4.61

3.18

UniTTEC 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															-1.75	0.80	1.42	11.46	-1.72

UniTTEC Co ROCE % Calculation

UniTTEC 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 )
	=	136.588	/	( ( (7306.766 - 3259.4)	+	(7513.505 - 2965.078) )	/ 2 )
	=	136.588	/	( (4047.366	+	4548.427)	/ 2 )
	=	136.588	/	4297.8965
	=	3.18 %

UniTTEC 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 )
	=	-77.796	/	( ( (7513.505 - 2965.078)	+	(7289.913 - 2805.479) )	/ 2 )
	=	-77.796	/	( ( 4548.427	+	4484.434 )	/ 2 )
	=	-77.796	/	4516.4305
	=	-1.72 %

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

UniTTEC Co (SZSE:000925) 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.

UniTTEC Co ROCE % Related Terms

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

UniTTEC Co (SZSE:000925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » UniTTEC Co Ltd (SZSE:000925) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 1785 Jianghan Road, The 17th Floor of Number 4 Building, Binjiang District, Hangzhou, CHN, 310051

Website

http://www.unittec.com

UniTTEC Co Ltd is a China-based company involved in the manufacturing of semiconductors. Its main products include polished mono-crystalline silicon wafers and mono-crystalline silicon grinding disc for integrated circuits and discrete devices; silicon wafer and power switch tube among others. The company is also involved in Water treatment, Smart Lighting, and Rail Transit businesses.

Executives

Pan Li Chun	Director
Luo Jian Qiang	Executives
Bian Jin Fei	Executives
He Hao	Executives
Lou Hong Hai	Directors, executives
Zhao Qin	Directors, executives
Tang Xin Liang	Director
Ling Zhu Jun	Executives
Wang Zhen Yu	Executives
Shi Xiu Xia	Executives
Li Jun	Directors, executives
Lu Xi Wei	Executives
Pan Rong	Executives
Chen Jun	Directors, executives
Jiang Xiang Yang	Executives

UniTTEC Co (SZSE:000925) Headlines

No Headlines