Navinfo Co (SZSE:002405) ROCE % : -6.65% (As of Mar. 2024)

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What is Navinfo 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. Navinfo Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -6.65%.

Navinfo Co ROCE % Historical Data

The historical data trend for Navinfo 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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Navinfo Co ROCE % Chart

Navinfo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.65

-4.10

1.44

-3.85

-12.23

Navinfo 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															-3.64	-6.81	-7.65	-30.76	-6.65

Navinfo Co ROCE % Calculation

Navinfo 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 )
	=	-1367.159	/	( ( (14010.798 - 1813.849)	+	(12412.248 - 2254.939) )	/ 2 )
	=	-1367.159	/	( (12196.949	+	10157.309)	/ 2 )
	=	-1367.159	/	11177.129
	=	-12.23 %

Navinfo 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 )
	=	-670.6	/	( ( (12412.248 - 2254.939)	+	(12032.785 - 2009.721) )	/ 2 )
	=	-670.6	/	( ( 10157.309	+	10023.064 )	/ 2 )
	=	-670.6	/	10090.1865
	=	-6.65 %

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

Navinfo Co (SZSE:002405) 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.

Navinfo Co ROCE % Related Terms

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Navinfo Co (SZSE:002405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Navinfo Co Ltd (SZSE:002405) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094

Website

http://www.navinfo.com

Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.

Executives

Wan Tie Jun	Executives
Bi Lei	Directors, executives
Meng Qing Xin	Directors, executives
Liang Yong Jie	Executives
Jin Shui Xiang	Executives
Song Tie Hui	Executives
Cheng Peng	Directors, executives
Sun Yu Guo	Director
Dai Dong Hai	Executives
Jing Mu Han	Executives
Qin Fang	Securities Affairs Representative
Jiang Xiao Ming	Executives
Xu Jin Hui	Supervisors
Lai Feng Fu	Executives
Cao Xiao Hang	Executives

Navinfo Co (SZSE:002405) Headlines

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