Guangdong Anjubao Digital Technology Co (SZSE:300155) ROCE % : -1.94% (As of Mar. 2024)

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What is Guangdong Anjubao Digital Technology 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. Guangdong Anjubao Digital Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.94%.

Guangdong Anjubao Digital Technology Co ROCE % Historical Data

The historical data trend for Guangdong Anjubao Digital Technology 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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Guangdong Anjubao Digital Technology Co ROCE % Chart

Guangdong Anjubao Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.95

9.53

1.57

-4.46

-4.04

Guangdong Anjubao Digital Technology 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															-0.60	3.24	-0.11	-18.69	-1.94

Guangdong Anjubao Digital Technology Co ROCE % Calculation

Guangdong Anjubao Digital Technology 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 )
	=	-55.317	/	( ( (1595.681 - 203.589)	+	(1516.823 - 171.986) )	/ 2 )
	=	-55.317	/	( (1392.092	+	1344.837)	/ 2 )
	=	-55.317	/	1368.4645
	=	-4.04 %

Guangdong Anjubao Digital Technology 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 )
	=	-26.048	/	( ( (1516.823 - 171.986)	+	(1483.269 - 141.004) )	/ 2 )
	=	-26.048	/	( ( 1344.837	+	1342.265 )	/ 2 )
	=	-26.048	/	1343.551
	=	-1.94 %

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

Guangdong Anjubao Digital Technology Co (SZSE:300155) 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.

Guangdong Anjubao Digital Technology Co ROCE % Related Terms

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Guangdong Anjubao Digital Technology Co (SZSE:300155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guangdong Anjubao Digital Technology Co Ltd (SZSE:300155) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 6 Qiyun Road, Science City, Guangzhou High-tech Industrial Development Zone, Guangzhou, CHN, 5106635

Website

http://www.anjubao.com

Guangdong Anjubao Digital Technology Co Ltd is engaged in providing production, sales, and service of intelligent building system, security system cable, host extension management machine, terminal accessories, parking system, channel system, and special cable.

Executives

Huang Wei Ning	Directors, executives
Wu Ruo Shun	Executives
Zhang Pin	Directors, executives
Luo Wei Ming	Securities Affairs Representative
Zhang Bo	Directors, executives
Yuan Li Sha	Supervisors
Zhang Fang Fang	Independent director
Chen Ping	Directors, executives
Li Le Ni	Director
Huang Xiao Jin	Executives
Huang Guang Ming	Executives
Huang Wen Sen	Executives
Zhang Rui Bin	Executives
Zhang Shu Ming	Executives

Guangdong Anjubao Digital Technology Co (SZSE:300155) Headlines

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