Business-intelligence of Oriental Nations (SZSE:300166) ROCE % : -0.30% (As of Mar. 2024)

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What is Business-intelligence of Oriental Nations 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. Business-intelligence of Oriental Nations's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.30%.

Business-intelligence of Oriental Nations ROCE % Historical Data

The historical data trend for Business-intelligence of Oriental Nations'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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Business-intelligence of Oriental Nations ROCE % Chart

Business-intelligence of Oriental Nations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.30

5.95

4.77

-5.36

-6.89

Business-intelligence of Oriental Nations 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															3.19	0.19	2.56	-32.96	-0.30

Business-intelligence of Oriental Nations ROCE % Calculation

Business-intelligence of Oriental Nations'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 )
	=	-462.021	/	( ( (8075.167 - 1251.026)	+	(7710.057 - 1126.788) )	/ 2 )
	=	-462.021	/	( (6824.141	+	6583.269)	/ 2 )
	=	-462.021	/	6703.705
	=	-6.89 %

Business-intelligence of Oriental Nations'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 )
	=	-19.64	/	( ( (7710.057 - 1126.788)	+	(7677.781 - 1202.066) )	/ 2 )
	=	-19.64	/	( ( 6583.269	+	6475.715 )	/ 2 )
	=	-19.64	/	6529.492
	=	-0.30 %

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

Business-intelligence of Oriental Nations (SZSE:300166) 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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Business-intelligence of Oriental Nations (SZSE:300166) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Business-intelligence of Oriental Nations Corp Ltd (SZSE:300166) » Definitions » ROCE %

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Address

Chuangda 3rd Road, Number 1 Courtyard, Dongfang Guoxin Building, Building 1, Chaoyang District, Laiguangying, Beijing, CHN, 100102

Website

http://www.bonc.com.cn

Business-intelligence of Oriental Nations Corp Ltd is a China-based big data technology company. It has created a big data core for big data collection, aggregation, processing, storage, analysis, mining, application, and management. The products and services of the company include Big data product, Big data operation, and System integration and operation and maintenance.

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