Guangzhou Sie Consulting Co (SZSE:300687) ROCE % : 2.75% (As of Mar. 2024)

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What is Guangzhou Sie Consulting 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. Guangzhou Sie Consulting Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.75%.

Guangzhou Sie Consulting Co ROCE % Historical Data

The historical data trend for Guangzhou Sie Consulting 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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Guangzhou Sie Consulting Co ROCE % Chart

Guangzhou Sie Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.36

15.55

12.56

9.89

8.84

Guangzhou Sie Consulting 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															-2.18	6.08	15.02	16.59	2.75

Guangzhou Sie Consulting Co ROCE % Calculation

Guangzhou Sie Consulting 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 )
	=	260.018	/	( ( (3448.506 - 627.706)	+	(3747.084 - 687.945) )	/ 2 )
	=	260.018	/	( (2820.8	+	3059.139)	/ 2 )
	=	260.018	/	2939.9695
	=	8.84 %

Guangzhou Sie Consulting 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 )
	=	85.992	/	( ( (3747.084 - 687.945)	+	(3700.3 - 510.759) )	/ 2 )
	=	85.992	/	( ( 3059.139	+	3189.541 )	/ 2 )
	=	85.992	/	3124.34
	=	2.75 %

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

Guangzhou Sie Consulting Co (SZSE:300687) 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.

Guangzhou Sie Consulting Co ROCE % Related Terms

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Guangzhou Sie Consulting Co (SZSE:300687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guangzhou Sie Consulting Co Ltd (SZSE:300687) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Zhujiang East Road, Unit 1603-1605, 16th Floor, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

http://www.chinasie.com

Guangzhou Sie Consulting Co Ltd is an information technology consulting company in China. The areas of its services are autonomous technology platform which includes manufacturing execution system, omnichannel marketing e-commerce platform; Oracle system implementation including Oracle cloud products; IT management consulting for strategic design and business process optimization.

Executives

Liu Zi Heng	Directors, executives
Liu Wei Chao	Directors, executives
Ou Yang Xiang Ying	Executives
Zhang Cheng Kang	Directors, executives
Liu Guo Hua	Directors, executives
Guo Li Shan	Supervisors
Wang Hui Fen	Independent director

Guangzhou Sie Consulting Co (SZSE:300687) Headlines

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