Capitalonline Data Service Co (SZSE:300846) ROCE % : -12.58% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Capitalonline Data Service 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. Capitalonline Data Service Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -12.58%.

Capitalonline Data Service Co ROCE % Historical Data

The historical data trend for Capitalonline Data Service 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.

Capitalonline Data Service Co ROCE % Chart

Capitalonline Data Service Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.85

7.18

3.68

-12.79

-22.53

Capitalonline Data Service 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															-13.84	-10.52	-11.24	-57.84	-12.58

Capitalonline Data Service Co ROCE % Calculation

Capitalonline Data Service 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 )
	=	-276.071	/	( ( (2170.209 - 753.113)	+	(2084.892 - 1051.036) )	/ 2 )
	=	-276.071	/	( (1417.096	+	1033.856)	/ 2 )
	=	-276.071	/	1225.476
	=	-22.53 %

Capitalonline Data Service 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 )
	=	-148.344	/	( ( (2084.892 - 1051.036)	+	(2326.267 - 1002.462) )	/ 2 )
	=	-148.344	/	( ( 1033.856	+	1323.805 )	/ 2 )
	=	-148.344	/	1178.8305
	=	-12.58 %

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

Capitalonline Data Service Co (SZSE:300846) 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.

Capitalonline Data Service Co ROCE % Related Terms

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

Capitalonline Data Service Co (SZSE:300846) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Capitalonline Data Service Co Ltd (SZSE:300846) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN

Website

http://www.yun-idc.com

Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.

Executives

Yao Wei	Executives
Zhao Yong Zhi	Directors, executives
Guo Li	Executives

Capitalonline Data Service Co (SZSE:300846) Headlines

No Headlines