Fengzhushou Co (SZSE:301382) ROCE % : 8.75% (As of Mar. 2024)

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What is Fengzhushou 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. Fengzhushou Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.75%.

Fengzhushou Co ROCE % Historical Data

The historical data trend for Fengzhushou 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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Fengzhushou Co ROCE % Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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27.46

28.29

20.34

19.21

13.79

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial														19.06	12.82	6.70	15.28	8.75

Fengzhushou Co ROCE % Calculation

Fengzhushou 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 )
	=	171.47	/	( ( (1125.692 - 397.694)	+	(2048.118 - 288.966) )	/ 2 )
	=	171.47	/	( (727.998	+	1759.152)	/ 2 )
	=	171.47	/	1243.575
	=	13.79 %

Fengzhushou 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 )
	=	154.544	/	( ( (2048.118 - 288.966)	+	(2157.343 - 385.771) )	/ 2 )
	=	154.544	/	( ( 1759.152	+	1771.572 )	/ 2 )
	=	154.544	/	1765.362
	=	8.75 %

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

Fengzhushou Co (SZSE:301382) 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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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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