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Beijing Fourth Paradigm Technology Co (HKSE:06682) ROCE % : -9.28% (As of Dec. 2023)


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What is Beijing Fourth Paradigm 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. Beijing Fourth Paradigm Technology Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.28%.


Beijing Fourth Paradigm Technology Co ROCE % Historical Data

The historical data trend for Beijing Fourth Paradigm 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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Beijing Fourth Paradigm Technology Co ROCE % Chart

Beijing Fourth Paradigm Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
-31.96 -31.13 -17.38 -9.28

Beijing Fourth Paradigm Technology Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
ROCE % -31.96 -31.13 -17.38 -9.28

Beijing Fourth Paradigm Technology Co ROCE % Calculation

Beijing Fourth Paradigm 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 )
=-546.892/( ( (7503.188 - 1732.146) + (7817.537 - 1797.243) )/ 2 )
=-546.892/( (5771.042+6020.294)/ 2 )
=-546.892/5895.668
=-9.28 %

Beijing Fourth Paradigm Technology Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=-546.892/( ( (7503.188 - 1732.146) + (7817.537 - 1797.243) )/ 2 )
=-546.892/( ( 5771.042 + 6020.294 )/ 2 )
=-546.892/5895.668
=-9.28 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

* 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.


Beijing Fourth Paradigm Technology Co  (HKSE:06682) 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.


Beijing Fourth Paradigm Technology Co ROCE % Related Terms

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Beijing Fourth Paradigm Technology Co (HKSE:06682) Business Description

Traded in Other Exchanges
N/A
Address
No. 66 Qinghe Middle Street, No. L01301-1, Level 13 Building 1, Haidian, Beijing, CHN
Beijing Fourth Paradigm Technology Co Ltd is a leader in enterprise AI. It is an AI software company that focuses on providing platform-centric AI software that enables enterprises to develop their own decision-making AI applications. Its enterprise-level solutions are designed to serve enterprises, rather than individuals. It offers platform-centric AI solutions that can be rapidly deployed by enterprises on a large scale to uncover hidden patterns in data and comprehensively enhance their decision-making capabilities.
Executives
Hongshan Capital Venture Fund V, L.p.
Hsg Holding Limited
Hsg Venture V Management, L.p.
Hsg Venture V-mars (hk) Limited
Snp China Enterprises Limited
Shen Nan Peng
He Nan Guo Xin Qi Di Ji Jin Guan Li You Xian Gong Si
He Nan Guo Xin Qi Di Gu Quan Tou Zi Ji Jin You Xian He Huo
Smart Dynamic Limited 2201 Interest of corporation controlled by you
Bei Jing Chuang Xin Gong Chang Chuang Ye Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Bei Jing Hu Lian Chuang Xin Gong Chang Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Chuang Xin Gong Chang Xia Men Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Pu Rui Gu Quan Tou Zi Tian Jin He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Pu Rui Guan Li Zi Xun Tian Jin You Xian Gong Si 2201 Interest of corporation controlled by you

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