Xi'an Haitian Antenna Technologies Co (HKSE:08227) ROCE % : 0.00% (As of Dec. 2023)

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What is Xi'an Haitian Antenna Technologies 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. Xi'an Haitian Antenna Technologies Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Xi'an Haitian Antenna Technologies Co ROCE % Historical Data

The historical data trend for Xi'an Haitian Antenna Technologies 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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Xi'an Haitian Antenna Technologies Co ROCE % Chart

Xi'an Haitian Antenna Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-64.32

-78.36

-57.79

-143.43

Xi'an Haitian Antenna Technologies Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-460.27	-201.89	-608.20	-	-

Xi'an Haitian Antenna Technologies Co ROCE % Calculation

Xi'an Haitian Antenna Technologies 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 )
	=	-46.199	/	( ( (103.01 - 88.595)	+	(64.057 - 86.627) )	/ 2 )
	=	-46.199	/	( (14.415	+	-22.57)	/ 2 )
	=	-46.199	/	-4.0775
	=	1,133.02 %

Xi'an Haitian Antenna Technologies 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-113.084	/	( ( (88.182 - 92.616)	+	(64.057 - 86.627) )	/ 2 )
	=	-113.084	/	( ( -4.434	+	-22.57 )	/ 2 )
	=	-113.084	/	-13.502
	=	0 %

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

Xi'an Haitian Antenna Technologies Co (HKSE:08227) 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.

Xi'an Haitian Antenna Technologies Co ROCE % Related Terms

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Xi'an Haitian Antenna Technologies Co (HKSE:08227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xi'an Haitian Antenna Technologies Co Ltd (HKSE:08227) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.25 Shuoshi Road, Hi-tech Industrial Development Zone, Shaanxi Province, Xi’an, CHN

Website

http://www.xaht.com

Xi'an Haitian Antenna Technologies Co Ltd is mainly engaged in the manufacturing of communication equipment and also the sale of poultry products. The company operates in four segments based on its sales: Antenna products & provision of related services, Underwater monitoring products & related products, Aircraft products, and Agricultural products. Its product portfolio includes underwater imaging, underwater machinery, drones, avionics imaging, monitoring, automotive electronics, mechanical equipment, and others. The majority is from the Antenna products & provision of related services.

Executives

Hongkong Jinsheng Enterprise Co.,limited	2101 Beneficial owner
Wang Bing	2201 Interest of corporation controlled by you
Chen Wei	2101 Beneficial owner
Huang Lihou	2101 Beneficial owner
Oceanic Bliss Holdings Limited	2101 Beneficial owner

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