Newlink Technology (HKSE:09600) ROCE % : -10.20% (As of Dec. 2023)

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What is Newlink Technology 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. Newlink Technology's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.20%.

Newlink Technology ROCE % Historical Data

The historical data trend for Newlink Technology'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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Newlink Technology ROCE % Chart

Newlink Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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27.37

21.04

3.49

2.39

-7.83

Newlink Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							3.59	4.53	0.47	-5.73	-10.20

Newlink Technology ROCE % Calculation

Newlink Technology'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 )
	=	-76.18	/	( ( (1106.892 - 77.924)	+	(1036.558 - 120.592) )	/ 2 )
	=	-76.18	/	( (1028.968	+	915.966)	/ 2 )
	=	-76.18	/	972.467
	=	-7.83 %

Newlink Technology'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-95.482	/	( ( (1068.072 - 111.903)	+	(1036.558 - 120.592) )	/ 2 )
	=	-95.482	/	( ( 956.169	+	915.966 )	/ 2 )
	=	-95.482	/	936.0675
	=	-10.20 %

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

Newlink Technology (HKSE:09600) 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.

Newlink Technology ROCE % Related Terms

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Newlink Technology (HKSE:09600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newlink Technology Inc (HKSE:09600) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xueqing Road, 5th Floor, Tower A, Xueqing Jiachuang Building, Haidian District, Beijing, CHN, 100083

Website

https://www.xnewtech.com

Newlink Technology Inc is an investment holding company that provides IT solutions, technology-driven IT solutions based on self-developed software products. It provides traditional solution services to its customers involved in specific industries, such as finance, medical, transportation, and logistics as well as general industries. Geographically, all business activities are carried out in China.

Executives

Nebula Sc Holdings Limited	2101 Beneficial owner
Zhai Shuchun	2201 Interest of corporation controlled by you
Earnest Kai Holdings Limited	2101 Beneficial owner
Yuan Yukai	2201 Interest of corporation controlled by you
Guo Hao	2101 Beneficial owner
Wong Shumin	2202 Interest of your spouse
Zhai Shuchun	2201 Interest of corporation controlled by you

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