Beijing Seeyon Internet Software (SHSE:688369) ROCE % : -8.83% (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Beijing Seeyon Internet Software 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 Seeyon Internet Software's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.83%.

Beijing Seeyon Internet Software ROCE % Historical Data

The historical data trend for Beijing Seeyon Internet Software'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.

Beijing Seeyon Internet Software ROCE % Chart

Beijing Seeyon Internet Software Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.35

7.83

10.03

6.58

-2.80

Beijing Seeyon Internet Software 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															-11.26	16.74	-15.09	-1.45	-8.83

Beijing Seeyon Internet Software ROCE % Calculation

Beijing Seeyon Internet Software'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 )
	=	-41.084	/	( ( (1950.458 - 453.621)	+	(1890.826 - 449.035) )	/ 2 )
	=	-41.084	/	( (1496.837	+	1441.791)	/ 2 )
	=	-41.084	/	1469.314
	=	-2.80 %

Beijing Seeyon Internet Software'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 )
	=	-125.988	/	( ( (1890.826 - 449.035)	+	(1787.01 - 376.224) )	/ 2 )
	=	-125.988	/	( ( 1441.791	+	1410.786 )	/ 2 )
	=	-125.988	/	1426.2885
	=	-8.83 %

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

Beijing Seeyon Internet Software (SHSE:688369) 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 Seeyon Internet Software ROCE % Related Terms

Thank you for viewing the detailed overview of Beijing Seeyon Internet Software's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Seeyon Internet Software (SHSE:688369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Seeyon Internet Software Corp (SHSE:688369) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 25, Beiwu Village Road, Block N, Jingxinyuan, Haidian District, Beijing, CHN, 100195

Website

http://www.seeyon.com

Beijing Seeyon Internet Software Corp is a collaborative management software and cloud service provider in China.

Executives

Xiang Qi Han	Directors, senior managers
Hu Shou Yun	Core technical personnel
Yang Zhi Xiong	Core technical personnel
Xu Shi	Directors, senior managers, core technical personn
Tao Wei Hao	senior management
Yang Ping Yong	Director

Beijing Seeyon Internet Software (SHSE:688369) Headlines

No Headlines