Beijing Bewinner Communications Co (SZSE:002148) ROCE % : 0.33% (As of Mar. 2024)

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What is Beijing Bewinner Communications 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 Bewinner Communications Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.33%.

Beijing Bewinner Communications Co ROCE % Historical Data

The historical data trend for Beijing Bewinner Communications 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 Bewinner Communications Co ROCE % Chart

Beijing Bewinner Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.04

-0.21

1.98

1.67

2.18

Beijing Bewinner Communications Co 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															0.48	1.29	1.54	5.39	0.33

Beijing Bewinner Communications Co ROCE % Calculation

Beijing Bewinner Communications 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 )
	=	26.975	/	( ( (1314.185 - 91.361)	+	(1357.978 - 106.445) )	/ 2 )
	=	26.975	/	( (1222.824	+	1251.533)	/ 2 )
	=	26.975	/	1237.1785
	=	2.18 %

Beijing Bewinner Communications 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 )
	=	4.1	/	( ( (1357.978 - 106.445)	+	(1349.598 - 108.2) )	/ 2 )
	=	4.1	/	( ( 1251.533	+	1241.398 )	/ 2 )
	=	4.1	/	1246.4655
	=	0.33 %

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

Beijing Bewinner Communications Co (SZSE:002148) 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 Bewinner Communications Co ROCE % Related Terms

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Beijing Bewinner Communications Co (SZSE:002148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Beijing Bewinner Communications Co Ltd (SZSE:002148) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 22 Shou Ti South Street, Guo Xing Tower, 5F, Haidian District, Beijing, Beijing, CHN, 100044

Website

http://www.bisp.com

Beijing Bewinner Communications Co Ltd operates as a mobile Internet service provider in China. The company offers mobile value-added services; virtual operator services; cloud communications services; SMS services; mobile Internet services to the aviation industry; and mobile game distribution, as well as lottery services, including lottery software.

Executives

Peng Wei	Director
Zhang Jun	Directors, executives
Liu Ning	Directors, executives
Huang Xiao	Secretary Dong
Fu Le Min	Directors, executives
Li Jin Tao	Independent director
Xu Jian Guo	Director

Beijing Bewinner Communications Co (SZSE:002148) Headlines

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