Fuchun Technology Co (SZSE:300299) ROCE % : -8.87% (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Fuchun 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. Fuchun Technology Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -8.87%.

Fuchun Technology Co ROCE % Historical Data

The historical data trend for Fuchun 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.

* Premium members only.

Fuchun Technology Co ROCE % Chart

Fuchun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-48.21

12.49

22.34

8.05

1.83

Fuchun Technology 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															6.04	5.45	-3.01	-1.35	-8.87

Fuchun Technology Co ROCE % Calculation

Fuchun 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 )
	=	11.747	/	( ( (1032.632 - 383.24)	+	(1037.735 - 400.063) )	/ 2 )
	=	11.747	/	( (649.392	+	637.672)	/ 2 )
	=	11.747	/	643.532
	=	1.83 %

Fuchun Technology 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 )
	=	-55.96	/	( ( (1037.735 - 400.063)	+	(1031.196 - 407.01) )	/ 2 )
	=	-55.96	/	( ( 637.672	+	624.186 )	/ 2 )
	=	-55.96	/	630.929
	=	-8.87 %

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

Fuchun Technology Co (SZSE:300299) 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.

Fuchun Technology Co ROCE % Related Terms

Thank you for viewing the detailed overview of Fuchun Technology Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fuchun Technology Co (SZSE:300299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fuchun Technology Co Ltd (SZSE:300299) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 89, Tongpan Road, Building 25, Section C, Software Avenue, Gulou District, Fujian Province, Fuzhou, CHN, 350003

Website

http://www.forcom.com.cn

Fuchun Technology Co Ltd is engaged in the provision of communication network constructive technological services. The company provides network development scheme, plans, designs, construction management and business support for communication operators, governments and large enterprises.

Executives

Lin Jian Ping	Secretary Dong
Lin Mei	Executives
Chen Ping	Directors, executives
Mou Pin Zhang	Director
Fan Ping	Directors, executives
Ou Xin Yong	Supervisors
Xu Bin	Executives, directors
Huang Xi	Director
Weng Kun Peng	Supervisors

Fuchun Technology Co (SZSE:300299) Headlines

No Headlines