QuakeSafe Technologies Co (SZSE:300767) ROCE % : 0.22% (As of Mar. 2024)

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What is QuakeSafe 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. QuakeSafe Technologies Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.22%.

QuakeSafe Technologies Co ROCE % Historical Data

The historical data trend for QuakeSafe 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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QuakeSafe Technologies Co ROCE % Chart

QuakeSafe Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.06

18.38

8.14

8.36

-0.75

QuakeSafe Technologies 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															2.33	3.27	1.59	-10.08	0.22

QuakeSafe Technologies Co ROCE % Calculation

QuakeSafe 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 )
	=	-14.48	/	( ( (2562.564 - 637.231)	+	(2643.996 - 687.587) )	/ 2 )
	=	-14.48	/	( (1925.333	+	1956.409)	/ 2 )
	=	-14.48	/	1940.871
	=	-0.75 %

QuakeSafe Technologies 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 )
	=	4.244	/	( ( (2643.996 - 687.587)	+	(2660.643 - 680.032) )	/ 2 )
	=	4.244	/	( ( 1956.409	+	1980.611 )	/ 2 )
	=	4.244	/	1968.51
	=	0.22 %

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

QuakeSafe Technologies Co (SZSE:300767) 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.

QuakeSafe Technologies Co ROCE % Related Terms

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QuakeSafe Technologies Co (SZSE:300767) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » QuakeSafe Technologies Co Ltd (SZSE:300767) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yutou Road Yuntou Center, Palm Tree Street, 22nd Floor, Building B3, Xishan District, Yunnan Province, Kunming, CHN, 650118

Website

http://www.quakesafe.cn

QuakeSafe Technologies Co Ltd is a China-based company engaged in in the seismic isolation technology and has boosted the seismic damping and mitigation technology like important isolation sector. Based in Southwest China, Quakesafe integrates its seismic isolation and damping expertise with involvement with consultation, structural analysis, and design, manufacture, testing, installation, health monitoring of structures, maintenance and replacement.

Executives

Sun Biao	Executives
Long Yun Gang	Directors, Directors, and Executives
Zhang Xue	Supervisors
Liao Yun Kun	Directors, executives
Zhang Zhi Qiang	Executives

QuakeSafe Technologies Co (SZSE:300767) Headlines

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