Uxin (UXIN) ROCE % : -25.49% (As of Dec. 2023)

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What is Uxin 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. Uxin's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.49%.

Uxin ROCE % Historical Data

The historical data trend for Uxin'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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Uxin ROCE % Chart

Uxin Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

ROCE %

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-66.46

-46.90

-55.26

-556.65

-398.36

Uxin Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-909.81	-1,870.16	-373.90	-245.78	-25.49

Uxin ROCE % Calculation

Uxin's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-18.269	/	( ( (197.207 - 204.685)	+	(104.289 - 87.639) )	/ 2 )
	=	-18.269	/	( (-7.478	+	16.65)	/ 2 )
	=	-18.269	/	4.586
	=	-398.36 %

Uxin'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 )
	=	-29.284	/	( ( (101.712 - 73.687)	+	(325.681 - 123.917) )	/ 2 )
	=	-29.284	/	( ( 28.025	+	201.764 )	/ 2 )
	=	-29.284	/	114.8945
	=	-25.49 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Uxin (NAS:UXIN) 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.

Uxin ROCE % Related Terms

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Uxin (UXIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Uxin Ltd (NAS:UXIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16 Guangshun South Avenue, 21st Floor, Donghuang Building, Chaoyang District, Beijing, CHN, 100102

Website

https://www.xin.com

Uxin Ltd is an investment holding company. Along with its subsidiaries, the firm operates used car e-commerce platforms through its mobile applications and websites. It facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. The company generates revenue through sales of the commission of salvage car sales, and interest income from the financial lease.