Bonree Data Technology Co (SHSE:688229) ROCE % : -11.84% (As of Sep. 2024)

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What is Bonree Data 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. Bonree Data Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -11.84%.

Bonree Data Technology Co ROCE % Historical Data

The historical data trend for Bonree Data 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.

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Bonree Data Technology Co ROCE % Chart

Bonree Data Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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36.15

4.79

-11.43

-14.66

-17.58

Bonree Data Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-16.32	-22.46	-10.38	-28.28	-11.84

Bonree Data Technology Co ROCE % Calculation

Bonree Data 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 )
	=	-106.718	/	( ( (715.269 - 55.18)	+	(607.029 - 53.164) )	/ 2 )
	=	-106.718	/	( (660.089	+	553.865)	/ 2 )
	=	-106.718	/	606.977
	=	-17.58 %

Bonree Data Technology Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-57.076	/	( ( (546.165 - 61.655)	+	(520.505 - 40.556) )	/ 2 )
	=	-57.076	/	( ( 484.51	+	479.949 )	/ 2 )
	=	-57.076	/	482.2295
	=	-11.84 %

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

Bonree Data Technology Co (SHSE:688229) 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.

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Bonree Data Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bonree Data Technology Co Ltd (SHSE:688229) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, No. 46 Dongzhong Street, Dongcheng District, Beijing, CHN, 100027

Website

http://www.bonree.com

Bonree Data Technology Co Ltd is an application performance management service provider in China. The company establishes a visual full-business chain performance management system for enterprises to ensure that performance problems at all levels are accurately discovered and located, helping enterprises quickly grasp the impact of application performance on the business, and quickly optimize application performance and IT cost investment in a targeted manner, thereby improving the efficiency and quality of IT system support for digital services, helping companies reduce costs and losses, and improving user experience and business development.

Executives

Jiao Ruo Lei	Director
Hou Jian Kang	Supervisors
Wang Li Min	Director

Bonree Data Technology Co Headlines

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