Poco Holdings Co (SZSE:300811) ROCE % : 23.44% (As of Jun. 2024)

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What is Poco Holdings 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. Poco Holdings Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 23.44%.

Poco Holdings Co ROCE % Historical Data

The historical data trend for Poco Holdings 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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Poco Holdings Co ROCE % Chart

Poco Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.51

15.13

14.97

15.47

14.93

Poco Holdings Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															16.22	12.89	14.50	15.62	23.44

Poco Holdings Co ROCE % Calculation

Poco Holdings 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 )
	=	308.354	/	( ( (2248.587 - 355.486)	+	(2511.722 - 273.564) )	/ 2 )
	=	308.354	/	( (1893.101	+	2238.158)	/ 2 )
	=	308.354	/	2065.6295
	=	14.93 %

Poco Holdings Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	552.34	/	( ( (2597.026 - 285.584)	+	(2756.436 - 355.518) )	/ 2 )
	=	552.34	/	( ( 2311.442	+	2400.918 )	/ 2 )
	=	552.34	/	2356.18
	=	23.44 %

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

Poco Holdings Co (SZSE:300811) 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.

Poco Holdings Co ROCE % Related Terms

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Poco Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poco Holdings Co Ltd (SZSE:300811) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 28, Langshan Road, 3rd Floor, Building 2, Room 301-306, Northern District of High Technology Industry Park, Nanshan District, Shenzhen, CHN

Website

http://www.pocomagnetic.com

Poco Holdings Co Ltd is engaged in production and sales of alloy powder. The company manufactures magnetic materials, inductors, chip inductors, coils, magnetic electronic components and related equipment; stainless steel powder, steel alloy powder, iron powder, copper powder, aluminum powder, special metal alloy powder.

Executives

Du Jiang Hua	Director
Luo Zhi Min	Directors, executives
Ruan Jia Lin	Directors, Directors, and Executives
Guo Xiong Zhi	Directors, executives
You Xin	Executives
Li Zheng Ping	Securities Affairs Representative

Poco Holdings Co Headlines

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