ROCE Insights For China Automotive Systems
Looking at Q1, China Automotive Systems (NASDAQ: CAAS ) earned $2.84 million, a 152.55% increase from the preceding quarter. China Automotive Systems''s sales decreased to $130.34 million, a 11.03% change since Q4. In Q4, China Automotive Systems brought in $146.50 million in sales but lost $5.41 million in earnings. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. Full story available on Benzinga.com
ROCE Insights For China Automotive Systems
Looking at Q1, China Automotive Systems (NASDAQ: CAAS ) earned $2.84 million, a 152.55% increase from the preceding quarter. China Automotive Systems''s sales decreased to $130.34 million, a 11.03% change since Q4. In Q4, China Automotive Systems brought in $146.50 million in sales but lost $5.41 million in earnings. Why ROCE Is Significant Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. Full story available on Benzinga.com