Return On Capital Employed Overview: China Automotive Systems
China Automotive Systems (NASDAQ: CAAS ) posted Q1 earnings of $2.84 million, an increase from Q4 of 152.55%. Sales dropped to $130.34 million, a 11.03% decrease between quarters. In Q4, China Automotive Systems brought in $146.50 million in sales but lost $5.41 million in earnings. What Is ROCE? 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. A higher ROCE is generally representative of successful growth Full story available on Benzinga.com
Return On Capital Employed Overview: China Automotive Systems
China Automotive Systems (NASDAQ: CAAS ) posted Q1 earnings of $2.84 million, an increase from Q4 of 152.55%. Sales dropped to $130.34 million, a 11.03% decrease between quarters. In Q4, China Automotive Systems brought in $146.50 million in sales but lost $5.41 million in earnings. What Is ROCE? 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. A higher ROCE is generally representative of successful growth Full story available on Benzinga.com