ROA关注于资产的有效使用，ROCE用来显示一个公司如何有效地使用其资

ROA focuses on the effective use of assets, ROCE is used to show how a company effectively uses its capital to generate profits. The calculation shows that from 2017 to 2019, capita's ROCE increased from -26.414 to 2.017% and then fell back to 0.024%. ROA increased from -9.502% to 0.853% and then fell back to 0.010%. Both were very low in 2017, but there was a big increase in 2018 and a slight decrease in 2019. <br>In 2017, Capita lacked a clear strategy and focused on short-term operations. This led to short-term decisions in pursuit of short-term growth and annual profitability at the expense of long-term sustainability planning. In 2018, the company entered into a transformation. The company simplified unnecessary procedures and more stringent contract review, balancing risks and profits. <br>In 2019, Capita regards long-term contract revenue as the value delivered to customers, but in the transformation phase will incur greater costs, so ROA and ROCE have declined

ROA focuses on the efficient use of assets, and ROCE is used to show how a company uses its capital effectively to generate profits. From 2017 to 2019, Capita's ROCE grew from -26.414 to 2.017 percent and fell back to 0.024 percent. ROA increased from -9.502% to 0.853% and fell back to 0.010%. It was very low in 2017, but there was a big increase in 2018 and a small decline in 2019.<br>Capita's lack of a clear strategy to focus on the short term in 2017 has led to short-term decisions for short-term growth and annual profitability at the expense of long-term sustainability planning. In 2018, the company went into transition, simplifying unnecessary procedures and reviewing contracts more rigorously, balancing risk and profit.<br>In 2019, Capita sees long-term contract revenue as value delivered to customers, but the ROA and ROCE are down as a result of higher costs during the transition phase

ROA focuses on the efficient use of assets, and roce is used to show how a company can effectively use its capital to generate profits. According to the calculation, from 2017 to 2019, the roce of capita increased from - 26.414% to 2.017%, and then decreased to 0.024%. ROA increased from - 9.502% to 0.853%, and then fell back to 0.010%. They are all very low in 2017, but there is a big growth in 2018 and a small decrease in 2019.<br>In 2017, capita lacked a clear strategy and focused on short-term operations, which led to short-term decision-making in pursuit of short-term growth and annual profitability, at the expense of long-term sustainability planning. In 2018, the company entered into transformation. The company simplified unnecessary procedures and more stringent contract audit, balancing risk and profit.<br>In 2019, capita regards long-term contract revenue as the value delivered to customers, but there will be greater costs in the transition phase, so ROA and roce have declined