CNQC International Holdings (HKSE:01240) ROCE % : -1.79% (As of Dec. 2023)

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What is CNQC International Holdings 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. CNQC International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.79%.

CNQC International Holdings ROCE % Historical Data

The historical data trend for CNQC International Holdings'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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CNQC International Holdings ROCE % Chart

CNQC International Holdings Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.60

5.18

5.57

-3.93

-0.14

CNQC International Holdings Semi-Annual Data
	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															5.54	5.52	-14.38	1.39	-1.79

CNQC International Holdings ROCE % Calculation

CNQC International Holdings'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 )
	=	-6.657	/	( ( (12179.43 - 6973.408)	+	(11121.372 - 7052.393) )	/ 2 )
	=	-6.657	/	( (5206.022	+	4068.979)	/ 2 )
	=	-6.657	/	4637.5005
	=	-0.14 %

CNQC International Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-93.976	/	( ( (11412.655 - 4983.745)	+	(11121.372 - 7052.393) )	/ 2 )
	=	-93.976	/	( ( 6428.91	+	4068.979 )	/ 2 )
	=	-93.976	/	5248.9445
	=	-1.79 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

CNQC International Holdings (HKSE:01240) 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.

CNQC International Holdings ROCE % Related Terms

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CNQC International Holdings (HKSE:01240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CNQC International Holdings Ltd (HKSE:01240) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 8th floor, Enterprise Square Phase Three, Kowloon Bay, Hong Kong, HKG

Website

https://www.cnqc.com.hk

CNQC International Holdings Ltd is engaged in the development of properties. Along with subsidiaries, the company operates through four segments. The Foundation and construction - Hong Kong and Macau segment mainly represent the provision of foundation and construction work to property developers, loaning of labor and rental of machinery in Hong Kong and Macau. The Construction - Singapore and Southeast Asia segment mainly represents the provision of construction work to property developers, sales of goods, loaning of labor and rental of equipment in Singapore and Southeast Asia. The Property development - Singapore and Southeast Asia and Property development - Hong Kong segment represent the sales of completed property units in Singapore and Southeast Asia and Hong Kong.

Executives

Qingdao Zhixinda Enterprise Management Partnership(limited Partnership)	2201 Interest of corporation controlled by you
Qingdao Qingjian Holdings Co	2201 Interest of corporation controlled by you
Guotsing Holding Group Co. Ltd.	2201 Interest of corporation controlled by you
Du Bo	2201 Interest of corporation controlled by you
Du Dexiang	2201 Interest of corporation controlled by you
Shang Hai He Li Yuan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Cnqc Development Limited	2101 Beneficial owner
Zuo Haibin	2101 Beneficial owner
Zhang Zhihua	2101 Beneficial owner

CNQC International Holdings (HKSE:01240) Headlines

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