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XJ International Holdings Co (HKSE:01765) ROCE % : 0.38% (As of Aug. 2023)


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What is XJ International 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. XJ International Holdings Co's annualized ROCE % for the quarter that ended in Aug. 2023 was 0.38%.


XJ International Holdings Co ROCE % Historical Data

The historical data trend for XJ International 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.

* Premium members only.

XJ International Holdings Co ROCE % Chart

XJ International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Aug21 Aug22 Aug23
ROCE %
Get a 7-Day Free Trial 7.15 10.17 9.36 6.42 4.68

XJ International Holdings Co Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.72 3.66 8.67 0.38 7.63

XJ International Holdings Co ROCE % Calculation

XJ International Holdings Co's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=706.559/( ( (25744.335 - 9435.15) + (24078.786 - 10161.019) )/ 2 )
=706.559/( (16309.185+13917.767)/ 2 )
=706.559/15113.476
=4.68 %

XJ International Holdings Co's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=58.706/( ( (25512.864 - 8611.683) + (24078.786 - 10161.019) )/ 2 )
=58.706/( ( 16901.181 + 13917.767 )/ 2 )
=58.706/15409.474
=0.38 %

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

* 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.


XJ International Holdings Co  (HKSE:01765) 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.


XJ International Holdings Co ROCE % Related Terms

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XJ International Holdings Co (HKSE:01765) Business Description

Traded in Other Exchanges
Address
No. 2000 Xi Qu Avenue, Sichuan TOP IT Vocational Institute, 5th Floor, Administrative Building, Pidu District, Chengdu, CHN, 610091
Hope Education Group Co Ltd is an investment holding company engaged in providing educational services. The company operates higher educational schools which include universities and junior colleges. Some of its colleges are Southwest Jiaotong University Hope Colleges, Business College of Guizhou University of Finance and Economics, Sichuan TOP IT Vocational Institute, and One Technical College among others. Its operating segments are the Domestic education which is the key revenue generating segment, Global education segment and others. The company generates its revenue from tuition fees, boarding fees, sales of books and daily necessities, and others.
Executives
Cantrust (far East) Limited 2301 Trustee
Maysunshine Holdings Limited 2201 Interest of corporation controlled by you
Wang Huiwu 2101 Beneficial owner
Chen Yuxin 2201 Interest of corporation controlled by you
Cheng Du Hua Xi Xi Wang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Te Qu Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Si Chuan Pu Hua Nong Ye Ke Ji Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yi Zeng Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tequ Group A Limited 2201 Interest of corporation controlled by you
Maysunshine Limited 2201 Interest of corporation controlled by you
Hope Education Investment Limited 2101 Beneficial owner
Credit Suisse Trust Limited 2101 Beneficial owner
Zhao Guiqin 2201 Interest of corporation controlled by you
Zhang Qiang 2201 Interest of corporation controlled by you
Tequ Group (hong Kong) Company Limited 2201 Interest of corporation controlled by you

XJ International Holdings Co (HKSE:01765) Headlines

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