Hevol Services Group Co (HKSE:06093) ROCE % : 13.98% (As of Dec. 2023)

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What is Hevol Services Group 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. Hevol Services Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.98%.

Hevol Services Group Co ROCE % Historical Data

The historical data trend for Hevol Services Group 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.

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Hevol Services Group Co ROCE % Chart

Hevol Services Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.13

29.97

29.59

16.51

17.67

Hevol Services Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									30.06	24.16	10.16	21.66	13.98

Hevol Services Group Co ROCE % Calculation

Hevol Services Group Co'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 )
	=	157.34	/	( ( (1823.889 - 968.953)	+	(1807.44 - 881.077) )	/ 2 )
	=	157.34	/	( (854.936	+	926.363)	/ 2 )
	=	157.34	/	890.6495
	=	17.67 %

Hevol Services Group Co'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 )
	=	126.478	/	( ( (1828.918 - 945.79)	+	(1807.44 - 881.077) )	/ 2 )
	=	126.478	/	( ( 883.128	+	926.363 )	/ 2 )
	=	126.478	/	904.7455
	=	13.98 %

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

Hevol Services Group Co (HKSE:06093) 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.

Hevol Services Group Co ROCE % Related Terms

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Hevol Services Group Co (HKSE:06093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hevol Services Group Co Ltd (HKSE:06093) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081

Website

http://www.hevolwy.com.cn

Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.

Executives

Brilliant Brother Group Limited	2101 Beneficial owner
Liu Hong	2202 Interest of your spouse
Liu Jiang	2201 Interest of corporation controlled by you

Hevol Services Group Co (HKSE:06093) Headlines

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