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China YuHua Education (HKSE:06169) ROCE % : 5.29% (As of Feb. 2024)


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What is China YuHua Education 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. China YuHua Education's annualized ROCE % for the quarter that ended in Feb. 2024 was 5.29%.


China YuHua Education ROCE % Historical Data

The historical data trend for China YuHua Education'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.

China YuHua Education ROCE % Chart

China YuHua Education Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.90 3.52 25.63 16.97 14.59

China YuHua Education Semi-Annual Data
Aug14 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.65 17.72 15.94 13.04 5.29

China YuHua Education ROCE % Calculation

China YuHua Education'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 )
=1267.938/( ( (13260.147 - 5262.427) + (12941.664 - 3562.634) )/ 2 )
=1267.938/( (7997.72+9379.03)/ 2 )
=1267.938/8688.375
=14.59 %

China YuHua Education's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=477.756/( ( (12941.664 - 3562.634) + (13243.278 - 4561.076) )/ 2 )
=477.756/( ( 9379.03 + 8682.202 )/ 2 )
=477.756/9030.616
=5.29 %

(1) Note: The EBIT data used here is two times the semi-annual (Feb. 2024) 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.


China YuHua Education  (HKSE:06169) 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.


China YuHua Education ROCE % Related Terms

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China YuHua Education (HKSE:06169) Business Description

Traded in Other Exchanges
Address
3 Mazhuang Street, No. 21, 4th Floor, Block 10, Zhengdong New District, Zhengzhou, CHN
China YuHua Education is a leading private education provider based in Henan, China. It currently offers higher education and secondary education after the deconsolidation of K-9 schools in 2021. YuHua operates 10 schools across mainland China and overseas as of August 2023. Total enrolled students reached 125,631 as of February 2023, ranking fourth among listed private higher education providers in China.
Executives
Bank Of America Corporation 2201 Interest of corporation controlled by you
Fischer Seth Hillel
Oasis Investments Ii Master Fund Ltd.
Oasis Investments Ii Offshore Feeder Ltd.
Oasis Management Company Ltd.
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Li Hua 2501 Other
Li Guangyu 2307 Founder of a discretionary trust who can infl
Baikal Lake Investment Holdings Limited 2201 Interest of corporation controlled by you
Guangyu Investment Holdings Limited 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee

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