China Beidahuang Industry Group Holdings (HKSE:00039) ROCE % : -11.26% (As of Dec. 2023)

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What is China Beidahuang Industry Group 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. China Beidahuang Industry Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.26%.

China Beidahuang Industry Group Holdings ROCE % Historical Data

The historical data trend for China Beidahuang Industry Group 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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China Beidahuang Industry Group Holdings ROCE % Chart

China Beidahuang Industry Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.24

5.67

-3.72

-5.80

-5.41

China Beidahuang Industry Group Holdings Semi-Annual Data
	Jun14	Dec14	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															-11.58	-0.53	-12.08	-0.41	-11.26

China Beidahuang Industry Group Holdings ROCE % Calculation

China Beidahuang Industry Group 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 )
	=	-44.309	/	( ( (1944.974 - 1022.457)	+	(1862.232 - 1147.626) )	/ 2 )
	=	-44.309	/	( (922.517	+	714.606)	/ 2 )
	=	-44.309	/	818.5615
	=	-5.41 %

China Beidahuang Industry Group 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 )
	=	-85.064	/	( ( (1895.786 - 1099.033)	+	(1862.232 - 1147.626) )	/ 2 )
	=	-85.064	/	( ( 796.753	+	714.606 )	/ 2 )
	=	-85.064	/	755.6795
	=	-11.26 %

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

China Beidahuang Industry Group Holdings (HKSE:00039) 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 Beidahuang Industry Group Holdings ROCE % Related Terms

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China Beidahuang Industry Group Holdings (HKSE:00039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » China Beidahuang Industry Group Holdings Ltd (HKSE:00039) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Wang Kwong Road, Room 225, 2nd Floor, Mega Cube, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/chinabeidahuang

China Beidahuang Industry Group Holdings Ltd is an investment holding company. It is organized into six segments. The wine and Liquor segment is engaged in the sale and distribution of wine and liquor; the Trading of food products segment is engaged in wholesaling and retailing of staple food, cooking oil, alcohol and beverage, frozen and fresh food, commodity hog; Construction and development segment is engaged in the construction and land development; Mineral products segment is engaged in the flotation selection of non-ferrous metals mines and sales of mineral products; Rental segment is engaged in the leasing of logistic facilities in Hong Kong and office facilities in the People's Republic of China; Financial Leasing segment is engaged in the provision of financial leasing services.

Executives

Li Zhuoxun	2202 Interest of your spouse
Jiang Jianjun	2101 Beneficial owner
China Dynamic (hong Kong) Limited	2101 Beneficial owner
Cis Fund Ofc - China Qujiang Fund	2201 Interest of corporation controlled by you
Cis Securities Asset Management Limited	2102 Investment manager
Chen Jiayi	2202 Interest of your spouse
Wang Fang	2202 Interest of your spouse
Bei Da Huang Xiang Gang Guo Ji Mao Yi You Xian Gong Si
Hei Long Jiang Bei Da Huang Nong Ken Ji Tuan Zong Gong Si

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