C&D International Investment Group (HKSE:01908) ROCE % : 7.92% (As of Dec. 2023)

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What is C&D International Investment Group 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. C&D International Investment Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.92%.

C&D International Investment Group ROCE % Historical Data

The historical data trend for C&D International Investment Group'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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C&D International Investment Group ROCE % Chart

C&D International Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.88

7.89

5.75

5.86

5.37

C&D International Investment Group 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															9.05	2.61	9.30	2.67	7.92

C&D International Investment Group ROCE % Calculation

C&D International Investment Group'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 )
	=	9810.334	/	( ( (439386.11 - 256323.45)	+	(467347.122 - 285323.665) )	/ 2 )
	=	9810.334	/	( (183062.66	+	182023.457)	/ 2 )
	=	9810.334	/	182543.0585
	=	5.37 %

C&D International Investment Group'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 )
	=	14667.464	/	( ( (513793.91 - 325347.157)	+	(467347.122 - 285323.665) )	/ 2 )
	=	14667.464	/	( ( 188446.753	+	182023.457 )	/ 2 )
	=	14667.464	/	185235.105
	=	7.92 %

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

C&D International Investment Group (HKSE:01908) 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.

C&D International Investment Group ROCE % Related Terms

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C&D International Investment Group (HKSE:01908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » C&D International Investment Group Ltd (HKSE:01908) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

213 Queen’s Road East, Office No. 3517, 35th Floor, Wu Chung House, Wanchai, Hong Kong, HKG

Website

https://www.cndintl.com

C&D International Investment Group Ltd is an investment holding company engaged in the real estate sector. The company operates in a single segment of property development and generates the majority of its revenue from China.

C&D International Investment Group (HKSE:01908) Headlines

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