Runhua Living Service Group Holdings (HKSE:02455) ROCE % : 16.70% (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Runhua Living Service 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. Runhua Living Service Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 16.70%.

Runhua Living Service Group Holdings ROCE % Historical Data

The historical data trend for Runhua Living Service 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.

* Premium members only.

Runhua Living Service Group Holdings ROCE % Chart

Runhua Living Service Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

35.72

46.50

29.44

19.54

16.79

Runhua Living Service Group Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			32.70	21.06	16.89	16.70	15.60

Runhua Living Service Group Holdings ROCE % Calculation

Runhua Living Service Group Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	67.218	/	( ( (571.434 - 251.068)	+	(603.48 - 235.887) )	/ 2 )
	=	67.218	/	( (320.366	+	367.593)	/ 2 )
	=	67.218	/	343.9795
	=	19.54 %

Runhua Living Service Group Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	68.534	/	( ( (603.48 - 235.887)	+	(709.613 - 256.35) )	/ 2 )
	=	68.534	/	( ( 367.593	+	453.263 )	/ 2 )
	=	68.534	/	410.428
	=	16.70 %

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

Runhua Living Service Group Holdings (HKSE:02455) 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.

Runhua Living Service Group Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Runhua Living Service Group Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Runhua Living Service Group Holdings (HKSE:02455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Runhua Living Service Group Holdings Ltd (HKSE:02455) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN

Website

http://www.sdrhwy.cn

Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.

Executives

Liang Yuefeng	2202 Interest of your spouse
Luan Hangqian	2201 Interest of corporation controlled by you
Luan Tao	2201 Interest of corporation controlled by you
Springrain Investment Limited	2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

No Headlines