China Industrial Securities International Financial Group (HKSE:06058) ROCE % : 7.23% (As of Dec. 2023)

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What is China Industrial Securities International Financial 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. China Industrial Securities International Financial Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.23%.

China Industrial Securities International Financial Group ROCE % Historical Data

The historical data trend for China Industrial Securities International Financial 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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China Industrial Securities International Financial Group ROCE % Chart

China Industrial Securities International Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.41

-0.63

3.81

-1.92

6.52

China Industrial Securities International Financial Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial													1.54	-3.60	-0.11	6.54	7.23

China Industrial Securities International Financial Group ROCE % Calculation

China Industrial Securities International Financial 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 )
	=	362.059	/	( ( (12472.181 - 6397.296)	+	(16552.023 - 11521.766) )	/ 2 )
	=	362.059	/	( (6074.885	+	5030.257)	/ 2 )
	=	362.059	/	5552.571
	=	6.52 %

China Industrial Securities International Financial 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 )
	=	362.204	/	( ( (14998.534 - 10002.512)	+	(16552.023 - 11521.766) )	/ 2 )
	=	362.204	/	( ( 4996.022	+	5030.257 )	/ 2 )
	=	362.204	/	5013.1395
	=	7.23 %

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

China Industrial Securities International Financial Group (HKSE:06058) 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 Industrial Securities International Financial Group ROCE % Related Terms

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China Industrial Securities International Financial Group (HKSE:06058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Industrial Securities International Financial Group Ltd (HKSE:06058) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, 32 & 25 Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.xyzq.com.hk

China Industrial Securities International Financial Group Ltd offers integrated financial services. It operates in the business segments of Brokerage, Margin financing, Corporate finance, Asset management, Financial products & investments, and Others. The company generates the majority of its revenue from the Brokerage segment. Its revenue is primarily generated from activities based in Hong Kong.

Executives

Industrial Securities (hong Kong) Financial Holdings Limited	2101 Beneficial owner
Xing Ye Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

China Industrial Securities International Financial Group (HKSE:06058) Headlines

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