China Demeter Financial Investments (HKSE:08120) ROCE % : -52.46% (As of Dec. 2023)

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What is China Demeter Financial Investments 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 Demeter Financial Investments's annualized ROCE % for the quarter that ended in Dec. 2023 was -52.46%.

China Demeter Financial Investments ROCE % Historical Data

The historical data trend for China Demeter Financial Investments'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 Demeter Financial Investments ROCE % Chart

China Demeter Financial Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-45.21

-14.18

-9.67

-11.28

-32.23

China Demeter Financial Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-6.45	-29.90	-27.26	-21.85	-52.46

China Demeter Financial Investments ROCE % Calculation

China Demeter Financial Investments'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 )
	=	-42.142	/	( ( (248.381 - 105.821)	+	(195.563 - 76.584) )	/ 2 )
	=	-42.142	/	( (142.56	+	118.979)	/ 2 )
	=	-42.142	/	130.7695
	=	-32.23 %

China Demeter Financial Investments'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-62.42	/	( ( (0 - 0)	+	(195.563 - 76.584) )	/ 1 )
	=	-62.42	/	( ( 0	+	118.979 )	/ 1 )
	=	-62.42	/	118.979
	=	-52.46 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

China Demeter Financial Investments (HKSE:08120) 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 Demeter Financial Investments ROCE % Related Terms

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China Demeter Financial Investments (HKSE:08120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » China Demeter Financial Investments Ltd (HKSE:08120) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 95 Queensway, Office A01, 35th Floor, United Centre, Admiralty, Hong Kong, HKG

Website

http://www.chinademeter.com

China Demeter Financial Investments Ltd is an investment holding company. Its operating segments of the company are Money Lending, Financial Services, Securities Investment, Food and Beverage, Alcoholic Beverage Distribution, and Children's Education Services. It generates maximum revenue from the Food and beverage segment. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Trinity Worldwide Capital Holding Limited
Ng Ting Kit

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