China Mining International (SGX:BHD) ROCE % : -5.44% (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is China Mining International 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 Mining International's annualized ROCE % for the quarter that ended in Jun. 2023 was -5.44%.

China Mining International ROCE % Historical Data

The historical data trend for China Mining International'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.

China Mining International ROCE % Chart

China Mining International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

3.99

-19.47

-16.97

16.55

-2.30

China Mining International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-14.11	40.04	-4.63	0.11	-5.44

China Mining International ROCE % Calculation

China Mining International'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 )
	=	-1.221	/	( ( (66.767 - 10.499)	+	(61.469 - 11.377) )	/ 2 )
	=	-1.221	/	( (56.268	+	50.092)	/ 2 )
	=	-1.221	/	53.18
	=	-2.30 %

China Mining International'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 )
	=	-2.644	/	( ( (61.469 - 11.377)	+	(57.949 - 10.913) )	/ 2 )
	=	-2.644	/	( ( 50.092	+	47.036 )	/ 2 )
	=	-2.644	/	48.564
	=	-5.44 %

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

China Mining International (SGX:BHD) 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 Mining International ROCE % Related Terms

Thank you for viewing the detailed overview of China Mining International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

China Mining International (SGX:BHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Mining International Ltd (SGX:BHD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Intersection of Zhong Wang Road and Zheng Guang North Street, Zhong Chuang Building 6th Floor, Unit 605, China Henan Province, Jin Shui District, Zheng Zhou, CHN, 450000

Website

http://www.chinamining-international.com

China Mining International Ltd through its subsidiaries is engaged development of commercial and residential properties for sale. It also invests in the mining business. The company's segments include Commercial and residential property development, Mining, and Investment. The Commercial and residential property development segment is engaged in the development of commercial and residential properties for sale. It derives most of its revenue from the Commercial and residential property development segment.

China Mining International (SGX:BHD) Headlines

No Headlines