Huatu Cendes Co (SZSE:300492) ROCE % : 61.70% (As of Mar. 2024)

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What is Huatu Cendes Co 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. Huatu Cendes Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 61.70%.

Huatu Cendes Co ROCE % Historical Data

The historical data trend for Huatu Cendes Co'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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Huatu Cendes Co ROCE % Chart

Huatu Cendes Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.40

6.28

5.16

4.19

-28.93

Huatu Cendes Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-3.87	-1.93	0.51	-112.50	61.70

Huatu Cendes Co ROCE % Calculation

Huatu Cendes Co'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 )
	=	-104.642	/	( ( (346.583 - 40.374)	+	(1020.926 - 603.737) )	/ 2 )
	=	-104.642	/	( (306.209	+	417.189)	/ 2 )
	=	-104.642	/	361.699
	=	-28.93 %

Huatu Cendes Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	314.416	/	( ( (1020.926 - 603.737)	+	(1562.475 - 960.52) )	/ 2 )
	=	314.416	/	( ( 417.189	+	601.955 )	/ 2 )
	=	314.416	/	509.572
	=	61.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Huatu Cendes Co (SZSE:300492) 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.

Huatu Cendes Co ROCE % Related Terms

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Huatu Cendes Co (SZSE:300492) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huatu Cendes Co Ltd (SZSE:300492) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

37 Floor, Times No.1, Zhiquan Section, Dongdajie, Jinjiang District, Chengdu, CHN, 610065

Website

http://www.cendes-arch.com

Huatu Cendes Co Ltd, formerly Cendes Co Ltd is engaged in professional technical services. It provides planning, architecture, and creative services. It provides architectural engineering design and related consulting services, including pre-project consulting, concept design, project design, preliminary design, construction drawings. It covers all types of residential, urban complex, public buildings including commercial centers, independent commercial blocks, office buildings, hotels and non-commercial public buildings business designs.

Executives

Yi Xiao Ying	Director
Yuan Xin	Director
Chen Li	Director
Cai Chao Lu	Director
Liu Jun Xiang	Directors, Directors, and Executives

Huatu Cendes Co (SZSE:300492) Headlines

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