Agile Group Holdings (Agile Group Holdings) ROCE % : -4.70% (As of Jun. 2023)

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What is Agile 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. Agile Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -4.70%.

Agile Group Holdings ROCE % Historical Data

The historical data trend for Agile 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.

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Agile Group Holdings ROCE % Chart

Agile Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.54

17.96

13.04

-6.91

-10.24

Agile Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															8.16	7.84	-23.29	-4.70	-15.92

Agile Group Holdings ROCE % Calculation

Agile 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 )
	=	-1431.348	/	( ( (49700.868 - 25661.299)	+	(39213.135 - 21839.039) )	/ 2 )
	=	-1431.348	/	( (24039.569	+	17374.096)	/ 2 )
	=	-1431.348	/	20706.8325
	=	-6.91 %

Agile 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 )
	=	-792.42	/	( ( (39213.135 - 21839.039)	+	(36694.936 - 20364.941) )	/ 2 )
	=	-792.42	/	( ( 17374.096	+	16329.995 )	/ 2 )
	=	-792.42	/	16852.0455
	=	-4.70 %

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

Agile Group Holdings (OTCPK:AGPYF) 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.

Agile Group Holdings ROCE % Related Terms

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Agile Group Holdings (Agile Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agile Group Holdings Ltd (OTCPK:AGPYF) » Definitions » ROCE %

Traded in Other Exchanges

AGPYY:USA 03383:Hong Kong A8P:Germany

Address

26 Huaxia Road, 33rd Floor, Agile Center, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agile.com.cn

Agile Group is one of the largest Chinese developers listed (2005) on the Hong Kong Exchange. Its main business is property development, with a land bank spread across China and overseas, including key cities in Zhongshan, Guangzhou, and Hainan. Agile spun off its complementary property management business A-Living Services on the Hong Kong Exchange in February 2018; we believe this business is poised to enjoy healthy organic and inorganic growth in gross floor area under management. The company also operates a commercial portfolio consisting of hotels and investment properties, as well as construction. Its environmental business covers waste and water treatment, currently operating in an initial growth phase.