Huaneng Power International (FRA:HUP1) ROCE % : 9.61% (As of Mar. 2024)

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What is Huaneng Power 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. Huaneng Power International's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.61%.

Huaneng Power International ROCE % Historical Data

The historical data trend for Huaneng Power 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.

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Huaneng Power International ROCE % Chart

Huaneng Power International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.74

6.41

-1.86

0.08

6.04

Huaneng Power International 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															6.29	8.07	10.90	-0.93	9.61

Huaneng Power International ROCE % Calculation

Huaneng Power International'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 )
	=	2817.695	/	( ( (68055.143 - 23199.317)	+	(69499.882 - 21062.072) )	/ 2 )
	=	2817.695	/	( (44855.826	+	48437.81)	/ 2 )
	=	2817.695	/	46646.818
	=	6.04 %

Huaneng Power International'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 )
	=	4610.272	/	( ( (69499.882 - 21062.072)	+	(69678.598 - 22146.46) )	/ 2 )
	=	4610.272	/	( ( 48437.81	+	47532.138 )	/ 2 )
	=	4610.272	/	47984.974
	=	9.61 %

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

Huaneng Power International (FRA:HUP1) 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.

Huaneng Power International ROCE % Related Terms

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Huaneng Power International (FRA:HUP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huaneng Power International Inc (FRA:HUP1) » Definitions » ROCE %

Traded in Other Exchanges

HUNGF:USA 00902:Hong Kong HUP1:Germany 600011:China

Address

No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031

Website

https://www.hpi.com.cn

Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (FRA:HUP1) Headlines

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