China South City Holdings (HKSE:01668) ROCE % : -0.74% (As of Sep. 2023)

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What is China South City 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. China South City Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -0.74%.

China South City Holdings ROCE % Historical Data

The historical data trend for China South City 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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China South City Holdings ROCE % Chart

China South City Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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8.96

7.83

5.95

3.19

-1.09

China South City Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															4.68	1.56	0.90	-3.07	-0.74

China South City Holdings ROCE % Calculation

China South City Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-789.736	/	( ( (124387.424 - 53005.85)	+	(114224.395 - 40760.184) )	/ 2 )
	=	-789.736	/	( (71381.574	+	73464.211)	/ 2 )
	=	-789.736	/	72422.8925
	=	-1.09 %

China South City Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-518.146	/	( ( (114224.395 - 40760.184)	+	(103367.84 - 36208.339) )	/ 2 )
	=	-518.146	/	( ( 73464.211	+	67159.501 )	/ 2 )
	=	-518.146	/	70311.856
	=	-0.74 %

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

China South City Holdings (HKSE:01668) 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 South City Holdings ROCE % Related Terms

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China South City Holdings (HKSE:01668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China South City Holdings Ltd (HKSE:01668) » Definitions » ROCE %

Traded in Other Exchanges

CS4:Germany

Address

The Gateway, 15 Canton Road, Suite 3306-08, 33rd Floor, Tower 5, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.chinasouthcity.com

China South City Holdings Ltd develops and operates large-scale integrated logistics and trade centers in China. It operates in three segments that include property development, property investment and management, and others. The majority of the revenue is generated from the property development segments that include the development of integrated logistics and trade centers and residential and commercial ancillary facilities. The majority of its operations are conducted in the People's Republic of China.

China South City Holdings (HKSE:01668) Headlines

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