China Resources and Transportation Group (FRA:ZP3C) ROCE % : 0.00% (As of Sep. 2022)

View and export this data going back to 2014. Start your Free Trial

What is China Resources and Transportation Group 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 Resources and Transportation Group's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

China Resources and Transportation Group ROCE % Historical Data

The historical data trend for China Resources and Transportation Group'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 Resources and Transportation Group ROCE % Chart

China Resources and Transportation Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

Get a 7-Day Free Trial

-4.56

-1.21

-2,334.06

China Resources and Transportation Group Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

China Resources and Transportation Group ROCE % Calculation

China Resources and Transportation Group's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-434.428	/	( ( (1499.688 - 2412.181)	+	(1126.901 - 2780.623) )	/ 2 )
	=	-434.428	/	( (-912.493	+	-1653.722)	/ 2 )
	=	-434.428	/	-1283.1075
	=	33.86 %

China Resources and Transportation Group's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	0.406	/	( ( (1126.901 - 2780.623)	+	(1188.835 - 2899.058) )	/ 2 )
	=	0.406	/	( ( -1653.722	+	-1710.223 )	/ 2 )
	=	0.406	/	-1681.9725
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2022) EBIT data.

China Resources and Transportation Group (FRA:ZP3C) 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 Resources and Transportation Group ROCE % Related Terms

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

China Resources and Transportation Group (FRA:ZP3C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Resources and Transportation Group Ltd (FRA:ZP3C) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

145 Hennessy Road, 22nd Floor, On Hong Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.crtg.com.hk

China Resources and Transportation Group Ltd is a China-based company. It operates through various business segments that are Expressway Operations, which includes operations, management, maintenance and auxiliary facility investment of Zhunxing Expressway; CNG gas stations operation includes operation of CNG gas stations; and Other Operations, which includes sales of timber logs from forest concession, tree plantation area and outside suppliers, sales of seedlings and refined plant oil. The Expressway Operations segment generates maximum revenue for the company. Geographically, the company has business operations in China, Hong Kong and Australia.

China Resources and Transportation Group (FRA:ZP3C) Headlines

No Headlines