Kinetic Development Group (HKSE:01277) ROCE % : 47.96% (As of Dec. 2023)

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What is Kinetic Development 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. Kinetic Development Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 47.96%.

Kinetic Development Group ROCE % Historical Data

The historical data trend for Kinetic Development 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.

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Kinetic Development Group ROCE % Chart

Kinetic Development Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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48.97

49.79

93.08

57.67

31.38

Kinetic Development Group 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															106.18	65.60	46.25	17.80	47.96

Kinetic Development Group ROCE % Calculation

Kinetic Development Group'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 )
	=	2780.759	/	( ( (10600.572 - 2027.301)	+	(11963.659 - 2813.282) )	/ 2 )
	=	2780.759	/	( (8573.271	+	9150.377)	/ 2 )
	=	2780.759	/	8861.824
	=	31.38 %

Kinetic Development Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	4093.938	/	( ( (10930.382 - 3009.8)	+	(11963.659 - 2813.282) )	/ 2 )
	=	4093.938	/	( ( 7920.582	+	9150.377 )	/ 2 )
	=	4093.938	/	8535.4795
	=	47.96 %

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

Kinetic Development Group (HKSE:01277) 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.

Kinetic Development Group ROCE % Related Terms

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Kinetic Development Group (HKSE:01277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Kinetic Development Group Ltd (HKSE:01277) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN

Website

https://www.kineticme.com

Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).

Kinetic Development Group (HKSE:01277) Headlines

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