China Infrastructure & Logistics Group (HKSE:01719) ROCE % : 5.48% (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is China Infrastructure & Logistics 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 Infrastructure & Logistics Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.48%.

China Infrastructure & Logistics Group ROCE % Historical Data

The historical data trend for China Infrastructure & Logistics 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 Infrastructure & Logistics Group ROCE % Chart

China Infrastructure & Logistics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.79

6.02

4.14

4.49

3.44

China Infrastructure & Logistics 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															4.00	7.45	1.16	1.49	5.48

China Infrastructure & Logistics Group ROCE % Calculation

China Infrastructure & Logistics 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 )
	=	38.88	/	( ( (1596.004 - 439.597)	+	(1491.217 - 384.421) )	/ 2 )
	=	38.88	/	( (1156.407	+	1106.796)	/ 2 )
	=	38.88	/	1131.6015
	=	3.44 %

China Infrastructure & Logistics 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 )
	=	60.832	/	( ( (1541.193 - 428.79)	+	(1491.217 - 384.421) )	/ 2 )
	=	60.832	/	( ( 1112.403	+	1106.796 )	/ 2 )
	=	60.832	/	1109.5995
	=	5.48 %

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

China Infrastructure & Logistics Group (HKSE:01719) 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 Infrastructure & Logistics Group ROCE % Related Terms

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

China Infrastructure & Logistics Group (HKSE:01719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Infrastructure & Logistics Group Ltd (HKSE:01719) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 1 On Hing Terrace, On Hing Building, Unit A, 7th Floor, Central, Hong Kong, HKG

Website

http://www.cilgl.com

China Infrastructure & Logistics Group Ltd is an investment holding company. It operates in the segments of Property business that offers port and warehouse leasing; Terminal and related business which provides terminal service, Container handling, storage, and other services, general and bulk cargoes handling service; Integrated logistics business renders agency and logistics services, including the provision of freight forwarding, customs clearance, transportation of containers and logistics management; Supply chain management and trading business offer sourcing, procurement and trading of commodities. The company generates the majority of its revenue from the Terminal service segment. It derives revenue from customers located in the PRC.

China Infrastructure & Logistics Group (HKSE:01719) Headlines

No Headlines