E-Commodities Holdings (HKSE:01733) ROCE % : 37.53% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is E-Commodities 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. E-Commodities Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 37.53%.

E-Commodities Holdings ROCE % Historical Data

The historical data trend for E-Commodities 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.

* Premium members only.

E-Commodities Holdings ROCE % Chart

E-Commodities Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.41

19.15

70.51

27.97

32.37

E-Commodities Holdings 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															102.04	23.94	33.44	28.17	37.53

E-Commodities Holdings ROCE % Calculation

E-Commodities Holdings'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 )
	=	2764.314	/	( ( (13294.192 - 5669.997)	+	(17814.465 - 8358.463) )	/ 2 )
	=	2764.314	/	( (7624.195	+	9456.002)	/ 2 )
	=	2764.314	/	8540.0985
	=	32.37 %

E-Commodities Holdings'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 )
	=	3305.46	/	( ( (13170.014 - 5010.425)	+	(17814.465 - 8358.463) )	/ 2 )
	=	3305.46	/	( ( 8159.589	+	9456.002 )	/ 2 )
	=	3305.46	/	8807.7955
	=	37.53 %

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

E-Commodities Holdings (HKSE:01733) 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.

E-Commodities Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of E-Commodities Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

E-Commodities Holdings (HKSE:01733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » E-Commodities Holdings Ltd (HKSE:01733) » Definitions » ROCE %

Traded in Other Exchanges

WWY1:Germany

Address

Room 706, Tower B, Tianrun Fortune Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing, CHN, 100005

Website

http://www.e-comm.com

E-Commodities Holdings Ltd is a company principally engaged in the processing and trading of coking coal and other products and rendering of logistics services. The group has two business divisions. The processing and trading of coking coal and other products segment manages and operates coal processing plants and generates income from processing and trading of coking coal and other products to external customers. Rendering of integrated supply chain services segment constructs, manages and operates processing factories and logistics parks and generates income from rendering of warehousing. Majority of the firm's revenue comes from the processing and trading of coking coal and other products segment.

E-Commodities Holdings (HKSE:01733) Headlines

No Headlines