China SCE Group Holdings (HKSE:01966) ROCE % : -1.80% (As of Jun. 2023)

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What is China SCE Group 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 SCE Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -1.80%.

China SCE Group Holdings ROCE % Historical Data

The historical data trend for China SCE Group 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 SCE Group Holdings ROCE % Chart

China SCE Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.34

10.58

8.40

2.17

-12.43

China SCE Group 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															5.21	6.24	-2.22	-1.80	-25.11

China SCE Group Holdings ROCE % Calculation

China SCE Group Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1943.7	/	( ( (238787.037 - 138193.028)	+	(216602.53 - 138082.768) )	/ 2 )
	=	1943.7	/	( (100594.009	+	78519.762)	/ 2 )
	=	1943.7	/	89556.8855
	=	2.17 %

China SCE Group Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-1306.492	/	( ( (216602.53 - 138082.768)	+	(208204.783 - 141305.772) )	/ 2 )
	=	-1306.492	/	( ( 78519.762	+	66899.011 )	/ 2 )
	=	-1306.492	/	72709.3865
	=	-1.80 %

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

China SCE Group Holdings (HKSE:01966) 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 SCE Group Holdings ROCE % Related Terms

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China SCE Group Holdings (HKSE:01966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China SCE Group Holdings Ltd (HKSE:01966) » Definitions » ROCE %

Traded in Other Exchanges

XSP:Germany

Address

No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN

Website

https://www.sce-re.com

China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.

Executives

Wong Chiu Yeung	2201 Interest of corporation controlled by you
Newup Holdings Limited	2101 Beneficial owner
Rising Trade Holdings Limited	2101 Beneficial owner
Wealthy Gate Holdings Limited	2101 Beneficial owner
Chen Yuanlai	2201 Interest of corporation controlled by you
Cheng Hiu Lok	2201 Interest of corporation controlled by you
Keen Century Investments Limited	2101 Beneficial owner
East Waves Investments Limited	2101 Beneficial owner

China SCE Group Holdings (HKSE:01966) Headlines

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