Arrail Group (HKSE:06639) ROCE % : 2.62% (As of Sep. 2023)

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What is Arrail 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. Arrail Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 2.62%.

Arrail Group ROCE % Historical Data

The historical data trend for Arrail 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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Arrail Group ROCE % Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

-24.48

-330.80

-7.28

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial				-	-22.99	-5.28	-9.13	2.62

Arrail Group ROCE % Calculation

Arrail Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-197.752	/	( ( (3687.055 - 918.501)	+	(3487.188 - 825.641) )	/ 2 )
	=	-197.752	/	( (2768.554	+	2661.547)	/ 2 )
	=	-197.752	/	2715.0505
	=	-7.28 %

Arrail Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	69.894	/	( ( (3487.188 - 825.641)	+	(3469.521 - 804.598) )	/ 2 )
	=	69.894	/	( ( 2661.547	+	2664.923 )	/ 2 )
	=	69.894	/	2663.235
	=	2.62 %

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

Arrail Group (HKSE:06639) 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.

Arrail Group ROCE % Related Terms

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Arrail Group (HKSE:06639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

I1D:Germany

Address

No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China.

Executives

Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited	2301 Trustee
Kastle Limited	2301 Trustee
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
19 Growth Capital Fund Gp Inc.	2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p.	2201 Interest of corporation controlled by you
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you

Arrail Group (HKSE:06639) Headlines

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