Fosun International (HKSE:00656) ROCE %

: 5.41% (As of Jun. 2023)

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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. Fosun International's annualized ROCE % for the quarter that ended in Jun. 2023 was 5.41%.

Fosun International ROCE % Historical Data

The historical data trend for Fosun International'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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Fosun International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.69

5.94

7.39

4.77

4.24

Fosun International 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															8.94	4.41	5.22	5.41	2.97

Fosun International ROCE % Calculation

Fosun International'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 )
	=	25695.495	/	( ( (987260.609 - 413592.631)	+	(919219.325 - 415842.852) )	/ 2 )
	=	25695.495	/	( (573667.978	+	503376.473)	/ 2 )
	=	25695.495	/	538522.2255
	=	4.77 %

Fosun International'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 )
	=	27972.18	/	( ( (919219.325 - 415842.852)	+	(913169.919 - 382487.657) )	/ 2 )
	=	27972.18	/	( ( 503376.473	+	530682.262 )	/ 2 )
	=	27972.18	/	517029.3675
	=	5.41 %

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

Fosun International (HKSE:00656) 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.

Fosun International ROCE % Related Terms

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Fosun International (HKSE:00656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (HKSE:00656) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FOSUY:USA FOSUF:USA FNI:Germany FNI:Germany

Address

3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG

Website

https://www.fosun.com

Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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