China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) ROCE %

: 1.80% (As of Sep. 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. China Resources Building Materials Technology Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 1.80%.

China Resources Building Materials Technology Holdings ROCE % Historical Data

The historical data trend for China Resources Building Materials Technology 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 Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

25.99

23.44

18.68

4.24

2.40

China Resources Building Materials Technology Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %																0.84	0.94	-	1.80	0.70

China Resources Building Materials Technology Holdings ROCE % Calculation

China Resources Building Materials Technology 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 )
	=	333.372	/	( ( (10157.512 - 2696.606)	+	(10210.098 - 1938.677) )	/ 2 )
	=	333.372	/	( (7460.906	+	8271.421)	/ 2 )
	=	333.372	/	7866.1635
	=	4.24 %

China Resources Building Materials Technology Holdings'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	157.7	/	( ( (10551.27 - 1752.396)	+	(10299.419 - 1562.384) )	/ 2 )
	=	157.7	/	( ( 8798.874	+	8737.035 )	/ 2 )
	=	157.7	/	8767.9545
	=	1.80 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

China Resources Building Materials Technology Holdings (OTCPK:CARCY) 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 Resources Building Materials Technology Holdings ROCE % Related Terms

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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (OTCPK:CARCY) » Definitions » ROCE %

Traded in Other Exchanges

CJRCF:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) ROCE %

China Resources Building Materials Technology Holdings ROCE % Historical Data

China Resources Building Materials Technology Holdings ROCE % Calculation

China Resources Building Materials Technology Holdings ROCE % Related Terms

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Headlines