Hunan Development Group Co (SZSE:000722) ROCE % : 0.98% (As of Mar. 2025)

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What is Hunan Development Group Co 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. Hunan Development Group Co's annualized ROCE % for the quarter that ended in Mar. 2025 was 0.98%.

Hunan Development Group Co ROCE % Historical Data

The historical data trend for Hunan Development Group Co'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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Hunan Development Group Co ROCE % Chart

Hunan Development Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.20

4.52

2.66

1.98

3.08

Hunan Development Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															3.77	4.29	3.78	1.17	0.98

Hunan Development Group Co ROCE % Calculation

Hunan Development Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	103.779	/	( ( (3622.762 - 150.037)	+	(3441.061 - 168.823) )	/ 2 )
	=	103.779	/	( (3472.725	+	3272.238)	/ 2 )
	=	103.779	/	3372.4815
	=	3.08 %

Hunan Development Group Co's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	32.26	/	( ( (3441.061 - 168.823)	+	(3487.188 - 192.976) )	/ 2 )
	=	32.26	/	( ( 3272.238	+	3294.212 )	/ 2 )
	=	32.26	/	3283.225
	=	0.98 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Hunan Development Group Co (SZSE:000722) 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.

Hunan Development Group Co ROCE % Related Terms

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Hunan Development Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hunan Development Group Co Ltd (SZSE:000722) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

27F, Everbright Development Building, Sector 142, Tianxin, Changsha, CHN, 410015

Website

http://www.hnfzgf.com

Hunan Development Group Co Ltd is engaged in hydropower and health industry which include medical, pension, and healthcare. The hydropower stations operated by the company include Zhuzhou navigation and power hub, qiantangxi power station, and bird's nest power station.

Executives

Wang Xiao Wan	Independent director
Ou Yang Fang Rong	Supervisors
Peng Ping	Executives
Xie Chao Bin	Independent director
Wang Zhi Da	Director
Huang Yan Qiao	Supervisors
Shui You Ming	Executives
Yu Wen Xian	Director

Hunan Development Group Co Headlines

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