Easyhome New Retail Group Co (SZSE:000785) ROCE %

: 6.28% (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. Easyhome New Retail Group Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 6.28%.

Easyhome New Retail Group Co ROCE % Historical Data

The historical data trend for Easyhome New Retail 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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Easyhome New Retail Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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22.90

17.02

5.54

9.29

8.04

Easyhome New Retail Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															8.66	5.83	8.04	7.58	6.28

Easyhome New Retail Group Co ROCE % Calculation

Easyhome New Retail Group Co'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 )
	=	3666.942	/	( ( (56231.687 - 9570.996)	+	(53388.274 - 8811.6) )	/ 2 )
	=	3666.942	/	( (46660.691	+	44576.674)	/ 2 )
	=	3666.942	/	45618.6825
	=	8.04 %

Easyhome New Retail Group Co'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 )
	=	2817.16	/	( ( (54816.896 - 9330.433)	+	(53596.198 - 9388.557) )	/ 2 )
	=	2817.16	/	( ( 45486.463	+	44207.641 )	/ 2 )
	=	2817.16	/	44847.052
	=	6.28 %

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

Easyhome New Retail Group Co (SZSE:000785) 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.

Easyhome New Retail Group Co ROCE % Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Easyhome New Retail Group Co Ltd (SZSE:000785) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071

Website

http://www.zhongshang.com.cn

Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.

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