Chuanglian Holdings (Chuanglian Holdings) ROCE % : -10.88% (As of Jun. 2023)

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What is Chuanglian Holdings 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. Chuanglian Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -10.88%.

Chuanglian Holdings ROCE % Historical Data

The historical data trend for Chuanglian 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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Chuanglian Holdings ROCE % Chart

Chuanglian Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.21

2.29

11.89

5.34

-4.78

Chuanglian Holdings 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															20.89	10.38	0.55	-10.88	1.11

Chuanglian Holdings ROCE % Calculation

Chuanglian 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 )
	=	3.785	/	( ( (89.548 - 16.366)	+	(79.708 - 11.036) )	/ 2 )
	=	3.785	/	( (73.182	+	68.672)	/ 2 )
	=	3.785	/	70.927
	=	5.34 %

Chuanglian Holdings'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 )
	=	-7.248	/	( ( (79.708 - 11.036)	+	(79.36 - 14.771) )	/ 2 )
	=	-7.248	/	( ( 68.672	+	64.589 )	/ 2 )
	=	-7.248	/	66.6305
	=	-10.88 %

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

Chuanglian Holdings (OTCPK:COCGF) 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.

Chuanglian Holdings ROCE % Related Terms

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Chuanglian Holdings (Chuanglian Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chuanglian Holdings Ltd (OTCPK:COCGF) » Definitions » ROCE %

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02371:Hong Kong

Address

6-8 Harbour Road, Rooms 2009-18, 20th floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.chinahrt.com

Chuanglian Holdings Ltd, formerly China Chuanglian Education Financial Group Ltd engages in investment holding and securities trading. The operating segments of the company are Financial Services, Educational consultancy and online training and education, and Securities trading. It generates maximum revenue from Educational consultancy and online training and education segment. The company has its business presence in China and Hong Kong where China stands as the highest revenue generator.

Chuanglian Holdings (Chuanglian Holdings) Headlines

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