Haitian International Holdings (FRA:HI6) ROCE % : 17.36% (As of Dec. 2024)

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What is Haitian International 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. Haitian International Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 17.36%.

Haitian International Holdings ROCE % Historical Data

The historical data trend for Haitian International 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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Haitian International Holdings ROCE % Chart

Haitian International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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20.76

24.95

16.30

15.51

17.18

Haitian International Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															15.84	15.74	14.93	17.51	17.36

Haitian International Holdings ROCE % Calculation

Haitian International Holdings'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 )
	=	499.885	/	( ( (3736.459 - 963.479)	+	(4085.316 - 1037.613) )	/ 2 )
	=	499.885	/	( (2772.98	+	3047.703)	/ 2 )
	=	499.885	/	2910.3415
	=	17.18 %

Haitian International Holdings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	503.804	/	( ( (3883.8 - 1127.339)	+	(4085.316 - 1037.613) )	/ 2 )
	=	503.804	/	( ( 2756.461	+	3047.703 )	/ 2 )
	=	503.804	/	2902.082
	=	17.36 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Haitian International Holdings (FRA:HI6) 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.

Haitian International Holdings ROCE % Related Terms

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Haitian International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haitian International Holdings Ltd (FRA:HI6) » Definitions » ROCE %

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Traded in Other Exchanges

01882:Hong Kong

Address

No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.haitianinter.com

Haitian International Holdings Ltd is an investment holding company that manufactures and distributes plastic injection molding machines and related products. It offers hydraulic and electric plastic injection molding machines. The group operates in Mainland China, Hong Kong, and other countries. The company generates most of its revenue from Mainland China through the sale of plastic injection molding machines and related products.

Haitian International Holdings Headlines

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