China Asia Valley Group (HKSE:00063) ROCE % : 4.79% (As of Jun. 2024)

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What is China Asia Valley Group 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. China Asia Valley Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.79%.

China Asia Valley Group ROCE % Historical Data

The historical data trend for China Asia Valley Group'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 Asia Valley Group ROCE % Chart

China Asia Valley Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.11

-9.72

2.09

-26.89

6.28

China Asia Valley Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															6.42	-60.88	1.84	11.19	4.79

China Asia Valley Group ROCE % Calculation

China Asia Valley Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	10.706	/	( ( (372.078 - 240.889)	+	(598.619 - 388.801) )	/ 2 )
	=	10.706	/	( (131.189	+	209.818)	/ 2 )
	=	10.706	/	170.5035
	=	6.28 %

China Asia Valley Group's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	31.088	/	( ( (598.619 - 388.801)	+	(1364.643 - 275.834) )	/ 2 )
	=	31.088	/	( ( 209.818	+	1088.809 )	/ 2 )
	=	31.088	/	649.3135
	=	4.79 %

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

China Asia Valley Group (HKSE:00063) 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 Asia Valley Group ROCE % Related Terms

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China Asia Valley Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Asia Valley Group Ltd (HKSE:00063) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 20 Gangtou Road, Shajing Street, Central Asia Silicon Valley Coast Center, Shenzhen, CHN

Website

https://www.00063.cn

China Asia Valley Group Ltd is an investment holding company. It operates through three segments: Property investment, Horticultural services and sale of plants, and Property management and other related services. The company generates a majority of its revenue from Property management and other related services segment. Geographically, it derives key revenue from the People's Republic of China and the rest from Hong Kong.

Executives

China Asia Group Inc.	2101 Beneficial owner
Huang Binghuang	2201 Interest of corporation controlled by you
Li Jun	2201 Interest of corporation controlled by you
Zhong Jun Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Xiong Guoqiang	2201 Interest of corporation controlled by you
Xu Hong Guo Ji You Xian Gong Si	2101 Beneficial owner
Shen Jing Shun Shi Ye Xiang Gang You Xian Gong Si	2101 Beneficial owner
Wang Xin	2201 Interest of corporation controlled by you
Huang Binghuang	2201 Interest of corporation controlled by you
Zhong Ya Ji Tuan Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Zheng Bo Guo Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Han Guo Ji Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Shen Zhen Shi Zhong Ya Shi Ye Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Li Feng Mao	2201 Interest of corporation controlled by you
Hk Guoxin Investment Group Limited	2101 Beneficial owner

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