China Energy Development Holdings (HKSE:00228) ROCE %: 2.27% (As of Dec. 2025)

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HKSE:00228 China Energy Development Holdings Ltd HKSE:00228
62 GF Score
Price HK$0.85
GF Value HK$1.92
Valuation Possible Value Trap
! 5 Warning Signs
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What is China Energy Development Holdings ROCE %?

China Energy Development Holdings HKSE:00228 -3.98% 62 ROCE % is 2.27% as of Dec. 2025. GuruFocus rates HKSE:00228 with a GF Score™ of 62/100 and a GF Value™ of HK$1.92 (Possible Value Trap). The stock has 5 warning signs investors should review.

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 Energy Development Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was 2.27%.

China Energy Development Holdings  (HKSE:00228) 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 Energy Development Holdings ROCE % Related Terms

China Energy Development Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for China Energy Development 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.

China Energy Development Holdings ROCE % Chart

China Energy Development Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.40 6.85 6.86 4.71 2.53

China Energy Development Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 3.09 2.97 2.27 1.70
HKSE:00228
62GF Score
China Energy Development Holdings Ltd HKSE:00228
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Energy Development Holdings ROCE % Calculation

China Energy Development Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=52.017/( ( (2270.535 - 404.871) + (2603.885 - 350.028) )/ 2 )
=52.017/( (1865.664+2253.857)/ 2 )
=52.017/2059.7605
=2.53 %

China Energy Development Holdings's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=47.51/( ( (2345.585 - 408.509) + (2603.885 - 350.028) )/ 2 )
=47.51/( ( 1937.076 + 2253.857 )/ 2 )
=47.51/2095.4665
=2.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.27% mean?
China Energy Development Holdings (HKSE:00228) has a ROCE % of 2.27% as of Dec. 2025.
Is China Energy Development Holdings' ROCE % too high?
China Energy Development Holdings' current ROCE % is 2.27%. The Oil & Gas industry median ROCE % is 7.71. China Energy Development Holdings' value of 2.27% is 70.6% below this industry median. Overall, China Energy Development Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does China Energy Development Holdings' ROCE % compare to XOM and CVX?
China Energy Development Holdings' ROCE % of 2.27% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 7.71. China Energy Development Holdings' value of 2.27% is 70.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 7.71, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Energy Development Holdings's current ROCE % of 2.27% is 70.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Energy Development Holdings's current ROCE % is 2.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Energy Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, China Energy Development Holdings (HKSE:00228) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.92, compared to a current price of HK$0.85 — trading 56% below its estimated fair value. The current ROCE % is 2.27% and 70.6% below the Oil & Gas industry median of 7.71. China Energy Development Holdings' overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For China Energy Development Holdings (HKSE:00228), the current ROCE % is 2.27% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Energy Development Holdings (HKSE:00228) Overvalued in 2026?

Based on GuruFocus' analysis, China Energy Development Holdings stock appears to be undervalued. The current stock price of HK$0.85 is trading 56% below its estimated GF Value™ of HK$1.92. GuruFocus considers China Energy Development Holdings to be Possible Value Trap.

Key valuation signals for HKSE:00228:

  • ROCE %: 2.27%
  • GF Value™: HK$1.92 vs. price of HK$0.85 (56% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 70.6% below the Oil & Gas median

No single metric tells the full story. See the HKSE:00228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Energy Development Holdings Business Description

Industry EnergyOil & Gas
Address No. 88 Yeung Uk Road, Office J, 29th Floor, Plaza 88, Tsuen Wan, New Territories, Hong Kong, HKG
China Energy Development Holdings Ltd is engaged in oil and gas exploration; distribution of natural gas; sales of food and beverages and money lending business in Hong Kong. The company is engaged in three segments, namely, The Exploration, Production and Distribution of Natural Gas segment engaged in the exploration, development, production and sales of natural gas and the usage of pipeline for distribution of natural gas. Majority of the revenue is derived from The Exploration, Production and Distribution of Natural Gas segment. Geographically, the company operates in PRC and Hong Kong region.
62GF Score

Get the complete analysis for HKSE:00228

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.85
Price
HK$1.92
GF Value