Beijing Energy International Holding Co (HKSE:00686) ROCE % : 4.58% (As of Jun. 2024)

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What is Beijing Energy International Holding Co 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. Beijing Energy International Holding Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.58%.

Beijing Energy International Holding Co ROCE % Historical Data

The historical data trend for Beijing Energy International Holding 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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Beijing Energy International Holding Co ROCE % Chart

Beijing Energy International Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.82

8.16

6.60

5.21

4.95

Beijing Energy International Holding Co 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															5.72	5.40	5.65	4.31	4.58

Beijing Energy International Holding Co ROCE % Calculation

Beijing Energy International Holding Co'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 )
	=	2820.856	/	( ( (67369.166 - 20782.061)	+	(98479.476 - 31060.039) )	/ 2 )
	=	2820.856	/	( (46587.105	+	67419.437)	/ 2 )
	=	2820.856	/	57003.271
	=	4.95 %

Beijing Energy International Holding Co'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 )
	=	3272.692	/	( ( (98479.476 - 31060.039)	+	(109594.28 - 34239.465) )	/ 2 )
	=	3272.692	/	( ( 67419.437	+	75354.815 )	/ 2 )
	=	3272.692	/	71387.126
	=	4.58 %

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

Beijing Energy International Holding Co (HKSE:00686) 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.

Beijing Energy International Holding Co ROCE % Related Terms

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Beijing Energy International Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Beijing Energy International Holding Co Ltd (HKSE:00686) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GGI:Germany

Address

Shun Tak Centre, 168-200 Connaught Road Central, Unit 1012, 10th Floor, West Tower, Hong Kong, HKG

Website

https://www.bjei.com

Beijing Energy International Holding Co Ltd is principally engaged in the development, investment, operation, and management of solar power plants and other renewable energy projects. It has three reportable segments which are the solar energy business the wind power business and the hydropower business. The majority of revenue is from the solar energy business. The company operates in the PRC, Australia, and Vietnam, out of which the maximum revenue is from the PRC.

Executives

Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si
China Asset Management (hong Kong) Limited	2102 Investment manager
Zhao Shang Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Bosera Asset Management Co., Limited	2102 Investment manager
Hsbc Holdings Plc	2301 Trustee
Zhao Shang Xin Neng Yuan Ji Tuan You Xian Gong Si
China Merchants Group Limited	2201 Interest of corporation controlled by you
Snow Hill Developments Limited	2101 Beneficial owner
Sino Arena Investments Limited
Xin Neng Yuan Jiao Yi Suo You Xian Gong Si
Zeng Xiangyi
Magicgrand Group Limited
Pairing Venture Limited
Qing Dao Cheng Shi Jian She Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

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