Shenguan Holdings Group (HKSE:00829) ROCE % : 4.34% (As of Dec. 2023)

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What is Shenguan Holdings 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. Shenguan Holdings Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.34%.

Shenguan Holdings Group ROCE % Historical Data

The historical data trend for Shenguan Holdings 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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Shenguan Holdings Group ROCE % Chart

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.96

4.12

6.31

1.63

3.08

Shenguan Holdings Group 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															6.80	1.90	1.50	2.03	4.34

Shenguan Holdings Group ROCE % Calculation

Shenguan Holdings 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 )
	=	84.257	/	( ( (3745.92 - 899.766)	+	(3234.628 - 605.885) )	/ 2 )
	=	84.257	/	( (2846.154	+	2628.743)	/ 2 )
	=	84.257	/	2737.4485
	=	3.08 %

Shenguan Holdings Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	113.36	/	( ( (3179.198 - 583.89)	+	(3234.628 - 605.885) )	/ 2 )
	=	113.36	/	( ( 2595.308	+	2628.743 )	/ 2 )
	=	113.36	/	2612.0255
	=	4.34 %

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

Shenguan Holdings Group (HKSE:00829) 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.

Shenguan Holdings Group ROCE % Related Terms

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Shenguan Holdings Group (HKSE:00829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (HKSE:00829) » Definitions » ROCE %

Traded in Other Exchanges

S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Executives

Low Jee Keong	2201 Interest of corporation controlled by you
Brighten Lane Limited	2101 Beneficial owner
Wei Cheng	2201 Interest of corporation controlled by you
Sky Green Limited	2101 Beneficial owner
Zhou Yaxian	2201 Interest of corporation controlled by you
Sha Shuming	2202 Interest of your spouse
Glories Site Limited	2201 Interest of corporation controlled by you
Rich Top Future Limited	2101 Beneficial owner
Shen Guan Sheng Wu Ke Ji Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Xian Sheng You Xian Gong Si	2101 Beneficial owner

Shenguan Holdings Group (HKSE:00829) Headlines

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