Anxian Yuan China Holdings (HKSE:00922) ROCE % : 7.12% (As of Sep. 2023)

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What is Anxian Yuan China 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. Anxian Yuan China Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.12%.

Anxian Yuan China Holdings ROCE % Historical Data

The historical data trend for Anxian Yuan China 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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Anxian Yuan China Holdings ROCE % Chart

Anxian Yuan China Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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4.09

8.67

11.13

9.38

12.40

Anxian Yuan China Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															9.35	9.39	8.34	17.66	7.12

Anxian Yuan China Holdings ROCE % Calculation

Anxian Yuan China Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	147.044	/	( ( (1339.661 - 140.892)	+	(1332.595 - 159.972) )	/ 2 )
	=	147.044	/	( (1198.769	+	1172.623)	/ 2 )
	=	147.044	/	1185.696
	=	12.40 %

Anxian Yuan China Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	80.784	/	( ( (1332.595 - 159.972)	+	(1275.306 - 178.899) )	/ 2 )
	=	80.784	/	( ( 1172.623	+	1096.407 )	/ 2 )
	=	80.784	/	1134.515
	=	7.12 %

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

Anxian Yuan China Holdings (HKSE:00922) 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.

Anxian Yuan China Holdings ROCE % Related Terms

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Anxian Yuan China Holdings (HKSE:00922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Anxian Yuan China Holdings Ltd (HKSE:00922) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077

Website

http://www.anxianyuanchina.com

Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
Master Point Overseas Limited	2101 Beneficial owner
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Shi Hua	2201 Interest of corporation controlled by you
Yan Zulin	2101 Beneficial owner
Huang Weichun	2101 Beneficial owner

Anxian Yuan China Holdings (HKSE:00922) Headlines

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