Zhongzheng International Co (HKSE:00943) ROCE % : 284.60% (As of Jun. 2024)

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What is Zhongzheng International 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. Zhongzheng International Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 284.60%.

Zhongzheng International Co ROCE % Historical Data

The historical data trend for Zhongzheng International 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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Zhongzheng International Co ROCE % Chart

Zhongzheng International Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun23

Jun24

ROCE %

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-2.01

-3.11

-3.49

26.69

-118.16

Zhongzheng International Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															7.35	-	-299.43	284.60	-16.87

Zhongzheng International Co ROCE % Calculation

Zhongzheng International Co's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-700.731	/	( ( (3025.006 - 1993.243)	+	(2293.705 - 2139.421) )	/ 2 )
	=	-700.731	/	( (1031.763	+	154.284)	/ 2 )
	=	-700.731	/	593.0235
	=	-118.16 %

Zhongzheng International 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 )
	=	355.382	/	( ( (2188.174 - 2092.717)	+	(2293.705 - 2139.421) )	/ 2 )
	=	355.382	/	( ( 95.457	+	154.284 )	/ 2 )
	=	355.382	/	124.8705
	=	284.60 %

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

Zhongzheng International Co (HKSE:00943) 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.

Zhongzheng International Co ROCE % Related Terms

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Zhongzheng International Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhongzheng International Co Ltd (HKSE:00943) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Gloucester Road, Room 1005, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

https://www.zhongzheng.com.hk

Zhongzheng International Co Ltd is an investment holding company. The Group has five reportable segments: property development, manufacture and sales of healthcare and household products, coal mining business, money lending business and primary land development I. Geographically, it derives a majority of its revenue from The People's Republic of China through Healthcare and household products business Healthcare following Property Development.

Executives

Low Thiam Herr	2101 Beneficial owner
Leung Chung Shan
Shek Ying
Yang Bin	2101 Beneficial owner
Lim Kim Chai	2101 Beneficial owner
Qiu Qing	2201 Interest of corporation controlled by you
Lim Kim Chai	2101 Beneficial owner
Shen Zhen Shi Tian Ji Nan Lian Tou Zi He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Xiang Gang Zhong Zheng Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Xin Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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