Huafa Property Services Group Co (HKSE:00982) ROCE % : 96.35% (As of Jun. 2024)

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What is Huafa Property Services Group 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. Huafa Property Services Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 96.35%.

Huafa Property Services Group Co ROCE % Historical Data

The historical data trend for Huafa Property Services Group 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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Huafa Property Services Group Co ROCE % Chart

Huafa Property Services Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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44.77

251.61

Huafa Property Services Group 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															-	-	429.30	231.53	96.35

Huafa Property Services Group Co ROCE % Calculation

Huafa Property Services Group 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 )
	=	400.875	/	( ( (1105.125 - 1064.183)	+	(1145.374 - 867.666) )	/ 2 )
	=	400.875	/	( (40.942	+	277.708)	/ 2 )
	=	400.875	/	159.325
	=	251.61 %

Huafa Property Services Group 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 )
	=	353.156	/	( ( (1145.374 - 867.666)	+	(1141.008 - 685.633) )	/ 2 )
	=	353.156	/	( ( 277.708	+	455.375 )	/ 2 )
	=	353.156	/	366.5415
	=	96.35 %

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

Huafa Property Services Group Co (HKSE:00982) 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.

Huafa Property Services Group Co ROCE % Related Terms

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Huafa Property Services Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Huafa Property Services Group Co Ltd (HKSE:00982) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Room 3605, 36/F, Cheung Kong Center, Central, Hong Kong, HKG

Website

http://www.huafapropertyservices.com

Huafa Property Services Group Co Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of property management services, and hotel advisory and exhibition services in the PRC. Its operating segments of the group are Property management which involves the provision of property management services and related value-added services, including municipal supporting services and other services; and Hotel advisory and exhibition services which involves the provision of hotel advisory services, exhibition planning, and organization services. It derives prime revenue from the Property management segment. Geographically, the group derives revenue from Mainland China.

Executives

Zhu Hai Hua Fa Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Hai Hua Fa Shi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Idg Light Solutions Limited	2101 Beneficial owner
Ho Chi Sing	2201 Interest of corporation controlled by you
Ho Chi Sing	2201 Interest of corporation controlled by you

Huafa Property Services Group Co Headlines

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