Hua Yin International Holdings (HKSE:00989) ROCE % : -14.43% (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Hua Yin International 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. Hua Yin International Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -14.43%.

Hua Yin International Holdings ROCE % Historical Data

The historical data trend for Hua Yin International 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.

* Premium members only.

Hua Yin International Holdings ROCE % Chart

Hua Yin International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

2.37

-72.25

-68.76

-2.68

58.51

Hua Yin International 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															15.16	-16.87	121.86	-18.15	-14.43

Hua Yin International Holdings ROCE % Calculation

Hua Yin International 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 )
	=	545.5	/	( ( (2818.261 - 1849.017)	+	(2603.425 - 1708.066) )	/ 2 )
	=	545.5	/	( (969.244	+	895.359)	/ 2 )
	=	545.5	/	932.3015
	=	58.51 %

Hua Yin International 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 )
	=	-130.862	/	( ( (2603.425 - 1708.066)	+	(2482.461 - 1564.134) )	/ 2 )
	=	-130.862	/	( ( 895.359	+	918.327 )	/ 2 )
	=	-130.862	/	906.843
	=	-14.43 %

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

Hua Yin International Holdings (HKSE:00989) 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.

Hua Yin International Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Hua Yin International Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hua Yin International Holdings (HKSE:00989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hua Yin International Holdings Ltd (HKSE:00989) » Definitions » ROCE %

Traded in Other Exchanges

CL7:Germany

Address

No. 26 Harbour Road, Room 1305, 13th Floor, Wanchai, China Resources Building, Hong Kong, HKG

Website

http://www.huayininternational.com

Hua Yin International Holdings Ltd, formerly Ground International Development Ltd is an investment holding company. The company's operating segment includes Property development and management and Property investment. It generates maximum revenue from the Property development and management segment. Geographically, it derives a majority of revenue from China. The company earns revenue from Sale of properties, Rental income, and Property management service income.

Hua Yin International Holdings (HKSE:00989) Headlines

No Headlines