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Seazen Group (HKSE:01030) ROCE % : 3.68% (As of Dec. 2023)


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What is Seazen 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. Seazen Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.68%.


Seazen Group ROCE % Historical Data

The historical data trend for Seazen 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.

* Premium members only.

Seazen Group ROCE % Chart

Seazen Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.33 21.23 13.94 4.00 5.32

Seazen 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.05 6.40 1.41 6.70 3.68

Seazen Group ROCE % Calculation

Seazen 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 )
=8338.06/( ( (517568.121 - 355420.1) + (412451.501 - 261055.812) )/ 2 )
=8338.06/( (162148.021+151395.689)/ 2 )
=8338.06/156771.855
=5.32 %

Seazen 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 )
=5788.25/( ( (484480.867 - 321424.589) + (412451.501 - 261055.812) )/ 2 )
=5788.25/( ( 163056.278 + 151395.689 )/ 2 )
=5788.25/157225.9835
=3.68 %

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

* 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.


Seazen Group  (HKSE:01030) 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.


Seazen Group ROCE % Related Terms

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Seazen Group (HKSE:01030) Business Description

Traded in Other Exchanges
Address
No. 5, Lane 388, Zhongjiang Road, 11th Floor, Seazen Holdings Tower B, Putuo District, Shanghai, CHN, 200063
Seazen Group Ltd is an investment holding company that develops and sells properties. The company has two operating segments; The A-share company segment is engaged in the development of residential properties and mixed-use complexes for sale and investment, and the Non-A share companies segment is engaged in services. All the property development projects are in the People's Republic of China, and accordingly, the majority of the revenue of the Group is derived from the PRC.
Executives
Chen Jing 2202 Interest of your spouse
Chen Ting Sen (ptc) Limited 2301 Trustee
Wang Zhenhua 2307 Founder of a discretionary trust who can infl
Jiang Jinzhi 2201 Interest of corporation controlled by you

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