Zhong Hua International Holdings (HKSE:01064) ROCE % : 0.14% (As of Jun. 2023)

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What is Zhong Hua 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. Zhong Hua International Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.14%.

Zhong Hua International Holdings ROCE % Historical Data

The historical data trend for Zhong Hua 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.

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Zhong Hua International Holdings ROCE % Chart

Zhong Hua International Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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1.71

-1.70

0.12

1.35

1.28

Zhong Hua International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															0.13	2.56	0.17	2.43	0.14

Zhong Hua International Holdings ROCE % Calculation

Zhong Hua International Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	56.459	/	( ( (4727.091 - 153.046)	+	(4415.959 - 137.353) )	/ 2 )
	=	56.459	/	( (4574.045	+	4278.606)	/ 2 )
	=	56.459	/	4426.3255
	=	1.28 %

Zhong Hua International Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	5.788	/	( ( (4415.959 - 137.353)	+	(4233.749 - 132.272) )	/ 2 )
	=	5.788	/	( ( 4278.606	+	4101.477 )	/ 2 )
	=	5.788	/	4190.0415
	=	0.14 %

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

Zhong Hua International Holdings (HKSE:01064) 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.

Zhong Hua International Holdings ROCE % Related Terms

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Zhong Hua International Holdings (HKSE:01064) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong Hua International Holdings Ltd (HKSE:01064) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Suite 2911, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.zhonghuagroup.com

Zhong Hua International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in property development, holding, and management activity. The business activity of the group functions through the Property investment and development segment; and Corporate and other segments. The Property Investment and development segment is engaged in the investment in properties located in Mainland China to generate potential income from letting. The Corporate and Others segment is involved in the provision of management services to group companies. It derives key revenue from the Property investment and development segment. The group mainly derives revenue from customers based in Mainland China.

Executives

Liang Guifen
Ec Fair Limited
Ho Kam Hung
Ye Jia Li
Ho Tsam Hung
Ho Pak Hung
China Guangshi International Investment Holdings Co. Ltd.	2201 Interest of corporation controlled by you
Guangshi Harvest Limited	2101 Beneficial owner
Link Tide Investments Limited	2201 Interest of corporation controlled by you
Strong Hero Holdings Limited
Xie Xiaoxiang
Xin Jiang Guang Shi Han Hong Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Zhong Hua International Holdings (HKSE:01064) Headlines

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