Zhuguang Holdings Group Co (HKSE:01176) ROCE % : -4.81% (As of Jun. 2024)

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What is Zhuguang Holdings 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. Zhuguang Holdings Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -4.81%.

Zhuguang Holdings Group Co ROCE % Historical Data

The historical data trend for Zhuguang Holdings 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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Zhuguang Holdings Group Co ROCE % Chart

Zhuguang Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.84

22.33

8.95

1.50

1.53

Zhuguang Holdings 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															2.30	0.59	5.38	-2.88	-4.81

Zhuguang Holdings Group Co ROCE % Calculation

Zhuguang Holdings 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 )
	=	253.61	/	( ( (37119.082 - 18226.652)	+	(35882.1 - 21584.565) )	/ 2 )
	=	253.61	/	( (18892.43	+	14297.535)	/ 2 )
	=	253.61	/	16594.9825
	=	1.53 %

Zhuguang Holdings 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 )
	=	-625.074	/	( ( (35882.1 - 21584.565)	+	(35974.043 - 24276.121) )	/ 2 )
	=	-625.074	/	( ( 14297.535	+	11697.922 )	/ 2 )
	=	-625.074	/	12997.7285
	=	-4.81 %

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

Zhuguang Holdings Group Co (HKSE:01176) 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.

Zhuguang Holdings Group Co ROCE % Related Terms

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Zhuguang Holdings Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhuguang Holdings Group Co Ltd (HKSE:01176) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.zhuguang.com.hk

Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development-related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment is responsible for the majority of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Rong De Investments Limited	2101 Beneficial owner
Liao Tengjia	2201 Interest of corporation controlled by you
Chu Hing Tsung	2201 Interest of corporation controlled by you
Cheung Fong Wing	2201 Interest of corporation controlled by you
Quan Xing Holdings Limited	2101 Beneficial owner
China Orient Asset Management Co., Ltd.
Ying Ri You Xian Gong Si	2101 Beneficial owner
Zhong Guo Nong Ye Yin Xing Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Nong Yin Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you

Zhuguang Holdings Group Co Headlines

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