China Greenland Broad Greenstate Group Co (HKSE:01253) ROCE % : 3.61% (As of Jun. 2024)

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What is China Greenland Broad Greenstate 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. China Greenland Broad Greenstate Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.61%.

China Greenland Broad Greenstate Group Co ROCE % Historical Data

The historical data trend for China Greenland Broad Greenstate 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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China Greenland Broad Greenstate Group Co ROCE % Chart

China Greenland Broad Greenstate Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.46

13.06

4.88

-34.61

-58.64

China Greenland Broad Greenstate 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															4.18	-79.41	-1.32	-120.09	3.61

China Greenland Broad Greenstate Group Co ROCE % Calculation

China Greenland Broad Greenstate 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 )
	=	-495.652	/	( ( (3282.24 - 2199.881)	+	(2325.415 - 1717.348) )	/ 2 )
	=	-495.652	/	( (1082.359	+	608.067)	/ 2 )
	=	-495.652	/	845.213
	=	-58.64 %

China Greenland Broad Greenstate 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 )
	=	24.052	/	( ( (2325.415 - 1717.348)	+	(2288.253 - 1562.317) )	/ 2 )
	=	24.052	/	( ( 608.067	+	725.936 )	/ 2 )
	=	24.052	/	667.0015
	=	3.61 %

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

China Greenland Broad Greenstate Group Co (HKSE:01253) 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.

China Greenland Broad Greenstate Group Co ROCE % Related Terms

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China Greenland Broad Greenstate Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Greenland Broad Greenstate Group Co Ltd (HKSE:01253) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1588 Lane, Zhuguang Road, Floor 8, Block D3, 5th Building, Hongqiao World Center, Shanghai, CHN, 200333

Website

https://www.greenland-broadgreenstate.com.cn

China Greenland Broad Greenstate Group Co Ltd is an investment holding company engaged in the services of landscape design and gardening and the related services. The company is headquartered in the People's Republic of China and generates all revenue domestically.

Executives

Lv Di Shu Zi Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Rong Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Chuang Ke Ji Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Rong Hai Wai Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Broad Landscape International Company Limited
Inscription Capital Holdings Limited	2101 Beneficial owner
Wu Zhengping	2201 Interest of corporation controlled by you
Xiao Li	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Hope Empire Limited	2201 Interest of corporation controlled by you
Wholeking Holdings Limited	2101 Beneficial owner
Cai Kui	2501 Other
Cithara Global Multi-strategy Spc-series 6 Sp	2101 Beneficial owner

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