Renze Harvest International (HKSE:01282) ROCE % : -2.38% (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Renze Harvest International 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. Renze Harvest International's annualized ROCE % for the quarter that ended in Jun. 2024 was -2.38%.

Renze Harvest International ROCE % Historical Data

The historical data trend for Renze Harvest International'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.

Renze Harvest International ROCE % Chart

Renze Harvest International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.14

-0.90

0.75

-6.83

2.37

Renze Harvest International 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															-9.47	-4.12	21.24	-13.46	-2.38

Renze Harvest International ROCE % Calculation

Renze Harvest International'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 )
	=	160.951	/	( ( (7940.515 - 2571.152)	+	(11643.133 - 3404.482) )	/ 2 )
	=	160.951	/	( (5369.363	+	8238.651)	/ 2 )
	=	160.951	/	6804.007
	=	2.37 %

Renze Harvest International'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 )
	=	-195.22	/	( ( (11643.133 - 3404.482)	+	(11292.772 - 3110.444) )	/ 2 )
	=	-195.22	/	( ( 8238.651	+	8182.328 )	/ 2 )
	=	-195.22	/	8210.4895
	=	-2.38 %

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

Renze Harvest International (HKSE:01282) 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.

Renze Harvest International ROCE % Related Terms

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

Renze Harvest International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Renze Harvest International Ltd (HKSE:01282) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Unit 1908, 19/F, Tower Two, Lippo Centre, No. 89, Queensway, Admiralty, HKG

Website

https://www.hk1282.com

Renze Harvest International Ltd is a holding company in China that reports in four business segments: Automation, Financial services, Property investment and development, and Securities Investment. It generates maximum revenue from the Automation segment which represents the trading of automated production-related equipment trading business in Hong Kong and the PRC. The company has different sources of revenue that include Automation: Sales of automated production products, minus returns, installation, Securities Investment Gains/losses of financial assets at FVTPL, plus commission income from securities, Financial Services: Commission and brokerage income from securities and futures, and Property Investment includes Revenue from property sales, rentals, and management.

Executives

China Grand Developments Limited	2101 Beneficial owner
Ma Jianghao	2201 Interest of corporation controlled by you
Bao Xin Development Limited	2101 Beneficial owner
Bao Xin International Group Limited	2201 Interest of corporation controlled by you
Tinmark Development Limited	2201 Interest of corporation controlled by you
Yao Jianhui	2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si	2101 Beneficial owner

Renze Harvest International Headlines

No Headlines