Huasheng International Holding (HKSE:01323) ROCE % : -2.21% (As of Sep. 2024)

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What is Huasheng International Holding 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. Huasheng International Holding's annualized ROCE % for the quarter that ended in Sep. 2024 was -2.21%.

Huasheng International Holding ROCE % Historical Data

The historical data trend for Huasheng International Holding'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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Huasheng International Holding ROCE % Chart

Huasheng International Holding Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-5.20

4.18

4.41

-2.21

-0.71

Huasheng International Holding Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-5.51	1.07	1.10	-2.55	-2.21

Huasheng International Holding ROCE % Calculation

Huasheng International Holding's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-8.452	/	( ( (1798.802 - 601.969)	+	(1635.979 - 460.804) )	/ 2 )
	=	-8.452	/	( (1196.833	+	1175.175)	/ 2 )
	=	-8.452	/	1186.004
	=	-0.71 %

Huasheng International Holding's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-25.962	/	( ( (1635.979 - 460.804)	+	(1582.581 - 412.399) )	/ 2 )
	=	-25.962	/	( ( 1175.175	+	1170.182 )	/ 2 )
	=	-25.962	/	1172.6785
	=	-2.21 %

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

Huasheng International Holding (HKSE:01323) 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.

Huasheng International Holding ROCE % Related Terms

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Huasheng International Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huasheng International Holding Ltd (HKSE:01323) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 121 Des Voeux Road Central, Suites 2301-03, 23rd Floor, Far East Consortium Building, Hong Kong, HKG

Website

http://www.huashengih.com

Huasheng International Holding Ltd is an investment holding company. Along with its subsidiaries, the company has the following operating segments, Concrete Business; and Money Lending Business. It generates maximum revenue from the Concrete Business segment which is engaged in the production and sales of ready-mixed commercial concrete. Geographically, it derives a majority of its revenue from Mainland China and the rest from Hong Kong.

Executives

Capital Wealth Global Limited	2101 Beneficial owner
Chang Chia-hsiang	2201 Interest of corporation controlled by you
Lam Kwok Hung Raymond	2101 Beneficial owner
Tang Hon Kwong
Tsang Ngai Chun
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
China Development Financial Holding Corporation	2201 Interest of corporation controlled by you
Kgi Asia Limited	2106 Person having a security interest in shares
Kgi Securities Co. Ltd.	2201 Interest of corporation controlled by you
Wong Wai Sing	2201 Interest of corporation controlled by you
Shuang Xing Huan Qiu You Xian Gong Si	2101 Beneficial owner
Zhou Feng Tang

Huasheng International Holding Headlines

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