Guangdong Hong Kong Greater Bay Area Holdings (HKSE:01396) ROCE % : -31.94% (As of Jun. 2024)

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What is Guangdong Hong Kong Greater Bay Area 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. Guangdong Hong Kong Greater Bay Area Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -31.94%.

Guangdong Hong Kong Greater Bay Area Holdings ROCE % Historical Data

The historical data trend for Guangdong Hong Kong Greater Bay Area 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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Guangdong Hong Kong Greater Bay Area Holdings ROCE % Chart

Guangdong Hong Kong Greater Bay Area Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.15

14.29

-0.97

-15.14

-11.08

Guangdong Hong Kong Greater Bay Area Holdings 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															-10.33	-19.43	-16.48	-3.72	-31.94

Guangdong Hong Kong Greater Bay Area Holdings ROCE % Calculation

Guangdong Hong Kong Greater Bay Area Holdings'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 )
	=	-920.178	/	( ( (25357.689 - 15982.006)	+	(19930.729 - 12693.282) )	/ 2 )
	=	-920.178	/	( (9375.683	+	7237.447)	/ 2 )
	=	-920.178	/	8306.565
	=	-11.08 %

Guangdong Hong Kong Greater Bay Area Holdings'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 )
	=	-2123.042	/	( ( (19930.729 - 12693.282)	+	(17609.544 - 11554.722) )	/ 2 )
	=	-2123.042	/	( ( 7237.447	+	6054.822 )	/ 2 )
	=	-2123.042	/	6646.1345
	=	-31.94 %

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

Guangdong Hong Kong Greater Bay Area Holdings (HKSE:01396) 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.

Guangdong Hong Kong Greater Bay Area Holdings ROCE % Related Terms

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Guangdong Hong Kong Greater Bay Area Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Guangdong Hong Kong Greater Bay Area Holdings Ltd (HKSE:01396) » Definitions » ROCE %

Traded in Other Exchanges

16H0:Germany

Address

Hong Long Century Plaza, Level 32, Block A, Luohu District, Shenzhen, CHN

Website

https://www.hydoo.com.cn

Guangdong Hong Kong Greater Bay Area Holdings Ltd is engaged in the development of residential and urban renewal projects in the Greater Bay Area. Its principal activities of the Group are the development, sales, and operation of residential properties, commercial trade and logistics centers, and trading business in Mainland China. It has a geographic presence in Hong Kong, Macao, and Taiwan, Chinese mainland.

Executives

Solid Wealth Holdings Limited	2201 Interest of corporation controlled by you
Zeng Yan	2201 Interest of corporation controlled by you
Zeng Yunshu	2201 Interest of corporation controlled by you
Ruixinhaide Holdings Limited	2201 Interest of corporation controlled by you
Cai Hongwen	2201 Interest of corporation controlled by you
Guang Yitong Technology Limited	2201 Interest of corporation controlled by you
Hakka Park International Group Co Ltd.	2201 Interest of corporation controlled by you
China Guangdong - Hong Kong Greater Bay Area Holdings Limited	2101 Beneficial owner
He Fei	2101 Beneficial owner
Chen Junyu
Eminent Ascend Limited	2101 Beneficial owner
Sunet Global Limited	2201 Interest of corporation controlled by you
Wong Kim	2201 Interest of corporation controlled by you
Huang Jinzhen	2202 Interest of your spouse
Wu Lijun	2202 Interest of your spouse

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