Riverine China Holdings (HKSE:01417) ROCE % : 5.30% (As of Jun. 2024)

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What is Riverine China 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. Riverine China Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.30%.

Riverine China Holdings ROCE % Historical Data

The historical data trend for Riverine China 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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Riverine China Holdings ROCE % Chart

Riverine China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.52

19.12

16.75

7.76

-17.39

Riverine China Holdings Semi-Annual Data
	Dec14	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														9.96	5.82	3.69	-39.70	5.30

Riverine China Holdings ROCE % Calculation

Riverine China 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 )
	=	-96.798	/	( ( (1135.347 - 513.41)	+	(1018.914 - 527.497) )	/ 2 )
	=	-96.798	/	( (621.937	+	491.417)	/ 2 )
	=	-96.798	/	556.677
	=	-17.39 %

Riverine China 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 )
	=	25.876	/	( ( (1018.914 - 527.497)	+	(1026.256 - 541.11) )	/ 2 )
	=	25.876	/	( ( 491.417	+	485.146 )	/ 2 )
	=	25.876	/	488.2815
	=	5.30 %

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

Riverine China Holdings (HKSE:01417) 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.

Riverine China Holdings ROCE % Related Terms

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Riverine China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Riverine China Holdings Ltd (HKSE:01417) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 South Zhongshan Road, 14th Floor, Jiushi Tower, Shanghai, CHN, 200010

Website

http://www.riverinepm.com

Riverine China Holdings Ltd is an investment holding company that provides property management services and environmental sanitary services in China. Its property management services include standard property management services and value-added services including various kinds of consultancy services relating to or ancillary to property management. Its businesses are involved in office buildings, hotels, commercial establishments, government properties, and residential properties. The group has four reportable operating segments, which are engaged in property management services, urban sanitary services, sublease services from investment properties, and Catering services.

Executives

Chen Yao	2103 Interests held jointly with another person
Fu Qichang	2103 Interests held jointly with another person
Partner Summit Holdings Limited	2101 Beneficial owner
Pine Fortune Global Limited	2103 Interests held jointly with another person
Source Forth Limited	2103 Interests held jointly with another person
Vital Kingdom Investments Limited	2103 Interests held jointly with another person
Xiao Xingtao	2103 Interests held jointly with another person
Partner Summit Holdings Limited	2101 Beneficial owner
S.i. Infrastructure Holdings Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Holdings Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Investment (holdings) Company Limited	2201 Interest of corporation controlled by you
Shanghai Industrial Investment Treasury Company Limited	2201 Interest of corporation controlled by you
Shanghai Investment Holdings Limited	2201 Interest of corporation controlled by you
Sure Advance Holdings Limited	2101 Beneficial owner

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