Shanghai Gench Education Group (HKSE:01525) ROCE % : 17.03% (As of Jun. 2024)

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What is Shanghai Gench Education Group 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. Shanghai Gench Education Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 17.03%.

Shanghai Gench Education Group ROCE % Historical Data

The historical data trend for Shanghai Gench Education Group'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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Shanghai Gench Education Group ROCE % Chart

Shanghai Gench Education Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.72

11.85

11.56

11.96

14.40

Shanghai Gench Education Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										14.57	9.81	18.57	10.28	17.03

Shanghai Gench Education Group ROCE % Calculation

Shanghai Gench Education Group'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 )
	=	442.039	/	( ( (3879.959 - 876.189)	+	(4159.096 - 1024.754) )	/ 2 )
	=	442.039	/	( (3003.77	+	3134.342)	/ 2 )
	=	442.039	/	3069.056
	=	14.40 %

Shanghai Gench Education Group'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 )
	=	549.998	/	( ( (4159.096 - 1024.754)	+	(3736.625 - 413.027) )	/ 2 )
	=	549.998	/	( ( 3134.342	+	3323.598 )	/ 2 )
	=	549.998	/	3228.97
	=	17.03 %

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

Shanghai Gench Education Group (HKSE:01525) 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.

Shanghai Gench Education Group ROCE % Related Terms

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Shanghai Gench Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Shanghai Gench Education Group Ltd (HKSE:01525) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1111, Huchenghuan Road, Pudong New Area, Shanghai, CHN

Website

http://www.genchedugroup.com

Shanghai Gench Education Group Ltd and its subsidiaries are engaged in providing undergraduate education and junior college educations. The group generates its revenue from tuition fees, boarding fees, and other education-related services. Geographically, the company generates all of its revenue from the People's Republic of China.

Executives

Jong Yat Kit (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
So Man Chun (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Everone (hong Kong) Company Limited	2101 Beneficial owner
Zhou Xingzeng
Zheng Xiangzhan
Ai Xin Limited	2101 Beneficial owner
Zhao Donghui	2201 Interest of corporation controlled by you
Changjiu Industrial Group Co., Ltd.	2201 Interest of corporation controlled by you
Fwin Limited	2101 Beneficial owner
Hangzhou Changqi Enterprise Management Consulting Partnership (limited Partnership)	2201 Interest of corporation controlled by you
Shanghai Jiuhao Enterprise Management Consulting Co., Ltd.	2201 Interest of corporation controlled by you
Ze Ren Limited	2101 Beneficial owner
Xia Men Guo Mao Jiao Yu Ji Tuan You Xian Gong Si	2101 Beneficial owner

Shanghai Gench Education Group Headlines

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