China Leon Inspection Holding (HKSE:01586) ROCE % : 30.81% (As of Jun. 2024)

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What is China Leon Inspection 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. China Leon Inspection Holding's annualized ROCE % for the quarter that ended in Jun. 2024 was 30.81%.

China Leon Inspection Holding ROCE % Historical Data

The historical data trend for China Leon Inspection 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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China Leon Inspection Holding ROCE % Chart

China Leon Inspection Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.92

32.74

28.18

26.97

27.72

China Leon Inspection Holding 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															23.34	31.21	28.93	27.29	30.81

China Leon Inspection Holding ROCE % Calculation

China Leon Inspection Holding'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 )
	=	165.801	/	( ( (760.088 - 181.56)	+	(894.535 - 276.962) )	/ 2 )
	=	165.801	/	( (578.528	+	617.573)	/ 2 )
	=	165.801	/	598.0505
	=	27.72 %

China Leon Inspection Holding'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 )
	=	199.384	/	( ( (894.535 - 276.962)	+	(880.139 - 203.33) )	/ 2 )
	=	199.384	/	( ( 617.573	+	676.809 )	/ 2 )
	=	199.384	/	647.191
	=	30.81 %

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

China Leon Inspection Holding (HKSE:01586) 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.

China Leon Inspection Holding ROCE % Related Terms

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China Leon Inspection Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Leon Inspection Holding Ltd (HKSE:01586) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Suite 1015, 10th floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Harbour, HKG

Website

http://www.leontest.com

China Leon Inspection Holding Ltd is a coal testing inspection services provider. Its business scope includes Testing services, Surveying services, Witnessing and Ancillary services, and technical and consulting services. Testing services focus on the quality assurance of coal; Surveying services include a draft survey to determine or verify the coal quantity, and it also provides witnessing services by observing testing and inspection activities conducted by the counterparties of its customers to detect dishonesty or abnormality. It operates in Mainland China, Indonesia, and other countries, from which it generates the majority of its revenue from Mainland China.

Executives

Li Xiangli	2103 Interests held jointly with another person
Liu Yi	2101 Beneficial owner
Wei Yajuan	2202 Interest of your spouse
Zhang Aiying	2103 Interests held jointly with another person
Leon Cornerstone Investment Holding Limited	2101 Beneficial owner
Swan Stone Investment Holding Limited	2101 Beneficial owner
Hawk Flying Investment Holding Limited	2101 Beneficial owner
Liu Yi	2101 Beneficial owner
Liu Yi	2103 Interests held jointly with another person
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Rays Capital Partners Limited	2102 Investment manager
Ruan David Ching Chi	2201 Interest of corporation controlled by you

China Leon Inspection Holding Headlines

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