Tu Yi Holding Co (HKSE:01701) ROCE % : 5.91% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Tu Yi Holding Co 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. Tu Yi Holding Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.91%.

Tu Yi Holding Co ROCE % Historical Data

The historical data trend for Tu Yi Holding Co'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.

* Premium members only.

Tu Yi Holding Co ROCE % Chart

Tu Yi Holding Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

15.70

-19.84

-17.34

-8.83

7.71

Tu Yi Holding Co 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										-3.40	-15.37	3.94	11.71	5.91

Tu Yi Holding Co ROCE % Calculation

Tu Yi Holding Co'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 )
	=	14.421	/	( ( (235.349 - 49.444)	+	(244.729 - 56.323) )	/ 2 )
	=	14.421	/	( (185.905	+	188.406)	/ 2 )
	=	14.421	/	187.1555
	=	7.71 %

Tu Yi Holding Co'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 )
	=	10.866	/	( ( (244.729 - 56.323)	+	(241.932 - 62.769) )	/ 2 )
	=	10.866	/	( ( 188.406	+	179.163 )	/ 2 )
	=	10.866	/	183.7845
	=	5.91 %

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

Tu Yi Holding Co (HKSE:01701) 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.

Tu Yi Holding Co ROCE % Related Terms

Thank you for viewing the detailed overview of Tu Yi Holding Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Tu Yi Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tu Yi Holding Co Ltd (HKSE:01701) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1288 Wenyi West Road, Room 813, 8th Floor, Block 4, Cangqian Sub-district, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

http://www.tuyigroup.com

Tu Yi Holding Co Ltd is a travel service provider. Its businesses include the selling of package tours and day tours, the design, development, and sales of free independent traveller products, the provision of visa application processing services, duty-free shop business, and hotel operation. A majority of the income is generated from the sale of package tours and day tour products. The company operates in the People's Republic of China (PRC), and Japan, out of which the PRC contributes to the majority of the revenue.

Executives

Pan Wei	2201 Interest of corporation controlled by you
Xu Jiong	2401 A concert party to an agreement to buy shares
Yu Dingxin	2401 A concert party to an agreement to buy shares
King Pan Co., Ltd.	2101 Beneficial owner
York Yu Co., Ltd.	2101 Beneficial owner
Jeffery Xu Co., Ltd.	2101 Beneficial owner
David Xu Co., Ltd.	2101 Beneficial owner

Tu Yi Holding Co Headlines

No Headlines