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Bojun Education Co (HKSE:01758) ROCE % : 1.29% (As of Aug. 2024)


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What is Bojun Education 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. Bojun Education Co's annualized ROCE % for the quarter that ended in Aug. 2024 was 1.29%.


Bojun Education Co ROCE % Historical Data

The historical data trend for Bojun Education 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.

Bojun Education Co ROCE % Chart

Bojun Education Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.96 -56.12 -0.15 3.84 2.67

Bojun Education Co Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.19 -0.51 8.26 4.02 1.29

Bojun Education Co ROCE % Calculation

Bojun Education Co's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2024 )  (A: Aug. 2023 )(A: Aug. 2024 )
=76.124/( ( (4387.25 - 1725.806) + (4380.146 - 1341.902) )/ 2 )
=76.124/( (2661.444+3038.244)/ 2 )
=76.124/2849.844
=2.67 %

Bojun Education Co's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=38.66/( ( (4325.223 - 1355.607) + (4380.146 - 1341.902) )/ 2 )
=38.66/( ( 2969.616 + 3038.244 )/ 2 )
=38.66/3003.93
=1.29 %

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

* 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.


Bojun Education Co  (HKSE:01758) 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.


Bojun Education Co ROCE % Related Terms

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Bojun Education Co Business Description

Traded in Other Exchanges
N/A
Address
No. 239 Sanse Road, Sichuan Province, Jinjiang District, Chengdu, Sichuan, CHN
Bojun Education Co Ltd is engaged in providing private education services. The company operates middle schools, high schools, and kindergartens. Its operating segment includes (i) the provision of profit-making kindergarten and the provision of high school education services; (ii) the provision of vocational education services and (iii) the provision of education consultancy and management services. The company generates maximum revenue from the education consultancy and management services segment. Geographically, it derives the majority of its revenue from the People's Republic of China.
Executives
Chen Ruikai 2202 Interest of your spouse
Tang Hui 2201 Interest of corporation controlled by you
Graymind Investments Limited 2101 Beneficial owner
Xu Zhengmiao 2202 Interest of your spouse
Broad Skill Holdings Limited 2101 Beneficial owner
He Jing 2201 Interest of corporation controlled by you
Duan Ling 2202 Interest of your spouse
Zhuotai Education Investment Limited 2101 Beneficial owner
Li Yafei 2201 Interest of corporation controlled by you
Cao Youqin 2202 Interest of your spouse
Act Glory Global Limited 2101 Beneficial owner
Wang Jinglei 2201 Interest of corporation controlled by you
Wu Xi Shou Kong Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hua Sheng Jin Rong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Sheng Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

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