YCIH Green High-Performance Concrete Co (HKSE:01847) ROCE % : -1.77% (As of Jun. 2024)

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What is YCIH Green High-Performance Concrete 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. YCIH Green High-Performance Concrete Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.77%.

YCIH Green High-Performance Concrete Co ROCE % Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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.

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YCIH Green High-Performance Concrete Co ROCE % Chart

YCIH Green High-Performance Concrete Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.39

21.99

1.64

3.54

-1.69

YCIH Green High-Performance Concrete Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									4.84	2.38	-0.69	-2.71	-1.77

YCIH Green High-Performance Concrete Co ROCE % Calculation

YCIH Green High-Performance Concrete 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 )
	=	-25.891	/	( ( (5394.667 - 3839.229)	+	(4873.606 - 3363.509) )	/ 2 )
	=	-25.891	/	( (1555.438	+	1510.097)	/ 2 )
	=	-25.891	/	1532.7675
	=	-1.69 %

YCIH Green High-Performance Concrete 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 )
	=	-25.858	/	( ( (4873.606 - 3363.509)	+	(4531.693 - 3121.311) )	/ 2 )
	=	-25.858	/	( ( 1510.097	+	1410.382 )	/ 2 )
	=	-25.858	/	1460.2395
	=	-1.77 %

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

YCIH Green High-Performance Concrete Co (HKSE:01847) 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.

YCIH Green High-Performance Concrete Co ROCE % Related Terms

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YCIH Green High-Performance Concrete Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YCIH Green High-Performance Concrete Co Ltd (HKSE:01847) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN

Website

https://www.ynhnt.com

YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of research, development production and sales of ready-mixed concrete and related products, which is its single reportable segment. All of its revenues come from Mainland China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2101 Beneficial owner
China Resources (holdings) Company Limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you

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