Citic Telecom International Holdings (HKSE:01883) ROCE % : 10.71% (As of Jun. 2024)

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What is Citic Telecom International Holdings 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. Citic Telecom International Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 10.71%.

Citic Telecom International Holdings ROCE % Historical Data

The historical data trend for Citic Telecom International Holdings'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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Citic Telecom International Holdings ROCE % Chart

Citic Telecom International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.61

10.14

11.33

11.71

10.07

Citic Telecom International Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															11.81	13.53	9.90	10.71	11.30

Citic Telecom International Holdings ROCE % Calculation

Citic Telecom International Holdings'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 )
	=	1768	/	( ( (18181 - 2800)	+	(17363 - 2547) )	/ 2 )
	=	1768	/	( (15381	+	14816)	/ 2 )
	=	1768	/	15098.5
	=	11.71 %

Citic Telecom International Holdings'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 )
	=	1382	/	( ( (17363 - 2547)	+	(17074 - 6084) )	/ 2 )
	=	1382	/	( ( 14816	+	10990 )	/ 2 )
	=	1382	/	12903
	=	10.71 %

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

Citic Telecom International Holdings (HKSE:01883) 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.

Citic Telecom International Holdings ROCE % Related Terms

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Citic Telecom International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Citic Telecom International Holdings Ltd (HKSE:01883) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

B7O:Germany

Address

93 Kwai Fuk Road, 25th Floor, CITIC Telecom Tower, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.citictel.com

Citic Telecom International Holdings Ltd is a telecommunications company. It derives revenue from cellphone services, Internet services, international telecommunications services, enterprise solutions and fixed-line services, and sale of equipment and mobile handsets. Enterprise services involves providing information and communication technologies to companies. This division is the largest contributor to overall company revenue. The company has operations in Hong Kong and Macau; the company earns the majority of revenue within Macau. CITIC Telecom is an owner of telecommunications infrastructure.

Executives

Citic Group Corporation	2201 Interest of corporation controlled by you
Citic Limited	2201 Interest of corporation controlled by you

Citic Telecom International Holdings Headlines

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