Ye Xing Group Holdings (HKSE:01941) ROCE % : 8.57% (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ye Xing Group 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. Ye Xing Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 8.57%.

Ye Xing Group Holdings ROCE % Historical Data

The historical data trend for Ye Xing Group 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.

* Premium members only.

Ye Xing Group Holdings ROCE % Chart

Ye Xing Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

50.36

20.92

17.94

-21.97

-6.11

Ye Xing Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									8.33	-53.19	14.73	-26.16	8.57

Ye Xing Group Holdings ROCE % Calculation

Ye Xing Group 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 )
	=	-15.364	/	( ( (464.836 - 223.103)	+	(480.698 - 219.306) )	/ 2 )
	=	-15.364	/	( (241.733	+	261.392)	/ 2 )
	=	-15.364	/	251.5625
	=	-6.11 %

Ye Xing Group 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 )
	=	22.532	/	( ( (480.698 - 219.306)	+	(504.149 - 239.956) )	/ 2 )
	=	22.532	/	( ( 261.392	+	264.193 )	/ 2 )
	=	22.532	/	262.7925
	=	8.57 %

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

Ye Xing Group Holdings (HKSE:01941) 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.

Ye Xing Group Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Ye Xing Group Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ye Xing Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ye Xing Group Holdings Ltd (HKSE:01941) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 108, No. 45 Xinrong North Street, Xihongmen, Daxing District, Beijing, CHN

Website

http://www.hongkunwuye.com

Ye Xing Group Holdings Ltd is a property management service provider offering comprehensive property management and related services for residential and non-residential properties in the PRC. Its services include Property Management Services that provide property owners and residents with a variety of property management services; Property Developer Services that include sales assistance services, pre-delivery cleaning and preparation services, post-delivery repair services, and planning and design consultancy and inspection services; and Value-Added Services that provide property owners and residents with community-related value-added services ranging from home living services to other value-added services that provide convenience to the property owners and residents.

Executives

Winz Strategy Company Limited	2101 Beneficial owner
Chan Sheung Chi	2101 Beneficial owner
Li Yin Ping	2101 Beneficial owner
Zhao Weihao	2201 Interest of corporation controlled by you
Ascendor Futur Holdings Limited	2101 Beneficial owner
Wang Qian	2202 Interest of your spouse
Will Full Holdings Limited	2201 Interest of corporation controlled by you
Wu Hong	2201 Interest of corporation controlled by you
Zhao Bin	2201 Interest of corporation controlled by you

Ye Xing Group Holdings Headlines

No Headlines