Sinic Holdings (Group) Co (HKSE:02103) ROCE % : 11.72% (As of Jun. 2021)

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

What is Sinic Holdings (Group) 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. Sinic Holdings (Group) Co's annualized ROCE % for the quarter that ended in Jun. 2021 was 11.72%.

Sinic Holdings (Group) Co ROCE % Historical Data

The historical data trend for Sinic Holdings (Group) 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.

Sinic Holdings (Group) Co ROCE % Chart

Sinic Holdings (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

5.05

12.81

14.89

27.77

18.00

Sinic Holdings (Group) Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial			21.34	31.98	15.24	20.31	11.72

Sinic Holdings (Group) Co ROCE % Calculation

Sinic Holdings (Group) Co's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	6699.037	/	( ( (107072.828 - 73730.812)	+	(114545.837 - 73450.714) )	/ 2 )
	=	6699.037	/	( (33342.016	+	41095.123)	/ 2 )
	=	6699.037	/	37218.5695
	=	18.00 %

Sinic Holdings (Group) Co's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	5002.012	/	( ( (114545.837 - 73450.714)	+	(135347.327 - 91120.28) )	/ 2 )
	=	5002.012	/	( ( 41095.123	+	44227.047 )	/ 2 )
	=	5002.012	/	42661.085
	=	11.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

Sinic Holdings (Group) Co (HKSE:02103) 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.

Sinic Holdings (Group) Co ROCE % Related Terms

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

Sinic Holdings (Group) Co (HKSE:02103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sinic Holdings (Group) Co Ltd (HKSE:02103) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 988 ShenChang Road, 7th Floor, HongQiao Vanke Center T6, MinHang District, Shanghai, CHN

Website

http://www.sinicdc.com

Sinic Holdings (Group) Co Ltd is a Cayman Islands-based property developer. It is engaged in the development of residential and commercial properties. The company offers property development, property leasing, and the provision of management consulting services. It generates revenue through the sale of properties and mainly operates in Mainland China.

Executives

Zhang Yuanlin	2101 Beneficial owner
Wu Chengping	2202 Interest of your spouse
Honoured Ever Oriental Holdings Limited	2201 Interest of corporation controlled by you
Sinic Group Company Limited	2201 Interest of corporation controlled by you
Sinic Holdings Group Company Limited	2101 Beneficial owner
Tmf (cayman) Ltd.	2301 Trustee
Xin Hong Company Limited	2201 Interest of corporation controlled by you

Sinic Holdings (Group) Co (HKSE:02103) Headlines

No Headlines