Grace Life tech Holdings (HKSE:02112) ROCE % : 0.00% (As of Jun. 2024)

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What is Grace Life tech 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. Grace Life tech Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Grace Life tech Holdings ROCE % Historical Data

The historical data trend for Grace Life tech 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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Grace Life tech Holdings ROCE % Chart

Grace Life tech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-30.77

-19.39

-544.94

Grace Life tech Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Grace Life tech Holdings ROCE % Calculation

Grace Life tech 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 )
	=	-185.678	/	( ( (1039.802 - 1639.613)	+	(850.87 - 1760.001) )	/ 2 )
	=	-185.678	/	( (-599.811	+	-909.131)	/ 2 )
	=	-185.678	/	-754.471
	=	24.61 %

Grace Life tech 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 )
	=	-9.168	/	( ( (850.87 - 1760.001)	+	(840.075 - 1819.308) )	/ 2 )
	=	-9.168	/	( ( -909.131	+	-979.233 )	/ 2 )
	=	-9.168	/	-944.182
	=	0 %

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

Grace Life tech Holdings (HKSE:02112) 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.

Grace Life tech Holdings ROCE % Related Terms

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Grace Life tech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Grace Life tech Holdings Ltd (HKSE:02112) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 22, D&E, Level 22, Menara Zenith Putra Square, MSC Kuantan, Kuantan, PHG, MYS, 25200

Website

http://www.caa-resources.com/html/index.php

Grace Life tech Holdings Ltd is engaged in iron ore exploration, mining, crushing, and beneficiation as well as the sale of iron ore products in the form of iron ore concentrates and iron ore fines. The company's segments are the Iron ore mining and processing operation segment, Commercial trade segment, Health product trade segment, Electronic products trade segments, and others. It generates the majority of its revenue from the Health product trade segment which includes the trading of health products. It has geographical markets in the PRC, Hong Kong, Malaysia, and others. It derives revenue from Hong Kong.

Executives

Haitong International Holdings Limited	2201 Interest of corporation controlled by you
Haitong International Securities Group Limited	2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd.	2201 Interest of corporation controlled by you
Haitong International Finance Company Limited	2101 Beneficial owner
Si Chuan Sheng Chuan Jiu Ji Tuan Guo Ji Mao Yi You Xian Gong Si	2101 Beneficial owner
Ng Khing Yeu	2101 Beneficial owner
En Dian Shi Dai Ji Tuan You Xian Gong Si	2101 Beneficial owner
Cosmo Field Holdings Limited	2101 Beneficial owner
Li Yang	2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Li Yang	2201 Interest of corporation controlled by you
Ample Professional Limited	2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Haitong International Financial Products (singapore) Pte. Ltd.	2106 Person having a security interest in shares
Haitong International Securities Group (singapore) Pte. Ltd.	2201 Interest of corporation controlled by you

Grace Life tech Holdings Headlines

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