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CN Logistics International Holdings (HKSE:02130) ROCE % : 23.00% (As of Dec. 2023)


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What is CN Logistics 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. CN Logistics International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.00%.


CN Logistics International Holdings ROCE % Historical Data

The historical data trend for CN Logistics 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.

* Premium members only.

CN Logistics International Holdings ROCE % Chart

CN Logistics International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 16.78 24.52 32.16 30.82 18.68

CN Logistics International Holdings Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 38.83 34.33 28.09 14.92 23.00

CN Logistics International Holdings ROCE % Calculation

CN Logistics 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 )
=94.933/( ( (1464.007 - 960.686) + (1414.607 - 901.273) )/ 2 )
=94.933/( (503.321+513.334)/ 2 )
=94.933/508.3275
=18.68 %

CN Logistics International Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=115.596/( ( (1450.871 - 958.818) + (1414.607 - 901.273) )/ 2 )
=115.596/( ( 492.053 + 513.334 )/ 2 )
=115.596/502.6935
=23.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


CN Logistics International Holdings  (HKSE:02130) 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.


CN Logistics International Holdings ROCE % Related Terms

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CN Logistics International Holdings Business Description

Traded in Other Exchanges
N/A
Address
97-107 Wo Yi Hop Road, Unit B, 13th Floor, Park Sun Building, Kwai Chung, New Territories, Hong Kong, HKG
CN Logistics International Holdings Ltd is an international logistics solutions provider. Its core business is providing air freight forwarding services and distribution and logistics services in relation to fashion products and fine wine, majorly focusing on high-end fashion including luxury and affordable luxury products.
Executives
Cargo Services Group Limited 2201 Interest of corporation controlled by you
Cs Logistics Holdings Ltd. 2201 Interest of corporation controlled by you
Lau Shek Yau John 2201 Interest of corporation controlled by you
Bai Chang Tai You Xian Gong Si 2201 Interest of corporation controlled by you
Dp World Limited 2201 Interest of corporation controlled by you
Cargo Services Seafreight Limited 2101 Beneficial owner
Cargo Services (logistics) Limited 2101 Beneficial owner
Ngan Au Kei Yee
Ngan Tim Wing 2101 Beneficial owner
Chan Wing Luk 2101 Beneficial owner

CN Logistics International Holdings Headlines

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