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ManpowerGroup Greater China (HKSE:02180) ROCE % : 16.20% (As of Dec. 2024)


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What is ManpowerGroup Greater China 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. ManpowerGroup Greater China's annualized ROCE % for the quarter that ended in Dec. 2024 was 16.20%.


ManpowerGroup Greater China ROCE % Historical Data

The historical data trend for ManpowerGroup Greater China'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.

ManpowerGroup Greater China ROCE % Chart

ManpowerGroup Greater China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only 13.78 15.05 13.18 14.60 13.82

ManpowerGroup Greater China Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.03 12.74 16.59 12.09 16.20

ManpowerGroup Greater China ROCE % Calculation

ManpowerGroup Greater China's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=204.912/( ( (2338.073 - 892.665) + (2724.826 - 1204.365) )/ 2 )
=204.912/( (1445.408+1520.461)/ 2 )
=204.912/1482.9345
=13.82 %

ManpowerGroup Greater China's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=238.06/( ( (2353.96 - 935.475) + (2724.826 - 1204.365) )/ 2 )
=238.06/( ( 1418.485 + 1520.461 )/ 2 )
=238.06/1469.473
=16.20 %

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


ManpowerGroup Greater China  (HKSE:02180) 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.


ManpowerGroup Greater China ROCE % Related Terms

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ManpowerGroup Greater China Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Pudong Road (S), 36th Floor, Xin Mei Union Square, Pudong District, Shanghai, CHN
ManpowerGroup Greater China Ltd is engaged in the business of workforce solutions and services around the world in regions outside of Greater China; It provides flexible employment, talent hunting, recruitment process outsourcing, talent management, and training development. The segments of the company include The workforce Solutions segment includes Flexible staffing services and Recruitment solutions services, and the Other HR Services segment provides HR services to customers who need assistance in outplacement, leadership development, career management, talent assessment, and training and development services. The company derives a majority of its revenue from the People's Republic of China.
Executives
Bang Mai Xiang Gang You Xian Gong Si 2101 Beneficial owner
Fang Yong Zhong 2201 Interest of corporation controlled by you
Bei Jing Bang Mai Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Feng Hui Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Citic Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cm Phoenix Tree Limited 2101 Beneficial owner
Cm Phoenix Tree Ii Limited 2201 Interest of corporation controlled by you
Citicpe Holdings Limited 2201 Interest of corporation controlled by you
Citic Pe Funds Ii Limited 2201 Interest of corporation controlled by you
Manpower Nominees Inc. 2101 Beneficial owner

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