Universal Health International Group Holding (HKSE:02211) ROCE % : -12.93% (As of Dec. 2023)

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What is Universal Health International Group Holding 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. Universal Health International Group Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was -12.93%.

Universal Health International Group Holding ROCE % Historical Data

The historical data trend for Universal Health International Group Holding'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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Universal Health International Group Holding ROCE % Chart

Universal Health International Group Holding Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-13.15

-32.17

-78.44

-35.85

-26.52

Universal Health International Group Holding Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-46.68	-25.02	-20.00	-35.10	-12.93

Universal Health International Group Holding ROCE % Calculation

Universal Health International Group Holding's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-121.229	/	( ( (983.563 - 457.586)	+	(808.155 - 419.821) )	/ 2 )
	=	-121.229	/	( (525.977	+	388.334)	/ 2 )
	=	-121.229	/	457.1555
	=	-26.52 %

Universal Health International Group Holding'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 )
	=	-47.862	/	( ( (808.155 - 419.821)	+	(822.649 - 470.59) )	/ 2 )
	=	-47.862	/	( ( 388.334	+	352.059 )	/ 2 )
	=	-47.862	/	370.1965
	=	-12.93 %

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

Universal Health International Group Holding (HKSE:02211) 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.

Universal Health International Group Holding ROCE % Related Terms

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Universal Health International Group Holding (HKSE:02211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Universal Health International Group Holding Ltd (HKSE:02211) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 14-1, Bei Yi Zhong Road, Tiexi District, Liaoning Province, Shenyang, CHN

Website

http://www.uhighl.com

Universal Health International Group Holding Ltd distributes and retails pharmaceutical products in Northeast China. It sells prescription and OTC products, healthcare products, medical devices, and other personal and family care products. The company operates its business through two segments: Distributions and Retails, out of which, majority of revenue is earned by Distributions Segment.

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