China City Infrastructure Group (HKSE:02349) ROCE % : -4.10% (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is China City Infrastructure Group 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. China City Infrastructure Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -4.10%.

China City Infrastructure Group ROCE % Historical Data

The historical data trend for China City Infrastructure Group'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.

China City Infrastructure Group ROCE % Chart

China City Infrastructure Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

0.07

-0.18

-3.83

-0.96

-5.46

China City Infrastructure Group 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															-1.74	-0.16	-1.23	-9.93	-4.10

China City Infrastructure Group ROCE % Calculation

China City Infrastructure Group'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 )
	=	-63.609	/	( ( (1402.305 - 146.463)	+	(1229.839 - 153.841) )	/ 2 )
	=	-63.609	/	( (1255.842	+	1075.998)	/ 2 )
	=	-63.609	/	1165.92
	=	-5.46 %

China City Infrastructure Group'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 )
	=	-43.3	/	( ( (1229.839 - 153.841)	+	(1183.841 - 146.691) )	/ 2 )
	=	-43.3	/	( ( 1075.998	+	1037.15 )	/ 2 )
	=	-43.3	/	1056.574
	=	-4.10 %

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

China City Infrastructure Group (HKSE:02349) 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.

China City Infrastructure Group ROCE % Related Terms

Thank you for viewing the detailed overview of China City Infrastructure Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

China City Infrastructure Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China City Infrastructure Group Ltd (HKSE:02349) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suit 6208, 62nd Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.city-infrastructure.com

China City Infrastructure Group Ltd is an investment holding company. The Company focuses on property development, leasing investment properties, and property management business services in Wuhan, China. Operating primarily in Hubei Province, it serves both residential and commercial sectors in the dynamic Chinese real estate market. It operates its business through four segments: the Property Development Business segment, which engages in the development of property projects; the Property Investment Business segment is engaged in the leasing of investment properties. and Property Management Business segment is engaged in the provision of property management and other services. The company generates the majority of its revenue from the PRC.

Executives

Sky Climber Development Limited	2101 Beneficial owner
Yang Zhixiong	2201 Interest of corporation controlled by you
Fu Lam Wu	2106 Person having a security interest in shares
Linkway Investment Holdings Limited
Li Chao Bo
China Financial International Investments Limited
Good Outlook Investments Limited	2101 Beneficial owner
Wang Lisha
Capital Focus Asset Management Limited
China Financial International Investments & Managements Limited

China City Infrastructure Group Headlines

No Headlines