Hollwin Urban Operation Service Group Co (HKSE:02529) ROCE % : 31.83% (As of Jun. 2024)

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What is Hollwin Urban Operation Service Group Co 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. Hollwin Urban Operation Service Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 31.83%.

Hollwin Urban Operation Service Group Co ROCE % Historical Data

The historical data trend for Hollwin Urban Operation Service Group Co'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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Hollwin Urban Operation Service Group Co ROCE % Chart

Hollwin Urban Operation Service Group Co Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

37.65

41.16

41.56

Hollwin Urban Operation Service Group Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	52.90	33.23	31.83

Hollwin Urban Operation Service Group Co ROCE % Calculation

Hollwin Urban Operation Service Group Co'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 )
	=	101.728	/	( ( (602.429 - 395.048)	+	(711.059 - 428.879) )	/ 2 )
	=	101.728	/	( (207.381	+	282.18)	/ 2 )
	=	101.728	/	244.7805
	=	41.56 %

Hollwin Urban Operation Service Group Co'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 )
	=	109.684	/	( ( (711.059 - 428.879)	+	(867.735 - 460.629) )	/ 2 )
	=	109.684	/	( ( 282.18	+	407.106 )	/ 2 )
	=	109.684	/	344.643
	=	31.83 %

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

Hollwin Urban Operation Service Group Co (HKSE:02529) 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.

Hollwin Urban Operation Service Group Co ROCE % Related Terms

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Hollwin Urban Operation Service Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hollwin Urban Operation Service Group Co Ltd (HKSE:02529) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pilot Road, 9/F, Building A1, Xiangjiang Times Square, No. 179, Yuelu District, Hunan Province, Changsha, CHN

Website

http://www.hollwingroup.com

Hollwin Urban Operation Service Group Co Ltd is a urban service and operation provider with business operations primarily based in Changsha. The services provided are divided into three categories: (i) property management services, including different property management services to public properties, commercial properties, and residential properties, and value-added services; (ii) urban services, including landscaping and engineering, lighting system operation, parking lot operation, and municipal sanitation services; and (iii) commercial operation services. Key revenue is generated from Urban services.

Executives

Rays Capital Partners Limited	2102 Investment manager
Asian Equity Special Opportunities Portfolio Master Fund Limited	2101 Beneficial owner
Ruan David Ching Chi	2201 Interest of corporation controlled by you
Hsbc Holdings Plc	2302 Custodian
Chang Sha Cheng Shi Fa Zhan Ji Tuan You Xian Gong Si

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