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Zhongliang Holdings Group Co (HKSE:02772) ROCE % : -4.69% (As of Jun. 2024)


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What is Zhongliang Holdings 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. Zhongliang Holdings Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was -4.69%.


Zhongliang Holdings Group Co ROCE % Historical Data

The historical data trend for Zhongliang Holdings 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.

* Premium members only.

Zhongliang Holdings Group Co ROCE % Chart

Zhongliang Holdings Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 34.24 21.99 14.27 0.32 1.99

Zhongliang Holdings Group Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.22 -7.73 9.87 -7.38 -4.69

Zhongliang Holdings Group Co ROCE % Calculation

Zhongliang Holdings 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 )
=775.043/( ( (265575.842 - 219981.785) + (197720.227 - 165303.964) )/ 2 )
=775.043/( (45594.057+32416.263)/ 2 )
=775.043/39005.16
=1.99 %

Zhongliang Holdings 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 )
=-1599.756/( ( (197720.227 - 165303.964) + (160160.125 - 124361.144) )/ 2 )
=-1599.756/( ( 32416.263 + 35798.981 )/ 2 )
=-1599.756/34107.622
=-4.69 %

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


Zhongliang Holdings Group Co  (HKSE:02772) 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.


Zhongliang Holdings Group Co ROCE % Related Terms

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Zhongliang Holdings Group Co Business Description

Traded in Other Exchanges
Address
235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN
Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; other services ; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.
Executives
Yang Jian
Ubs Group Ag 2201 Interest of corporation controlled by you
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Xu Xiaoqun 2202 Interest of your spouse
Changxing Pte. Ltd. 2301 Trustee
Liangzhong international co., ltd. 2101 Beneficial owner

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