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Yuanda China Holdings (HKSE:02789) ROCE % : 9.40% (As of Dec. 2023)


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What is Yuanda China Holdings 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. Yuanda China Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.40%.


Yuanda China Holdings ROCE % Historical Data

The historical data trend for Yuanda China Holdings'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.

Yuanda China Holdings ROCE % Chart

Yuanda China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.44 -16.15 -38.04 13.21 8.71

Yuanda China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -81.02 7.79 22.10 8.58 9.40

Yuanda China Holdings ROCE % Calculation

Yuanda China Holdings'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 )
=110.674/( ( (6587.535 - 5247.453) + (5425.211 - 4222.84) )/ 2 )
=110.674/( (1340.082+1202.371)/ 2 )
=110.674/1271.2265
=8.71 %

Yuanda China Holdings'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 )
=112.642/( ( (5736.304 - 4542.062) + (5425.211 - 4222.84) )/ 2 )
=112.642/( ( 1194.242 + 1202.371 )/ 2 )
=112.642/1198.3065
=9.40 %

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


Yuanda China Holdings  (HKSE:02789) 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.


Yuanda China Holdings ROCE % Related Terms

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Yuanda China Holdings (HKSE:02789) Business Description

Traded in Other Exchanges
N/A
Address
20, Street 13, Shenyang Economic & Technological Development Area, Shenyang, CHN, 110027
Yuanda China Holdings Ltd, along with its subsidiaries, is engaged in the design, procurement, production, sale, and installation of curtain wall systems. It operates in two segments: Domestic Segment which comprises construction contracts carried out in the mainland China. and Overseas segments, which includes construction contracts carried outside of Mainland China. Its geographical segments are Mainland China, United States, United Kingdom, Australia, and Others.
Executives
Kang Baohua 2201 Interest of corporation controlled by you
Neo Pioneer Limited 2101 Beneficial owner
Best Outlook Limited 2101 Beneficial owner

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