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China State Construction International Holdings (HKSE:03311) ROCE % : 12.84% (As of Jun. 2024)


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What is China State Construction International 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. China State Construction International Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.84%.


China State Construction International Holdings ROCE % Historical Data

The historical data trend for China State Construction International 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.

China State Construction International Holdings ROCE % Chart

China State Construction International 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 11.00 11.03 10.30 10.91 11.78

China State Construction International Holdings 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 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 11.25 10.77 12.40 11.33 12.84

China State Construction International Holdings ROCE % Calculation

China State Construction International 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 )
=15307.033/( ( (228850.129 - 102824.642) + (249274.685 - 115355.495) )/ 2 )
=15307.033/( (126025.487+133919.19)/ 2 )
=15307.033/129972.3385
=11.78 %

China State Construction International Holdings'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 )
=18030.922/( ( (249274.685 - 115355.495) + (265928.615 - 119005.88) )/ 2 )
=18030.922/( ( 133919.19 + 146922.735 )/ 2 )
=18030.922/140420.9625
=12.84 %

(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.


China State Construction International Holdings  (HKSE:03311) 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 State Construction International Holdings ROCE % Related Terms

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China State Construction International Holdings Business Description

Traded in Other Exchanges
Address
139 Hennessy Road, 28th Floor, China Overseas Building, Wanchai, HKG
China State Construction International Holdings Ltd is engaged in the construction business. The principal activity of the Company is the construction business, infrastructure project investments, toll road operation, project consultancy services and facade contracting business.. The company's activities include construction, project consultancy services, thermoelectricity business, infrastructure project investments, toll road operation, and facade contracting business. The company reports in the following segments Mainland China, Hong Kong, Macau and CSC Development Group. It derives a majority of its revenue from Mainland China.
Executives
Zhong Guo Jian Zhu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Jian Zhu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hai Wai Ji Tuan You Xian Gong Si 2101 Beneficial owner
Gic Private Limited 2102 Investment manager

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