Anton Oilfield Services Group (HKSE:03337) ROCE % : 14.69% (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Anton Oilfield Services 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. Anton Oilfield Services Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 14.69%.

Anton Oilfield Services Group ROCE % Historical Data

The historical data trend for Anton Oilfield Services 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.

Anton Oilfield Services Group ROCE % Chart

Anton Oilfield Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.07

8.11

9.74

15.37

13.17

Anton Oilfield Services 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															13.82	17.14	12.88	13.53	14.69

Anton Oilfield Services Group ROCE % Calculation

Anton Oilfield Services 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 )
	=	638.495	/	( ( (8914.505 - 4233.413)	+	(10726.552 - 5710.244) )	/ 2 )
	=	638.495	/	( (4681.092	+	5016.308)	/ 2 )
	=	638.495	/	4848.7
	=	13.17 %

Anton Oilfield Services 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 )
	=	684.758	/	( ( (10726.552 - 5710.244)	+	(10348.696 - 6039.625) )	/ 2 )
	=	684.758	/	( ( 5016.308	+	4309.071 )	/ 2 )
	=	684.758	/	4662.6895
	=	14.69 %

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

Anton Oilfield Services Group (HKSE:03337) 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.

Anton Oilfield Services Group ROCE % Related Terms

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

Anton Oilfield Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anton Oilfield Services Group (HKSE:03337) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

5AO:Germany

Address

No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102

Website

https://www.antonoil.com

Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through the following segments; Oilfield technical services, Oilfield management services, Drilling rig services, and Inspection services. The majority of the company's revenue is generated from the Oilfield technical services segment which covers the full life cycle of oil and gas development, including geological technology, drilling technology, well completion and stimulation technology as well as asset leasing services for the industry. Geographically, the firm derives its key revenue from the Republic of Iraq followed by the People's Republic of China, and other countries.

Executives

Luo Lin	2101 Beneficial owner
Boci Trustee (hong Kong) Limited	2301 Trustee
Avalon Assets Limited	2101 Beneficial owner
Butterfield Trust (asia) Limited	2301 Trustee
China Oil Hbp Science & Technology Co., Ltd.
Credit Suisse Trust Limited	2101 Beneficial owner
Pro Development Holdings Corp.	2101 Beneficial owner
Hong Kong Huihua Global Technology Limited	2101 Beneficial owner

Anton Oilfield Services Group Headlines

No Headlines