Tongdao Liepin Group (HKSE:06100) ROCE % : 0.85% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Tongdao Liepin 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. Tongdao Liepin Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.85%.

Tongdao Liepin Group ROCE % Historical Data

The historical data trend for Tongdao Liepin 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.

Tongdao Liepin Group ROCE % Chart

Tongdao Liepin Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.86

3.84

6.98

3.27

1.11

Tongdao Liepin Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial												11.34	-4.51	1.40	0.85	4.63

Tongdao Liepin Group ROCE % Calculation

Tongdao Liepin 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 )
	=	41.305	/	( ( (5498.938 - 1624.18)	+	(4953.423 - 1415.328) )	/ 2 )
	=	41.305	/	( (3874.758	+	3538.095)	/ 2 )
	=	41.305	/	3706.4265
	=	1.11 %

Tongdao Liepin Group'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 )
	=	30.192	/	( ( (5050.557 - 1453.392)	+	(4953.423 - 1415.328) )	/ 2 )
	=	30.192	/	( ( 3597.165	+	3538.095 )	/ 2 )
	=	30.192	/	3567.63
	=	0.85 %

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

Tongdao Liepin Group (HKSE:06100) 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.

Tongdao Liepin Group ROCE % Related Terms

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

Tongdao Liepin Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongdao Liepin Group (HKSE:06100) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TGDLF:USA

Address

Gaoliangqiaoxie Road, Room 415–3, Building No. 5, Courtyard No. 59, Haidian District, Beijing, CHN

Website

https://www.liepin.com

Tongdao Liepin Group is a China-based company engaged in the provision of talent acquisition services to individuals, businesses, and headhunters. The company provides a platform for job seekers to seek career opportunities by connecting them to companies hiring. The firm delivers talent services to individual users mainly through its website, mobile application, and WeChat official account.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Yiheng Capital, Llc
Dai Kebin	2307 Founder of a discretionary trust who can infl
Song Yueting	2202 Interest of your spouse
May Flower Information Technology Co., Limited	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Warburg Pincus Partners Ii, L.p.	2201 Interest of corporation controlled by you
Giant Lilly Investment Ltd	2101 Beneficial owner
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you

Tongdao Liepin Group Headlines

No Headlines