Jiading International Group Holdings (HKSE:08153) ROCE % : -9.90% (As of Sep. 2023)

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What is Jiading International Group 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. Jiading International Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -9.90%.

Jiading International Group Holdings ROCE % Historical Data

The historical data trend for Jiading International Group 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.

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Jiading International Group Holdings ROCE % Chart

Jiading International Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-61.98

-81.16

Jiading International Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-12.27	-63.07	-237.39	-19.16	-9.90

Jiading International Group Holdings ROCE % Calculation

Jiading International Group Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-63.783	/	( ( (141.94 - 66.918)	+	(130.272 - 48.119) )	/ 2 )
	=	-63.783	/	( (75.022	+	82.153)	/ 2 )
	=	-63.783	/	78.5875
	=	-81.16 %

Jiading International Group Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-11.416	/	( ( (0 - 0)	+	(175.224 - 59.962) )	/ 1 )
	=	-11.416	/	( ( 0	+	115.262 )	/ 1 )
	=	-11.416	/	115.262
	=	-9.90 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Jiading International Group Holdings (HKSE:08153) 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.

Jiading International Group Holdings ROCE % Related Terms

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Jiading International Group Holdings (HKSE:08153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Jiading International Group Holdings Ltd (HKSE:08153) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

317–319 Des Voeux Road Central, Room 1104A, 11th floor, Kai Tak Commercial Building, Sheung Wan, Hong Kong, HKG

Website

http://www.jiadingint.com

Jiading International Group Holdings Ltd, formerly Farnova Group Holdings Ltd is an investment holding company. The principal activities of the Group are advertising in Hong Kong, the sales of new energy electric vehicles in the PRC and the sales of new energy battery in the PRC. The company is engaged in the segments of Advertising, New Energy Battery, and New Energy Electric Vehicle:. The vast majority of the revenue is generated from the Advertising segment which is engaged in provision of advertising services in Hong Kong and the PRC. Its geographical segments include Hong Kong, which generates the majority of revenue, and the People's Republic of China.

Executives

Mou Zhongwei	2101 Beneficial owner
Guo Gelin	2101 Beneficial owner
Enerchina Investments Limited	2201 Interest of corporation controlled by you
Oshidori International Holdings Limited	2201 Interest of corporation controlled by you
Uptown Ww Capital Group Limited	2201 Interest of corporation controlled by you
Uptown Ww Holdings Limited	2201 Interest of corporation controlled by you
Wang De Qun	2101 Beneficial owner
Artic Blue Corporation	2101 Beneficial owner
Asian Capital Partners Group Company Limited	2201 Interest of corporation controlled by you
Citic Merchant Co., Limited	2201 Interest of corporation controlled by you
Concorde Capital Group Limited	2201 Interest of corporation controlled by you
Huang Bin	2201 Interest of corporation controlled by you
Song Wen Xia	2101 Beneficial owner
Yiu Kwok Ming Tommy	2101 Beneficial owner

Jiading International Group Holdings (HKSE:08153) Headlines

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