Futian Holdings (HKSE:08196) ROCE % : 0.00% (As of Jun. 2024)

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What is Futian 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. Futian Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Futian Holdings ROCE % Historical Data

The historical data trend for Futian 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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Futian Holdings ROCE % Chart

Futian Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-11.22

-71.16

-16.59

-11.96

3.93

Futian Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-3.87	50.79	25.88	-64.05	-

Futian Holdings ROCE % Calculation

Futian 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 )
	=	3.418	/	( ( (369.968 - 284.102)	+	(289.076 - 200.939) )	/ 2 )
	=	3.418	/	( (85.866	+	88.137)	/ 2 )
	=	3.418	/	87.0015
	=	3.93 %

Futian 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 )
	=	0	/	( ( (289.076 - 200.939)	+	(267.303 - 180.374) )	/ 2 )
	=	0	/	( ( 88.137	+	86.929 )	/ 2 )
	=	0	/	87.533
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Futian Holdings (HKSE:08196) 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.

Futian Holdings ROCE % Related Terms

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Futian Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Futian Holdings Ltd (HKSE:08196) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Keyan Road, Science City, High-tech Industrial Development Zone, Guangzhou, CHN

Website

http://www.greatwater.com.cn

Futian Holdings Ltd is engaged in the environmental protection business. It focuses on offering engineering services for wastewater and drinking water treatment facilities through various business segments which include Engineering, procurement, and construction projects; Construction projects; Equipment projects; Service concession arrangements, and Others. It derives key revenue from the Equipment Projects segment which comprises projects in which the company is engaged by a customer for procurement of necessary materials, equipment, and machinery, installation, testing, and commissioning of the equipment and machinery for the treatment facilities. Its geographic regions are Hong Kong, China, and Vietnam.

Executives

Able Talent Asia Limited	2101 Beneficial owner
Direct Profit Enterprises Limited	2101 Beneficial owner
Xie Yang	2201 Interest of corporation controlled by you
Oceanic Expert Investments Limited	2101 Beneficial owner
Perfect Wave Holdings Limited	2201 Interest of corporation controlled by you
Song Xiao Xing	2201 Interest of corporation controlled by you
Zhao Yanwei	2101 Beneficial owner
Hu Hanning	2202 Interest of your spouse
Keen Leap Investments Limited	2201 Interest of corporation controlled by you
Zhang Yao	2201 Interest of corporation controlled by you
Acute Capital Investments Limited	2201 Interest of corporation controlled by you
Woody Industrial Limited	2101 Beneficial owner
Yang Chen Kuo	2201 Interest of corporation controlled by you

Futian Holdings Headlines

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