Zhonghua Gas Holdings (HKSE:08246) ROCE % : 0.00% (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Zhonghua Gas 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. Zhonghua Gas Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Zhonghua Gas Holdings ROCE % Historical Data

The historical data trend for Zhonghua Gas 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.

Zhonghua Gas Holdings ROCE % Chart

Zhonghua Gas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-31.86

-62.85

-1.77

-1.33

-24.27

Zhonghua Gas Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															124.46	-34.01	-78.14	-	-

Zhonghua Gas Holdings ROCE % Calculation

Zhonghua Gas Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-41.117	/	( ( (382.462 - 229.676)	+	(433.505 - 247.505) )	/ 2 )
	=	-41.117	/	( (152.786	+	186)	/ 2 )
	=	-41.117	/	169.393
	=	-24.27 %

Zhonghua Gas Holdings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	0	/	( ( (393.482 - 232.401)	+	(433.505 - 247.505) )	/ 2 )
	=	0	/	( ( 161.081	+	186 )	/ 2 )
	=	0	/	173.5405
	=	0.00 %

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

Zhonghua Gas Holdings (HKSE:08246) 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.

Zhonghua Gas Holdings ROCE % Related Terms

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

Zhonghua Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zhonghua Gas Holdings Ltd (HKSE:08246) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 23rd Floor, Chinachem Century Tower, Wan chai, Hong Kong, HKG

Website

https://www.8246hk.com

Zhonghua Gas Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of diverse integrated new energy services including technological development, construction and consultancy services in relation to heat supply and coal-to-natural gas conversion, operation of liquefied natural gas stations, coupled with the trading of new energy-related industrial products (New Energy Business); the operation of restaurants and trading of non-staple food (Catering Business) and the leasing of investment properties. The Group has two reportable operating segments, which are Energy Business; and Property Investments. It derives a majority of its revenue from the energy business.

Executives

Depot Up Limited	2101 Beneficial owner
Smart Lane Global Limited	2101 Beneficial owner
Uprise Global Investments Limited	2101 Beneficial owner
Blossom Merit Limited	2101 Beneficial owner
Hu Yishi	2201 Interest of corporation controlled by you
Lin Min,mindy	2201 Interest of corporation controlled by you
Song Zhi Cheng	2201 Interest of corporation controlled by you
Chan Tai Neng	2201 Interest of corporation controlled by you
Yuan Rong Century Investment Holdings Limited	2201 Interest of corporation controlled by you
Wang Xiang Ming	2101 Beneficial owner
Full Kingdom Limited
Kai Yuan Holdings Limited
New York Limited

Zhonghua Gas Holdings Headlines

No Headlines