GHW International (HKSE:09933) ROCE % : 6.43% (As of Jun. 2024)

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What is GHW International 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. GHW International's annualized ROCE % for the quarter that ended in Jun. 2024 was 6.43%.

GHW International ROCE % Historical Data

The historical data trend for GHW International'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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GHW International ROCE % Chart

GHW International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.76

5.87

36.96

44.71

3.65

GHW International Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										61.76	29.53	5.63	1.88	6.43

GHW International ROCE % Calculation

GHW International'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 )
	=	35.461	/	( ( (1874.554 - 871.402)	+	(1905.759 - 967.426) )	/ 2 )
	=	35.461	/	( (1003.152	+	938.333)	/ 2 )
	=	35.461	/	970.7425
	=	3.65 %

GHW International'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 )
	=	57.776	/	( ( (1905.759 - 967.426)	+	(2094.505 - 1236.464) )	/ 2 )
	=	57.776	/	( ( 938.333	+	858.041 )	/ 2 )
	=	57.776	/	898.187
	=	6.43 %

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

GHW International (HKSE:09933) 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.

GHW International ROCE % Related Terms

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GHW International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » GHW International (HKSE:09933) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Aoti Street, 2nd and 3rd floor, 6th Building, Xincheng Science Park, Nanjing, CHN

Website

https://www.goldenhighway.com

GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third party manufacturers based in the PRC, the Southeast Asia region, Europe and the us. It offers a comprehensive product portfolio with a wide range of applications and a full spectrum of services relating to chemical intermediates supply chain. Its business operation consists of four principal business segments which include polyurethane materials, animal nutrition chemicals, fine chemicals and pharmaceutical products and intermediates.

Executives

Endless Reward Limited	2101 Beneficial owner
Tricor Trust (hong Kong) Limited	2301 Trustee
Ze Lu	2101 Beneficial owner
Wu Hailing	2202 Interest of your spouse
Yin Yanbin	2201 Interest of corporation controlled by you
Commonwealth B Limited	2101 Beneficial owner
Commonwealth Yanbin Limited	2201 Interest of corporation controlled by you
Commonwealth Ghw Limited	2101 Beneficial owner
Commonwealth Happy Elephant Limited	2101 Beneficial owner
Commonwealth Yyb Limited	2201 Interest of corporation controlled by you

GHW International Headlines

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