Ximei Resources Holding (HKSE:09936) ROCE % : 13.95% (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ximei Resources Holding 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. Ximei Resources Holding's annualized ROCE % for the quarter that ended in Jun. 2024 was 13.95%.

Ximei Resources Holding ROCE % Historical Data

The historical data trend for Ximei Resources Holding'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.

Ximei Resources Holding ROCE % Chart

Ximei Resources Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

21.26

21.80

15.24

11.68

13.99

Ximei Resources Holding Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial										11.61	11.48	11.39	13.95	14.05

Ximei Resources Holding ROCE % Calculation

Ximei Resources Holding'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 )
	=	154.47	/	( ( (1897.39 - 578.418)	+	(2109.056 - 783.08) )	/ 2 )
	=	154.47	/	( (1318.972	+	1325.976)	/ 2 )
	=	154.47	/	1322.474
	=	11.68 %

Ximei Resources Holding'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 )
	=	192.85	/	( ( (2109.056 - 783.08)	+	(2170.775 - 731.362) )	/ 2 )
	=	192.85	/	( ( 1325.976	+	1439.413 )	/ 2 )
	=	192.85	/	1382.6945
	=	13.95 %

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

Ximei Resources Holding (HKSE:09936) 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.

Ximei Resources Holding ROCE % Related Terms

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

Ximei Resources Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ximei Resources Holding Ltd (HKSE:09936) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hongqiao Village, Qiaotou Town, Guangdong Province, Yingde, CHN

Website

http://www.zhiyuanm.com

Ximei Resources Holding Ltd produces tantalum- and niobium-based metallurgical products in China. Tantalum- and niobium-based metallurgical products are essential in the downstream manufacture of many products used in high-tech industries, such as special alloys, chemicals, automobiles, Oil and gas pipelines, Sputtering targets, capacitors, and hard alloys. Its principal products are tantalum pentoxide and niobium pentoxide. It also produces and sells potassium heptafluorotantalate. The company sells processed products such as tantalum bars, tantalum carbide, and niobium bars to process the pentoxide products and potassium heptafluorotantalate it produces or purchases from third-party metallurgy companies.

Executives

Ganfeng Lithium Co., Ltd.	2101 Beneficial owner
Jiawei Resources Holding Limited	2101 Beneficial owner
Ruan Xiaomei	2202 Interest of your spouse
Wu Lijue	2201 Interest of corporation controlled by you

Ximei Resources Holding Headlines

No Headlines