Fineland Living Services Group (HKSE:09978) ROCE % : -14.33% (As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Fineland Living Services Group 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. Fineland Living Services Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -14.33%.

Fineland Living Services Group ROCE % Historical Data

The historical data trend for Fineland Living Services Group'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.

Fineland Living Services Group ROCE % Chart

Fineland Living Services Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

26.47

15.96

17.09

12.75

-29.84

Fineland Living Services Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial												15.09	10.56	-16.38	-45.09	-14.33

Fineland Living Services Group ROCE % Calculation

Fineland Living Services Group'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 )
	=	-72.204	/	( ( (640.813 - 356.195)	+	(523.145 - 323.893) )	/ 2 )
	=	-72.204	/	( (284.618	+	199.252)	/ 2 )
	=	-72.204	/	241.935
	=	-29.84 %

Fineland Living Services Group'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 )
	=	-27.004	/	( ( (523.145 - 323.893)	+	(479.335 - 301.587) )	/ 2 )
	=	-27.004	/	( ( 199.252	+	177.748 )	/ 2 )
	=	-27.004	/	188.5
	=	-14.33 %

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

Fineland Living Services Group (HKSE:09978) 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.

Fineland Living Services Group ROCE % Related Terms

Thank you for viewing the detailed overview of Fineland Living Services Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fineland Living Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fineland Living Services Group Ltd (HKSE:09978) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Tiyu East Road, Fineland Plaza, Tianhe District, Guangzhou, CHN

Website

http://www.finelandassets.com

Fineland Living Services Group Ltd is principally engaged in providing comprehensive real estate agency services and professional property management services. The company through its operators in Guangzhou, China provides real estate agency services in both the primary and secondary property markets. It operates in the business segments of the provision of comprehensive real estate agency services and the provision of professional property management services.

Executives

Aspiring Vision Holdings Limited	2101 Beneficial owner
Huiyu Investment Holdings Limited	2101 Beneficial owner
Fineland Group Holdings Company Limited	2201 Interest of corporation controlled by you
Zheng Muming	2202 Interest of your spouse
Zheng Hui	2202 Interest of your spouse
Huang Peng	2103 Interests held jointly with another person
Tse Lai Wa	2103 Interests held jointly with another person
Fong Ming	2501 Other
Widethrive Investments Limited	2201 Interest of corporation controlled by you
Stand Smooth Group Limited	2201 Interest of corporation controlled by you
Mansion Green Holdings Limited	2101 Beneficial owner
Hero Dragon Management Limited	2201 Interest of corporation controlled by you
He Kangkang	2202 Interest of your spouse
Metropolitan Dawn Holdings Limited	2101 Beneficial owner
Rong Haiming	2201 Interest of corporation controlled by you

Fineland Living Services Group Headlines

No Headlines