Quhuo (QH) ROCE % : -16.41% (As of Jun. 2024)

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

What is Quhuo 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. Quhuo's annualized ROCE % for the quarter that ended in Jun. 2024 was -16.41%.

Quhuo ROCE % Historical Data

The historical data trend for Quhuo'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.

Quhuo ROCE % Chart

Quhuo Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

5.42

5.96

-29.10

1.78

1.73

Quhuo Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								-5.89	9.42	-2.00	5.51	-16.41

Quhuo ROCE % Calculation

Quhuo'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 )
	=	1.395	/	( ( (151.415 - 69.989)	+	(144.525 - 64.255) )	/ 2 )
	=	1.395	/	( (81.426	+	80.27)	/ 2 )
	=	1.395	/	80.848
	=	1.73 %

Quhuo'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 )
	=	-12.912	/	( ( (144.525 - 64.255)	+	(135.26 - 58.144) )	/ 2 )
	=	-12.912	/	( ( 80.27	+	77.116 )	/ 2 )
	=	-12.912	/	78.693
	=	-16.41 %

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

Quhuo (NAS:QH) 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.

Quhuo ROCE % Related Terms

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

Quhuo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quhuo Ltd (NAS:QH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huihe South Street, 3F, Building A, No. 1 South Bank, Xinanmen, Chaoyang District, Beijing, CHN, 100020

Website

https://www.quhuo.cn

Quhuo Ltd is a gig economy platform in China. The company provides tech-enabled, end-to-end operational solutions to consumer service businesses in industries with e-commerce exposure, including food delivery, ride-hailing, housekeeping, bike-sharing, and other services. The company generates revenue predominantly from service fees paid by its industry customers, and to a lesser extent, from rental fees under its car leasing agreements with drivers engaged in the ride-hailing solutions. It derives all of its revenue from the PRC. The company's revenues are categorized into On-demand delivery solutions; Mobility service solutions; Housekeeping solutions and other services. The On-demand delivery solutions generate key revenue for the firm.