SGHIY (Shanghai Industrial Holdings) ROCE % : 4.67% (As of Jun. 2024)

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What is Shanghai Industrial 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. Shanghai Industrial Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.67%.

Shanghai Industrial Holdings ROCE % Historical Data

The historical data trend for Shanghai Industrial 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.

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Shanghai Industrial Holdings ROCE % Chart

Shanghai Industrial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.25

7.02

9.24

5.62

8.49

Shanghai Industrial Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															4.93	6.20	6.43	10.84	4.67

Shanghai Industrial Holdings ROCE % Calculation

Shanghai Industrial Holdings'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 )
	=	1417.822	/	( ( (24909.928 - 8399.81)	+	(22959.821 - 6072.455) )	/ 2 )
	=	1417.822	/	( (16510.118	+	16887.366)	/ 2 )
	=	1417.822	/	16698.742
	=	8.49 %

Shanghai Industrial Holdings'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 )
	=	791.146	/	( ( (22959.821 - 6072.455)	+	(22392.66 - 5368.607) )	/ 2 )
	=	791.146	/	( ( 16887.366	+	17024.053 )	/ 2 )
	=	791.146	/	16955.7095
	=	4.67 %

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

Shanghai Industrial Holdings (OTCPK:SGHIY) 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.

Shanghai Industrial Holdings ROCE % Related Terms

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Shanghai Industrial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Industrial Holdings Ltd (OTCPK:SGHIY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SGHIF:USA 00363:Hong Kong SGI:Germany

Address

39 Gloucester Road, Wanchai, 26th Floor, Harcourt House, Hong Kong, HKG

Website

http://www.sihl.com.hk

Shanghai Industrial Holdings Ltd is engaged in the real estate sector. It operates in four segments Infrastructure and environmental protection which includes investment in toll road/bridge projects and water services/clean energy businesses, Real estate which includes property development and investment and hotel operation, Consumer products which includes manufacture and sale of cigarettes, packaging materials, and printed products, Comprehensive healthcare operations which includes manufacture and sales of pharmaceutical and healthcare products, provision of distribution and supply chain solutions services and operation and franchise of a network of retail pharmacies Its geographical segments are China, Asia, Hong Kong, and others, of which the majority of its revenue comes from China.

Shanghai Industrial Holdings Headlines

From GuruFocus

Unraveling the Dividend Story of Shanghai Industrial Holdings Ltd (SGHIF)

By GuruFocus Research • 09-22-2023