Trans-China Automotive Holdings (SGX:VI2) ROCE %: -41.72% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Trans-China Automotive Holdings ROCE %?

Trans-China Automotive Holdings SGX:VI2 ROCE % is -41.72% as of Dec. 2025. The stock has 2 warning signs investors should review.

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. Trans-China Automotive Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was -41.72%.


Trans-China Automotive Holdings  (SGX:VI2) 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.


Trans-China Automotive Holdings ROCE % Related Terms


Trans-China Automotive Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Trans-China Automotive 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.

Trans-China Automotive Holdings ROCE % Chart

Trans-China Automotive Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 32.70 9.11 -9.19 -15.36 -35.19

Trans-China Automotive Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.81 -24.29 -5.85 -30.55 -41.72

Trans-China Automotive Holdings ROCE % Calculation

Trans-China Automotive Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-20.019/( ( (269.92 - 198.008) + (248.709 - 206.84) )/ 2 )
=-20.019/( (71.912+41.869)/ 2 )
=-20.019/56.8905
=-35.19 %

Trans-China Automotive Holdings's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-20.172/( ( (229.771 - 174.932) + (248.709 - 206.84) )/ 2 )
=-20.172/( ( 54.839 + 41.869 )/ 2 )
=-20.172/48.354
=-41.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -41.72% mean?
Trans-China Automotive Holdings (SGX:VI2) has a ROCE % of -41.72% as of Dec. 2025.
Is Trans-China Automotive Holdings' ROCE % too high?
Trans-China Automotive Holdings' current ROCE % is -41.72%.
How does Trans-China Automotive Holdings' ROCE % compare to CVNA and PAG?
Trans-China Automotive Holdings' ROCE % of -41.72% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.96, based on 1,314 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans-China Automotive Holdings's current ROCE % is -41.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans-China Automotive Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trans-China Automotive Holdings (SGX:VI2) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.03, compared to a current price of S$0.01 — trading 53.3% below its estimated fair value. The current ROCE % is -41.72%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Trans-China Automotive Holdings (SGX:VI2), the current ROCE % is -41.72% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trans-China Automotive Holdings Business Description

Address 88 Hing Fat Street, No. 3002, 30th Floor, Causeway Bay, Hong Kong, HKG
Trans-China Automotive Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the business of automobile dealerships in the premium market segment in the People's Republic of China (PRC). The company represents various premium brands such as BMW, McLaren, and Genesis, and owns and operates various dealerships across geographically prosperous cities in China, including Foshan, Shenzhen, Guangzhou, Chongqing, Changsha, and Wuhan. It has one operating segment, which is the sales of automobiles, the provision of aftersales services, and agency revenue. A majority of the company's revenue is generated through sales of automobiles.