Trans-China Automotive Holdings (SGX:VI2) ROCE % : -5.85% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Trans-China Automotive 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. Trans-China Automotive Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was -5.85%.

Trans-China Automotive Holdings ROCE % Historical Data

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.

* Premium members only.

Trans-China Automotive Holdings ROCE % Chart

Trans-China Automotive Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

34.61

32.70

9.11

-9.19

-15.36

Trans-China Automotive Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial						-3.53	2.85	-21.81	-24.29	-5.85

Trans-China Automotive Holdings ROCE % Calculation

Trans-China Automotive Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-13.047	/	( ( (296.975 - 198.994)	+	(269.92 - 198.008) )	/ 2 )
	=	-13.047	/	( (97.981	+	71.912)	/ 2 )
	=	-13.047	/	84.9465
	=	-15.36 %

Trans-China Automotive Holdings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-4.47	/	( ( (241.807 - 160.951)	+	(269.92 - 198.008) )	/ 2 )
	=	-4.47	/	( ( 80.856	+	71.912 )	/ 2 )
	=	-4.47	/	76.384
	=	-5.85 %

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

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

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

Trans-China Automotive Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trans-China Automotive Holdings Ltd (SGX:VI2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, HKG

Website

https://www.tca-auto.com

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), which mainly includes sales of new automobiles, provision of after-sales services including maintenance and repair services; and automobile agency services including related registration and insurance services. It derives maximum revenue from Sales of automobiles.

Trans-China Automotive Holdings Headlines

No Headlines