Hanshang Group Co (SHSE:600774) ROCE % : 0.90% (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Hanshang Group Co 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. Hanshang Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.90%.

Hanshang Group Co ROCE % Historical Data

The historical data trend for Hanshang Group Co'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.

Hanshang Group Co ROCE % Chart

Hanshang Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.98

9.00

9.59

6.62

5.37

Hanshang Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															6.50	1.28	4.57	1.72	0.90

Hanshang Group Co ROCE % Calculation

Hanshang Group Co'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 )
	=	119.35	/	( ( (3518.93 - 1305.854)	+	(3694.821 - 1460.172) )	/ 2 )
	=	119.35	/	( (2213.076	+	2234.649)	/ 2 )
	=	119.35	/	2223.8625
	=	5.37 %

Hanshang Group Co's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	19.076	/	( ( (3530.539 - 1376.98)	+	(3528.487 - 1427.171) )	/ 2 )
	=	19.076	/	( ( 2153.559	+	2101.316 )	/ 2 )
	=	19.076	/	2127.4375
	=	0.90 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Hanshang Group Co (SHSE:600774) 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.

Hanshang Group Co ROCE % Related Terms

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

Hanshang Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hanshang Group Co Ltd (SHSE:600774) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 134 Hanyang Avenue, Hubei, Wuhan, CHN, 430050

Website

http://www.whhsg.com

Hanshang Group Co Ltd is engaged in integrating retail, convention and exhibition, and commercial real estate industries. It owns three shopping malls: Ginza, 21st Century and Wuzhan, Wuhan Wedding Photo Material City, Xianning Hot Spring Resort, and holding Wuhan International Convention and Exhibition Center.

Executives

Zhang Zhen Tao	senior management
Zhang Yan Ping	senior management
Feng Fan	senior management
Du Shu Wei	Director
Yang Fang	Directors, senior managers
Liu Jing Tao	Supervisors
Xiao Ping	senior management
Long Zhou	senior management
Wei Ze Qing	senior management
Wang Guan Nan	senior management
Hu Shu Wen	senior management
Zhang Xian Hua	Director
Yao Xian Hua	Director
Yang Han Sheng	Director
Zhang Qing	Director

Hanshang Group Co Headlines

No Headlines