Hangzhou Landscaping Co (SHSE:605303) ROCE % : -0.58% (As of Sep. 2024)

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What is Hangzhou Landscaping 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. Hangzhou Landscaping Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.58%.

Hangzhou Landscaping Co ROCE % Historical Data

The historical data trend for Hangzhou Landscaping 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.

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Hangzhou Landscaping Co ROCE % Chart

Hangzhou Landscaping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.84

11.31

5.38

-18.11

-12.19

Hangzhou Landscaping 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															-13.22	-16.97	-4.70	-14.47	-0.58

Hangzhou Landscaping Co ROCE % Calculation

Hangzhou Landscaping 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 )
	=	-170.365	/	( ( (2835.045 - 1356.093)	+	(2655.813 - 1340.153) )	/ 2 )
	=	-170.365	/	( (1478.952	+	1315.66)	/ 2 )
	=	-170.365	/	1397.306
	=	-12.19 %

Hangzhou Landscaping 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 )
	=	-7.26	/	( ( (2466.934 - 1221.716)	+	(2402.002 - 1148.514) )	/ 2 )
	=	-7.26	/	( ( 1245.218	+	1253.488 )	/ 2 )
	=	-7.26	/	1249.353
	=	-0.58 %

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

Hangzhou Landscaping Co (SHSE:605303) 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.

Hangzhou Landscaping Co ROCE % Related Terms

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Hangzhou Landscaping Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hangzhou Landscaping Co Ltd (SHSE:605303) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

226 Kaixuan Road, 8th Floor, Office Building, Jianggan District, Zhejiang Provinc, Hangzhou, CHN, 310020

Website

http://www.hzyllh.com

Hangzhou Landscaping Co Ltd operates as a landscape engineering construction company.

Executives

Wang Bing	senior management
Wu Guang Hong	Director
Zhang Yan Liang	Directors, senior managers
Chen Bo Xiang	Directors, senior managers
Li Shou Ren	senior management
Ding Xu Sheng	Directors, senior managers
Sun Li Heng	senior management

Hangzhou Landscaping Co Headlines

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