Shenyang Public Utility Holdings Co (STU:SH3) ROCE % : -56.73% (As of Dec. 2023)

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What is Shenyang Public Utility Holdings 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. Shenyang Public Utility Holdings Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -56.73%.

Shenyang Public Utility Holdings Co ROCE % Historical Data

The historical data trend for Shenyang Public Utility Holdings 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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Shenyang Public Utility Holdings Co ROCE % Chart

Shenyang Public Utility Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.70

-5.02

-4.33

-12.11

-28.16

Shenyang Public Utility Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.56	-0.80	-23.24	-1.27	-56.73

Shenyang Public Utility Holdings Co ROCE % Calculation

Shenyang Public Utility Holdings 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 )
	=	-18.592	/	( ( (101.415 - 23.743)	+	(81.255 - 26.893) )	/ 2 )
	=	-18.592	/	( (77.672	+	54.362)	/ 2 )
	=	-18.592	/	66.017
	=	-28.16 %

Shenyang Public Utility Holdings Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-36.23	/	( ( (93.837 - 20.48)	+	(81.255 - 26.893) )	/ 2 )
	=	-36.23	/	( ( 73.357	+	54.362 )	/ 2 )
	=	-36.23	/	63.8595
	=	-56.73 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Shenyang Public Utility Holdings Co (STU:SH3) 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.

Shenyang Public Utility Holdings Co ROCE % Related Terms

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Shenyang Public Utility Holdings Co (STU:SH3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenyang Public Utility Holdings Co Ltd (STU:SH3) » Definitions » ROCE %

Traded in Other Exchanges

00747:Hong Kong

Address

No. 55, Xinghua North Street, Room 3802, Block N Zhidi Mansion, Tiexi District, Shenyang, CHN

Website

http://www.shenyang747.com

Shenyang Public Utility Holdings Co Ltd is an investment holding company. The company's segments consist of the Construction of infrastructure and development of properties and Property Investment. It generates maximum revenue from the Construction of infrastructure and development of properties segment. Geographically, it derives a majority of its revenue from China.

Shenyang Public Utility Holdings Co (STU:SH3) Headlines

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