Shenzhen Worldunion Group (SZSE:002285) ROCE % : -7.97% (As of Sep. 2024)

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What is Shenzhen Worldunion Group 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. Shenzhen Worldunion Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.97%.

Shenzhen Worldunion Group ROCE % Historical Data

The historical data trend for Shenzhen Worldunion Group'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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Shenzhen Worldunion Group ROCE % Chart

Shenzhen Worldunion Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.17

5.85

-13.76

-4.31

-7.41

Shenzhen Worldunion Group 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															-3.43	-34.90	-4.68	8.79	-7.97

Shenzhen Worldunion Group ROCE % Calculation

Shenzhen Worldunion Group'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 )
	=	-257.431	/	( ( (6792.042 - 3091.572)	+	(5388.641 - 2138.502) )	/ 2 )
	=	-257.431	/	( (3700.47	+	3250.139)	/ 2 )
	=	-257.431	/	3475.3045
	=	-7.41 %

Shenzhen Worldunion Group'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 )
	=	-249.584	/	( ( (4970.128 - 1797.164)	+	(4712.841 - 1625.901) )	/ 2 )
	=	-249.584	/	( ( 3172.964	+	3086.94 )	/ 2 )
	=	-249.584	/	3129.952
	=	-7.97 %

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

Shenzhen Worldunion Group (SZSE:002285) 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.

Shenzhen Worldunion Group ROCE % Related Terms

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Shenzhen Worldunion Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Worldunion Group Inc (SZSE:002285) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2028 Shennan East Road, 12th Floor, Golden Business Centre, Guangdong, Shenzhen, CHN, 518001

Website

http://www.worldunion.com.cn

Shenzhen Worldunion Group Inc is a China-based consulting company specialized in the real estate industry. It also provides Consulting, Agency marketing, Financial Services, and Asset services. The company operates mainly within domestic markets.

Executives

Yuan Hong Chang	Supervisors
Li Rong	Executives
Zhu Min	Directors, executives
Ji Ru Jin	Supervisors
Fan Ying	Directors, executives
Wang Wei	Executives
Jiao An Ping	Executives
Chen Jin Song	Director
Wang Hai Chen	Executives
Teng Bai Song	Supervisors
Zhou Xiao Hua	Director
Wang Zheng Yu	Executives
Lin Wei	Executives
Mo Tian Quan	Director
Xing Bai Jing	Executives

Shenzhen Worldunion Group Headlines

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