Hwange Colliery Co (XZIM:HCCL.ZW) ROCE %: -18.25% (As of Dec. 2022)

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What is Hwange Colliery Co ROCE %?

Hwange Colliery Co XZIM:HCCL.ZW ROCE % is -18.25% as of Dec. 2022.

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. Hwange Colliery Co's annualized ROCE % for the quarter that ended in Dec. 2022 was -18.25%.

Hwange Colliery Co  (XZIM:HCCL.ZW) 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.

Hwange Colliery Co ROCE % Related Terms

Hwange Colliery Co ROCE % Historical Data

* Premium members only.

The historical data trend for Hwange Colliery 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.

Hwange Colliery Co ROCE % Chart

Hwange Colliery Co Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial -0.80 81.94 12.92 0.89 -14.74

Hwange Colliery Co Semi-Annual Data
Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.16 19.48 -17.62 -11.17 -18.25

Hwange Colliery Co ROCE % Calculation

Hwange Colliery Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-7375.493/( ( (22102.027 - 2232.282) + (88020.944 - 7795.698) )/ 2 )
=-7375.493/( (19869.745+80225.246)/ 2 )
=-7375.493/50047.4955
=-14.74 %

Hwange Colliery Co's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=-11242.876/( ( (50781.355 - 7826.018) + (88020.944 - 7795.698) )/ 2 )
=-11242.876/( ( 42955.337 + 80225.246 )/ 2 )
=-11242.876/61590.2915
=-18.25 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -18.25% mean?
Hwange Colliery Co (XZIM:HCCL.ZW) has a ROCE % of -18.25% as of Dec. 2022.
Is Hwange Colliery Co's ROCE % too high?
Hwange Colliery Co's current ROCE % is -18.25%.
How does Hwange Colliery Co's ROCE % compare to competitors?
Hwange Colliery Co's ROCE % of -18.25% can be compared against companies in the Other Energy Sources industry. The industry median ROCE % is 1.37. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Other Energy Sources company?
The median ROCE % among Other Energy Sources companies is 1.37, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Other Energy Sources industry, the median ROCE % is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwange Colliery Co's current ROCE % is -18.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwange Colliery Co stock overvalued right now?
Hwange Colliery Co (XZIM:HCCL.ZW) has a current ROCE % of -18.25%. The current ROCE % is -18.25%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hwange Colliery Co (XZIM:HCCL.ZW), the current ROCE % is -18.25% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hwange Colliery Co Business Description

Address Coronation Dr, Hwange, ZWE
Hwange Colliery Co Ltd is engaged in the extraction, processing, and distribution of coal and coal products, and the provision of health services and various retail goods and services. Its activities are categorised into the following three segments: Mining - the extraction, processing, and distribution of coal and coal products; Medical services - provide healthcare to staff members and the surrounding community; Estates - the division provides properties for rental and sells retail goods and services. The group generates the majority of its revenue from the Mining segment.