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Cityneon Holdings (Cityneon Holdings) ROCE % : 9.51% (As of Sep. 2018)


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What is Cityneon Holdings 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. Cityneon Holdings's annualized ROCE % for the quarter that ended in Sep. 2018 was 9.51%.


Cityneon Holdings ROCE % Historical Data

The historical data trend for Cityneon Holdings'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.

Cityneon Holdings ROCE % Chart

Cityneon Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROCE %
Get a 7-Day Free Trial Premium Member Only 5.39 11.85 3.13 13.11 22.45

Cityneon Holdings Quarterly Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.89 50.12 16.47 19.39 9.51

Cityneon Holdings ROCE % Calculation

Cityneon Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=22.261/( ( (120.023 - 49.568) + (242.197 - 114.339) )/ 2 )
=22.261/( (70.455+127.858)/ 2 )
=22.261/99.1565
=22.45 %

Cityneon Holdings's ROCE % of for the quarter that ended in Sep. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=13.38/( ( (225.884 - 85.161) + (257.122 - 116.316) )/ 2 )
=13.38/( ( 140.723 + 140.806 )/ 2 )
=13.38/140.7645
=9.51 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2018) 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.


Cityneon Holdings  (OTCPK:CNHDF) 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.


Cityneon Holdings ROCE % Related Terms

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Cityneon Holdings (Cityneon Holdings) Business Description

Traded in Other Exchanges
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Cityneon Holdings Ltd is engaged in providing various business services. The company operates its business through various segments that are Experiential Environment, which comprise of architectural facades, scenic fabrication, sculptures, scaled models, wall reliefs and murals, replicas, and others; Interior Architecture, which comprise of conceptualize, design and interior fitting-out services to commercial properties, healthcare, hospitality services industry, and others; Exhibitions, which comprise of design, fabrication, installation and project management of customized exhibition booths and pavilions, and others; Events, which assist in operations; and Intellectual Property Rights. It offers its services to Singapore, Middle East, Malaysia, China, Asia-Pacific, and other regions.

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