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Capital Industrial Financial Services Group (HKSE:00730) ROCE % : 1.59% (As of Dec. 2023)


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What is Capital Industrial Financial Services 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. Capital Industrial Financial Services Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.59%.


Capital Industrial Financial Services Group ROCE % Historical Data

The historical data trend for Capital Industrial Financial Services 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.

* Premium members only.

Capital Industrial Financial Services Group ROCE % Chart

Capital Industrial Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.92 2.71 2.87 3.10

Capital Industrial Financial Services Group 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 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 2.45 3.17 2.60 4.68 1.59

Capital Industrial Financial Services Group ROCE % Calculation

Capital Industrial Financial Services 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 )
=55.248/( ( (2006.231 - 223.36) + (1914.701 - 129.465) )/ 2 )
=55.248/( (1782.871+1785.236)/ 2 )
=55.248/1784.0535
=3.10 %

Capital Industrial Financial Services Group'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 )
=28.092/( ( (1872.712 - 132.649) + (1914.701 - 129.465) )/ 2 )
=28.092/( ( 1740.063 + 1785.236 )/ 2 )
=28.092/1762.6495
=1.59 %

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


Capital Industrial Financial Services Group  (HKSE:00730) 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.


Capital Industrial Financial Services Group ROCE % Related Terms

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Capital Industrial Financial Services Group (HKSE:00730) Business Description

Traded in Other Exchanges
N/A
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Capital Industrial Financial Services Group Ltd is an investment holding company engaged in the provision of sale and leaseback arrangements services, property leasing services, supply chain management business, assets management, and consultancy services. Its operating divisions are sale and leaseback arrangements services, property leasing services, assets management, and consultancy services, and supply chain management business.
Executives
Shougang Group Co., Ltd. 2201 Interest of corporation controlled by you
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Vms Investment Group Limited 2101 Beneficial owner
Hy Holding Limited
Yip Wang Ngai

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