Dowell Service Group Co (HKSE:02352) ROCE % : -4.97% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Dowell Service Group 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. Dowell Service Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.97%.

Dowell Service Group Co ROCE % Historical Data

The historical data trend for Dowell Service Group 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.

* Premium members only.

Dowell Service Group Co ROCE % Chart

Dowell Service Group Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

27.86

58.08

66.78

26.82

4.93

Dowell Service Group Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			66.27	37.59	14.63	14.80	-4.97

Dowell Service Group Co ROCE % Calculation

Dowell Service Group 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 )
	=	27.958	/	( ( (1419.092 - 855.286)	+	(1525.965 - 956.576) )	/ 2 )
	=	27.958	/	( (563.806	+	569.389)	/ 2 )
	=	27.958	/	566.5975
	=	4.93 %

Dowell Service Group 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 )
	=	-28.462	/	( ( (1398.048 - 821.299)	+	(1525.965 - 956.576) )	/ 2 )
	=	-28.462	/	( ( 576.749	+	569.389 )	/ 2 )
	=	-28.462	/	573.069
	=	-4.97 %

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

Dowell Service Group Co (HKSE:02352) 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.

Dowell Service Group Co ROCE % Related Terms

Thank you for viewing the detailed overview of Dowell Service Group Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dowell Service Group Co (HKSE:02352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dowell Service Group Co Ltd (HKSE:02352) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Baihe Road, Room 206, B1/F, Nanping Town, Nan’an District, Chongqing, CHN, 400000

Website

http://www.dowellservice.com

Dowell Service Group Co Ltd is an investment holding company established in the PRC. The Group is engaged in the provision of property management services, community value-added services, and value-added services to non-property owners.

Executives

Chong Qing Chao Feng Lian Wu Zi You Xian Gong Si	2106 Person having a security interest in shares
Lin Zi Yao	2201 Interest of corporation controlled by you
Chong Qing Di Ma Rui Sheng Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Shi Di Ma Shi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Dong Yin Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Cheng Fang Qi Ye Guan Li Zi Xun You Xian Gong Si	2101 Beneficial owner
Lo Siu Yu	2201 Interest of corporation controlled by you
Chiu Kit Hung	2202 Interest of your spouse
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Zhang Xiang Nong	2202 Interest of your spouse
Rui Fu Zi Ben Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Hao	2201 Interest of corporation controlled by you
Bai Tian You Xian Gong Si	2101 Beneficial owner
Ma Xue Mei	2202 Interest of your spouse

Dowell Service Group Co (HKSE:02352) Headlines

No Headlines