CSC Financial Co (HKSE:06066) ROCE % : 8.63% (As of Dec. 2023)

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What is CSC Financial 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. CSC Financial Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.63%.

CSC Financial Co ROCE % Historical Data

The historical data trend for CSC Financial 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.

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CSC Financial Co ROCE % Chart

CSC Financial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.15

17.22

15.25

10.20

9.57

CSC Financial Co Semi-Annual Data
	Dec13	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															16.66	11.71	9.35	11.32	8.63

CSC Financial Co ROCE % Calculation

CSC Financial 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 )
	=	18351.255	/	( ( (568637.846 - 386605.12)	+	(571775.306 - 370120.57) )	/ 2 )
	=	18351.255	/	( (182032.726	+	201654.736)	/ 2 )
	=	18351.255	/	191843.731
	=	9.57 %

CSC Financial 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 )
	=	16352.782	/	( ( (605318.511 - 427838.106)	+	(571775.306 - 370120.57) )	/ 2 )
	=	16352.782	/	( ( 177480.405	+	201654.736 )	/ 2 )
	=	16352.782	/	189567.5705
	=	8.63 %

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

CSC Financial Co (HKSE:06066) 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.

CSC Financial Co ROCE % Related Terms

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CSC Financial Co (HKSE:06066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Financial Co Ltd (HKSE:06066) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CS0:Germany

Address

No. 188 Chaonei Avenue, Hongan International Building, Dongcheng District, Beijing, CHN, 100010

Website

https://www.csc108.com

CSC Financial Co Ltd is engaged in providing capital markets services. The operating segments of the company include investment banking business which includes equity financing business, debt financing business, and financial advisory business; wealth management business which includes brokerage and wealth management business, margin financing, security lending business, and repurchase business; trading and institutional client services business which include equity sales, fixed income sales, and prime brokerage business, and asset management business which include asset management business and fund management business. The company derives the majority of its revenue from the trading and institutional client services segment.

CSC Financial Co (HKSE:06066) Headlines

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