Yuexiu Services Group (HKSE:06626) ROCE % : 17.28% (As of Dec. 2023)

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What is Yuexiu 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. Yuexiu Services Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.28%.

Yuexiu Services Group ROCE % Historical Data

The historical data trend for Yuexiu 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.

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Yuexiu Services Group ROCE % Chart

Yuexiu Services Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.22

30.64

23.90

14.73

17.86

Yuexiu Services Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					16.36	15.78	14.41	17.44	17.28

Yuexiu Services Group ROCE % Calculation

Yuexiu 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 )
	=	756.927	/	( ( (6642.047 - 2256.325)	+	(7007.999 - 2915.227) )	/ 2 )
	=	756.927	/	( (4385.722	+	4092.772)	/ 2 )
	=	756.927	/	4239.247
	=	17.86 %

Yuexiu 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 )
	=	740.902	/	( ( (7042.159 - 2561.818)	+	(7007.999 - 2915.227) )	/ 2 )
	=	740.902	/	( ( 4480.341	+	4092.772 )	/ 2 )
	=	740.902	/	4286.5565
	=	17.28 %

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

Yuexiu Services Group (HKSE:06626) 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.

Yuexiu Services Group ROCE % Related Terms

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Yuexiu Services Group (HKSE:06626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yuexiu Services Group Ltd (HKSE:06626) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

5R9:Germany

Address

160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG

Website

https://www.yuexiuservices.com

Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.

Executives

Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si	2101 Beneficial owner

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