Excellence Commercial Property & Facilities Management Group (HKSE:06989) ROCE % : 9.77% (As of Dec. 2023)

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What is Excellence Commercial Property & Facilities Management 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. Excellence Commercial Property & Facilities Management Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.77%.

Excellence Commercial Property & Facilities Management Group ROCE % Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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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Excellence Commercial Property & Facilities Management Group ROCE % Chart

Excellence Commercial Property & Facilities Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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63.02

23.42

21.94

15.75

11.79

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						21.00	24.14	7.73	13.49	9.77

Excellence Commercial Property & Facilities Management Group ROCE % Calculation

Excellence Commercial Property & Facilities Management 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 )
	=	490.835	/	( ( (5597.122 - 1367.424)	+	(5685.889 - 1588.122) )	/ 2 )
	=	490.835	/	( (4229.698	+	4097.767)	/ 2 )
	=	490.835	/	4163.7325
	=	11.79 %

Excellence Commercial Property & Facilities Management 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 )
	=	408.594	/	( ( (5768.161 - 1502.516)	+	(5685.889 - 1588.122) )	/ 2 )
	=	408.594	/	( ( 4265.645	+	4097.767 )	/ 2 )
	=	408.594	/	4181.706
	=	9.77 %

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

Excellence Commercial Property & Facilities Management Group (HKSE:06989) 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.

Excellence Commercial Property & Facilities Management Group ROCE % Related Terms

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Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Excellence Commercial Property & Facilities Management Group Ltd (HKSE:06989) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.excepm.com

Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.

Executives

Xiao Xingping	2202 Interest of your spouse
Li Xiaoping	2101 Beneficial owner
Li Wa	2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited	2201 Interest of corporation controlled by you
Urban Hero Investments Limited	2101 Beneficial owner
Ever Rainbow Holdings Limited	2101 Beneficial owner
Autumn Riches Limited	2101 Beneficial owner
Li Yuan	2201 Interest of corporation controlled by you

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