GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Huayuan Property Co Ltd (SHSE:600743) » Definitions » ROCE %

Huayuan Property Co (SHSE:600743) ROCE % : 0.81% (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Huayuan Property 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. Huayuan Property Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.81%.


Huayuan Property Co ROCE % Historical Data

The historical data trend for Huayuan Property 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.

Huayuan Property Co ROCE % Chart

Huayuan Property Co 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 4.88 3.16 -2.39 -23.70 -5.39

Huayuan Property Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.70 -15.82 -7.93 1.72 0.81

Huayuan Property Co ROCE % Calculation

Huayuan Property 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 )
=-683.968/( ( (44561.599 - 27234.568) + (30557.803 - 22505.831) )/ 2 )
=-683.968/( (17327.031+8051.972)/ 2 )
=-683.968/12689.5015
=-5.39 %

Huayuan Property Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=86.608/( ( (30557.803 - 22505.831) + (30841.21 - 17567.241) )/ 2 )
=86.608/( ( 8051.972 + 13273.969 )/ 2 )
=86.608/10662.9705
=0.81 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.


Huayuan Property Co  (SHSE:600743) 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.


Huayuan Property Co ROCE % Related Terms

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


Huayuan Property Co (SHSE:600743) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Beizhan North Street, No. 11 Building, Huayuan Enterprise Center, Xicheng District, Beijing, CHN, 100044
Huayuan Property Co Ltd is a China-based company engaged in the development and operation of real estate in Northwest and North China. The company's main operations involve housing projects.

Huayuan Property Co (SHSE:600743) Headlines

No Headlines