New City Development Group

New City Development Group ROCE

The Return on Capital Employed (ROCE) of New City Development Group (456.HK) as of Nov 3, 2026 is -38.92 %. In the previous year, Return on Capital Employed (ROCE) was -4.39 % — a change of 785.71% (lower).

ROCE

-38.92 %

YoY

785.71%

Last updated:

In 2024, New City Development Group's return on capital employed (ROCE) was -38.92 %, a 785.71% increase from the -4.39 % ROCE in the previous year.

The New City Development Group ROCE history

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  • Max

ROCE
Date
ROCE
Jan 1, 2017
1.26 HKD
Jan 1, 2018
-3.98 HKD
Jan 1, 2019
0.18 HKD
Jan 1, 2020
-2.20 HKD
Jan 1, 2021
-6.38 HKD
Jan 1, 2022
-14.80 HKD
Jan 1, 2023
-4.39 HKD
Jan 1, 2024
-38.92 HKD
The New City Development Group ROCE history
YEARROCEYoY
-38.92 %+785.71%
-4.39 %-70.30%
-14.80 %+132.04%
-6.38 %+189.86%
-2.20 %-1,291.13%
0.18 %-104.64%
-3.98 %-415.87%
1.26 %+10.28%
1.14 %-45.73%
2.11 %-48.18%
4.06 %—

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New City Development Group Stock analysis

What does New City Development Group do? New City Development Group Ltd. generates revenue through its Property Development and Investment segment, which develops and rents residential and commercial properties in China. The company also sells buses through its Sales of Buses segment, targeting buyers interested in transportation solutions. Additionally, it operates supermarkets and property management services, catering to local communities and property owners. The firm employs 63 full-time employees to support these diverse business activities. The Property Development and Investment segment focuses on property development and rental services, appealing to residential and commercial clients seeking housing and office spaces. The Sales of Buses segment serves customers requiring bus procurement for public or private transportation networks. Supermarket and property management operations target local residents and property owners, providing essential retail services and maintenance solutions. New City Development Group Ltd. operates across three key business segments: property development and investment, bus sales, and supermarket and property management. Each segment serves distinct customer groups within China, with property development targeting real estate buyers and renters, bus sales targeting transportation providers, and supermarkets and property management serving local communities and property owners. New City Development Group is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling New City Development Group's Return on Capital Employed (ROCE)

New City Development Group's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing New City Development Group's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

New City Development Group's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in New City Development Group’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about New City Development Group stock

Return on Capital Employed (ROCE) of New City Development Group is -38.92 % in 2024.

Return on Capital Employed (ROCE) of New City Development Group changed from -4.39 % to -38.92 %, representing a 785.71% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) New City Development Group since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s New City Development Group with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — New City Development Group

All Key Metrics — New City Development Group