Canggang Railway Limited

HKSE 2169.HK

Canggang Railway Limited Return on Capital Employed (ROCE) for the year ending December 31, 2023

Canggang Railway Limited Return on Capital Employed (ROCE) is NA for the year ending December 31, 2023. Return on capital employed assesses profitability against invested capital; higher ROCE signals efficient capital use.

Canggang Railway Limited Return on Capital Employed (ROCE) for the year ending December 31, 2022 was 10.89%, a -13.47% change year over year.
Canggang Railway Limited Return on Capital Employed (ROCE) for the year ending December 31, 2021 was 12.58%, a 20.28% change year over year.
Canggang Railway Limited Return on Capital Employed (ROCE) for the year ending December 31, 2020 was 10.46%, a -30.47% change year over year.
Canggang Railway Limited Return on Capital Employed (ROCE) for the year ending December 31, 2019 was 15.05%, a 21.36% change year over year.

Key data

Date	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio	Return on Common Equity

HKSE: 2169.HK

Canggang Railway Limited

CEO	Mr. Weiming Yi
IPO Date	Oct. 23, 2020
Location	China
Headquarters	Yangzhuang Station
Employees	654
Sector	Industrials
Industries Rail Freight Logistics & Freight Railways Trucking & Road Freight

Description

Canggang Railway Limited operates freight railway and railway yards in Hebei Province. The company provides rail freight transportation services through the Canggang Railway Line, which transports a range of cargo, primarily coal, as well as petroleum, ore, and other cargo, including PVC, asphalt, gravel, bauxite, and chemicals between Cangzhou and Port Huanghua. It also offers ancillary services comprising loading and unloading, as well as road freight transportation services. In addition, the company provides construction, maintenance, and repair services, primarily include the operation, repair, and maintenance of special service lines and railway roadbed and other railway facility construction. Further, it offers additional ancillary services, principally covering car arrival, freight agency, antifreeze treatment, and scattering prevention of coal services; and coal filtering services, as well as logistics agency services. Canggang Railway Limited was founded in 2009 and is headquartered in Cangzhou, China.

Key trends

Past 5 years