Telecom Digital Holdings (HKSE:06033) ROCE % : 36.32% (As of Sep. 2023)

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What is Telecom Digital Holdings 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. Telecom Digital Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 36.32%.

Telecom Digital Holdings ROCE % Historical Data

The historical data trend for Telecom Digital Holdings'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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Telecom Digital Holdings ROCE % Chart

Telecom Digital Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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48.26

29.27

40.76

34.44

26.04

Telecom Digital Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															36.64	33.36	30.77	22.12	36.32

Telecom Digital Holdings ROCE % Calculation

Telecom Digital Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	117.397	/	( ( (851.011 - 423.242)	+	(1372.235 - 898.352) )	/ 2 )
	=	117.397	/	( (427.769	+	473.883)	/ 2 )
	=	117.397	/	450.826
	=	26.04 %

Telecom Digital Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	181.226	/	( ( (1372.235 - 898.352)	+	(1309.418 - 785.457) )	/ 2 )
	=	181.226	/	( ( 473.883	+	523.961 )	/ 2 )
	=	181.226	/	498.922
	=	36.32 %

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

Telecom Digital Holdings (HKSE:06033) 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.

Telecom Digital Holdings ROCE % Related Terms

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Telecom Digital Holdings (HKSE:06033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Telecom Digital Holdings Ltd (HKSE:06033) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

No. 1 Sheung Yuet Road, 19th Floor, YHC Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.tdhl.cc

Telecom Digital Holdings Ltd is an investment holding company. The company is principally engaged in telecommunications and related business. The company's operating segment includes Product business; Operation Services; Properties Investment and other segments. The company generates maximum revenue from the Product business segment which is involved in the sales of electronic devices, other consumer goods, and related services.

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