Hong Kong Technology Venture Co (FRA:XHN1) ROCE % : 0.39% (As of Dec. 2023)

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

What is Hong Kong Technology Venture 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. Hong Kong Technology Venture Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.39%.

Hong Kong Technology Venture Co ROCE % Historical Data

The historical data trend for Hong Kong Technology Venture 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.

Hong Kong Technology Venture Co ROCE % Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-16.75

9.48

0.67

6.28

2.17

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-7.04	7.24	5.11	3.82	0.39

Hong Kong Technology Venture Co ROCE % Calculation

Hong Kong Technology Venture 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 )
	=	6.638	/	( ( (438.875 - 117.464)	+	(406.47 - 115.866) )	/ 2 )
	=	6.638	/	( (321.411	+	290.604)	/ 2 )
	=	6.638	/	306.0075
	=	2.17 %

Hong Kong Technology Venture Co'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 )
	=	1.19	/	( ( (427.191 - 114.273)	+	(406.47 - 115.866) )	/ 2 )
	=	1.19	/	( ( 312.918	+	290.604 )	/ 2 )
	=	1.19	/	301.761
	=	0.39 %

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

Hong Kong Technology Venture Co (FRA:XHN1) 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.

Hong Kong Technology Venture Co ROCE % Related Terms

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

Hong Kong Technology Venture Co (FRA:XHN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (FRA:XHN1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HKTVY:USA 01137:Hong Kong

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Hong Kong Technology Venture Co (FRA:XHN1) Headlines

No Headlines