Cheuk Nang (Holdings) (HKSE:00131) ROCE % : -0.04% (As of Dec. 2023)

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What is Cheuk Nang (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. Cheuk Nang (Holdings)'s annualized ROCE % for the quarter that ended in Dec. 2023 was -0.04%.

Cheuk Nang (Holdings) ROCE % Historical Data

The historical data trend for Cheuk Nang (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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Cheuk Nang (Holdings) ROCE % Chart

Cheuk Nang (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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9.81

3.75

7.04

0.88

1.30

Cheuk Nang (Holdings) Semi-Annual Data
	Jun14	Dec14	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															-2.70	4.51	-0.34	2.95	-0.04

Cheuk Nang (Holdings) ROCE % Calculation

Cheuk Nang (Holdings)'s annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	105.101	/	( ( (9349.638 - 1570.529)	+	(9301.113 - 961.773) )	/ 2 )
	=	105.101	/	( (7779.109	+	8339.34)	/ 2 )
	=	105.101	/	8059.2245
	=	1.30 %

Cheuk Nang (Holdings)'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 )
	=	-3.028	/	( ( (9301.113 - 961.773)	+	(9619.9 - 982.388) )	/ 2 )
	=	-3.028	/	( ( 8339.34	+	8637.512 )	/ 2 )
	=	-3.028	/	8488.426
	=	-0.04 %

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

Cheuk Nang (Holdings) (HKSE:00131) 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.

Cheuk Nang (Holdings) ROCE % Related Terms

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Cheuk Nang (Holdings) (HKSE:00131) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cheuk Nang (Holdings) Ltd (HKSE:00131) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 4901, 49th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.cheuknang.com.hk

Cheuk Nang (Holdings) Ltd is an investment holding company. The principal activities of the company's subsidiaries and associates comprise property development, investment, and management. The company has diversified its operations into four segments, being Property Sales, Property Rental, Estate Management, and Others. The majority of its revenue is derived from Properties sales. Its primary geographical markets are Hong Kong, the People's Republic of China (the PRC), and Malaysia, of which the company receives maximum revenue from the People's Republic of China.

Executives

Yan Yin Company Limited	2101 Beneficial owner
Chao Sze Tsung Cecil	2101 Beneficial owner
Szehope Securities Company Limited	2101 Beneficial owner

Cheuk Nang (Holdings) (HKSE:00131) Headlines

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