OCI International Holdings (HKSE:00329) ROCE % : -9.10% (As of Dec. 2023)

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What is OCI International 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. OCI International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.10%.

OCI International Holdings ROCE % Historical Data

The historical data trend for OCI International 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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OCI International Holdings ROCE % Chart

OCI International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-24.39

0.57

-24.85

-21.57

-3.06

OCI International 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															-54.89	-25.20	-18.52	2.86	-9.10

OCI International Holdings ROCE % Calculation

OCI International Holdings'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 )
	=	-9.022	/	( ( (417.562 - 114.787)	+	(323.578 - 37.634) )	/ 2 )
	=	-9.022	/	( (302.775	+	285.944)	/ 2 )
	=	-9.022	/	294.3595
	=	-3.06 %

OCI International 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 )
	=	-26.674	/	( ( (389.19 - 89.187)	+	(323.578 - 37.634) )	/ 2 )
	=	-26.674	/	( ( 300.003	+	285.944 )	/ 2 )
	=	-26.674	/	292.9735
	=	-9.10 %

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

OCI International Holdings (HKSE:00329) 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.

OCI International Holdings ROCE % Related Terms

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OCI International Holdings (HKSE:00329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OCI International Holdings Ltd (HKSE:00329) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Hennessy Road, Level 23, Hong Kong, HKG

Website

http://www.oci-intl.com

OCI International Holdings Ltd operates as an investment holding company. It operates through the following segments: Securities trading and Investments, Trading of wines, Investment, and financial advisory services, and asset management. The Securities Trading and Investments segment focuses on investing and trading in listed equity securities, fixed-income products, private funds, and private equity opportunities. The Investment and Financial Advisory Services segment provides business consulting and advisory services. The firm derives the majority revenue from the Asset management segment in Hong Kong.

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