South China Holdings Co (HKSE:00413) ROCE % : 3.52% (As of Dec. 2023)

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What is South China Holdings 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. South China Holdings Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.52%.

South China Holdings Co ROCE % Historical Data

The historical data trend for South China Holdings 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.

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South China Holdings Co ROCE % Chart

South China Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.78

2.93

2.25

2.61

2.23

South China Holdings Co 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															4.85	2.20	3.04	1.04	3.52

South China Holdings Co ROCE % Calculation

South China Holdings 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 )
	=	231.556	/	( ( (13537.226 - 2771.488)	+	(13255.285 - 3261.882) )	/ 2 )
	=	231.556	/	( (10765.738	+	9993.403)	/ 2 )
	=	231.556	/	10379.5705
	=	2.23 %

South China Holdings 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 )
	=	353.978	/	( ( (13474.895 - 3349.512)	+	(13255.285 - 3261.882) )	/ 2 )
	=	353.978	/	( ( 10125.383	+	9993.403 )	/ 2 )
	=	353.978	/	10059.393
	=	3.52 %

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

South China Holdings Co (HKSE:00413) 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.

South China Holdings Co ROCE % Related Terms

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South China Holdings Co (HKSE:00413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » South China Holdings Co Ltd (HKSE:00413) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SZHB:Germany

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.scholding.com

South China Holdings Co Ltd is a trading and manufacturing company. The company operates its business through four segments namely Trading and Manufacturing, Property investment and development, Agriculture and forestry and Others segment. Its business activities include trading and manufacturing toys, footwear and leather products as well as cultivating fruit trees, and rearing of livestock and aquatic products. It is also engaged in developing properties and investment holding about management functions. The majority of the company's revenues are derived from the Trading and manufacturing segment. Its geographical segments are the United States, Europe, the PRC including Hong Kong, Japan and Others.

South China Holdings Co (HKSE:00413) Headlines

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