Singamas Container Holdings (HKSE:00716) ROCE % : 4.55% (As of Jun. 2023)

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What is Singamas Container 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. Singamas Container Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 4.55%.

Singamas Container Holdings ROCE % Historical Data

The historical data trend for Singamas Container 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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Singamas Container Holdings ROCE % Chart

Singamas Container Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.73

1.53

43.38

12.62

4.28

Singamas Container 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															54.80	19.64	5.89	4.55	3.84

Singamas Container Holdings ROCE % Calculation

Singamas Container Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	702.337	/	( ( (7752.222 - 1891.374)	+	(6323.715 - 1052.033) )	/ 2 )
	=	702.337	/	( (5860.848	+	5271.682)	/ 2 )
	=	702.337	/	5566.265
	=	12.62 %

Singamas Container Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	240.786	/	( ( (6323.715 - 1052.033)	+	(6215.744 - 911.691) )	/ 2 )
	=	240.786	/	( ( 5271.682	+	5304.053 )	/ 2 )
	=	240.786	/	5287.8675
	=	4.55 %

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

Singamas Container Holdings (HKSE:00716) 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.

Singamas Container Holdings ROCE % Related Terms

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Singamas Container Holdings (HKSE:00716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Singamas Container Holdings Ltd (HKSE:00716) » Definitions » ROCE %

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SNGSF:USA

Address

75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG

Website

https://www.singamas.com

Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flatrack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, PRC, Korea, and Others.

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