Macau E&M Holding (HKSE:01408) ROCE % : 1.44% (As of Dec. 2023)

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What is Macau E&M Holding 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. Macau E&M Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.44%.

Macau E&M Holding ROCE % Historical Data

The historical data trend for Macau E&M Holding'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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Macau E&M Holding ROCE % Chart

Macau E&M Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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55.66

19.03

13.03

4.69

-1.70

Macau E&M Holding Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial							4.82	8.56	1.12	-4.82	1.44

Macau E&M Holding ROCE % Calculation

Macau E&M Holding'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 )
	=	-3.682	/	( ( (252.836 - 31.189)	+	(252.643 - 40.713) )	/ 2 )
	=	-3.682	/	( (221.647	+	211.93)	/ 2 )
	=	-3.682	/	216.7885
	=	-1.70 %

Macau E&M Holding'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 )
	=	3.048	/	( ( (245.321 - 34.705)	+	(252.643 - 40.713) )	/ 2 )
	=	3.048	/	( ( 210.616	+	211.93 )	/ 2 )
	=	3.048	/	211.273
	=	1.44 %

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

Macau E&M Holding (HKSE:01408) 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.

Macau E&M Holding ROCE % Related Terms

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Macau E&M Holding (HKSE:01408) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Macau E&M Holding Ltd (HKSE:01408) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida da Concordia, nos 175–181, Edifício Industrial Wang Fu, Macao, MAC

Website

http://www.macauem.com

Macau E&M Holding Ltd is an Electrical & Mechanical (E&M) engineering services works contractor in Macau. The company provides a comprehensive mix of E&M engineering services works based on the contractual needs of its customers in Macau, which involve a combination of the supply and/or installation of LV systems works; HVAC systems work; and ELV systems work, and the relevant testing and commissioning thereof, as well as management and monitoring of quality and delivery of its E&M engineering services, works. It also provides maintenance and repair services to its customers.

Executives

Cheong Ka Wo	2201 Interest of corporation controlled by you
Lo Chao Ieng	2202 Interest of your spouse
Macau E&m Group Limited	2101 Beneficial owner
One Wesco Inc.	2101 Beneficial owner
Leong Kam In	2202 Interest of your spouse
Leong Kam Leng	2201 Interest of corporation controlled by you
Macau E&m Assets Limited	2101 Beneficial owner
Bridge Capital Limited	2101 Beneficial owner
Law Ming Chu	2202 Interest of your spouse
Tam Chi Wai	2201 Interest of corporation controlled by you
Li Sau Fun	2202 Interest of your spouse
Tsang Yuen Wai Samuel	2201 Interest of corporation controlled by you

Macau E&M Holding (HKSE:01408) Headlines

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