Star Group Co (HKSE:01560) ROCE % : -21.38% (As of Dec. 2023)

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What is Star Group 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. Star Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.38%.

Star Group Co ROCE % Historical Data

The historical data trend for Star Group 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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Star Group Co ROCE % Chart

Star Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.62

25.46

-0.78

17.20

-11.88

Star Group Co Semi-Annual Data
	Dec13	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															-0.80	5.12	27.08	-2.38	-21.38

Star Group Co ROCE % Calculation

Star Group 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 )
	=	-207.18	/	( ( (5108.108 - 3215.859)	+	(4022.204 - 2426.35) )	/ 2 )
	=	-207.18	/	( (1892.249	+	1595.854)	/ 2 )
	=	-207.18	/	1744.0515
	=	-11.88 %

Star Group 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 )
	=	-369.68	/	( ( (5341.816 - 3478.861)	+	(4022.204 - 2426.35) )	/ 2 )
	=	-369.68	/	( ( 1862.955	+	1595.854 )	/ 2 )
	=	-369.68	/	1729.4045
	=	-21.38 %

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

Star Group Co (HKSE:01560) 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.

Star Group Co ROCE % Related Terms

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Star Group Co (HKSE:01560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Star Group Co Ltd (HKSE:01560) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Unit 603, 6 Floor, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

https://www.starproperties.com.hk

Star Group Co Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the real estate business. Its business segments include property development; property investment for sale, rental, or capital appreciation; provision of property management and security services; construction and fitting out works; provision of finance; fund investment and fund management; wine business which includes the operation of the wine cellar and trading of fine wine; and provision of media production services It derives the majority of the revenue from the Property Development segment that engages in sales of properties and the Property Investment segment that has rental income from the leasing of properties. It operates in Hong Kong and Korea.

Executives

Lam Kin Kok
Chan Man Fai Joe	2101 Beneficial owner
Metropolitan Lifestyle (bvi) Limited	2101 Beneficial owner
Eagle Trend (bvi) Limited	2101 Beneficial owner

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