Hands Form Holdings (HKSE:01920) ROCE % : -84.52% (As of Dec. 2023)

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What is Hands Form 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. Hands Form Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -84.52%.

Hands Form Holdings ROCE % Historical Data

The historical data trend for Hands Form 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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Hands Form Holdings ROCE % Chart

Hands Form Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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29.63

3.27

-44.16

-44.73

-64.93

Hands Form Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-79.99	-50.97	-36.99	-48.78	-84.52

Hands Form Holdings ROCE % Calculation

Hands Form 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 )
	=	-51.282	/	( ( (123.936 - 19.15)	+	(71.757 - 18.589) )	/ 2 )
	=	-51.282	/	( (104.786	+	53.168)	/ 2 )
	=	-51.282	/	78.977
	=	-64.93 %

Hands Form 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 )
	=	-57.05	/	( ( (102.497 - 20.671)	+	(71.757 - 18.589) )	/ 2 )
	=	-57.05	/	( ( 81.826	+	53.168 )	/ 2 )
	=	-57.05	/	67.497
	=	-84.52 %

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

Hands Form Holdings (HKSE:01920) 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.

Hands Form Holdings ROCE % Related Terms

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Hands Form Holdings (HKSE:01920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hands Form Holdings Ltd (HKSE:01920) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 9, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.handsform.com

Hands Form Holdings Ltd is an established subcontractor in Hong Kong and principally engaged in the provision of wet trades work and other wet trades-related ancillary works. Wet trades works include plastering on floors, walls, and ceilings, tile laying on internal and external walls and floors, bricklaying, and marble works. The company's segment includes Construction services and Construction IT services. It generates maximum revenue from the Construction services segment.

Executives

Wonderful Renown Limited	2101 Beneficial owner
Cheung Lai Chun	2103 Interests held jointly with another person
Chan Shui King	2202 Interest of your spouse
Cheung Kwok Fai Adam	2201 Interest of corporation controlled by you

Hands Form Holdings (HKSE:01920) Headlines

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