Space Group Holdings (HKSE:02448) ROCE % : -39.67% (As of Dec. 2023)

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What is Space Group 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. Space Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -39.67%.

Space Group Holdings ROCE % Historical Data

The historical data trend for Space Group 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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Space Group Holdings ROCE % Chart

Space Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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22.21

13.82

14.52

6.68

-16.30

Space Group Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial													8.40	13.52	-0.41	7.83	-39.67

Space Group Holdings ROCE % Calculation

Space Group 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 )
	=	-97.044	/	( ( (1224.464 - 600.526)	+	(1099.294 - 532.677) )	/ 2 )
	=	-97.044	/	( (623.938	+	566.617)	/ 2 )
	=	-97.044	/	595.2775
	=	-16.30 %

Space Group 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 )
	=	-244.63	/	( ( (1223.082 - 556.508)	+	(1099.294 - 532.677) )	/ 2 )
	=	-244.63	/	( ( 666.574	+	566.617 )	/ 2 )
	=	-244.63	/	616.5955
	=	-39.67 %

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

Space Group Holdings (HKSE:02448) 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.

Space Group Holdings ROCE % Related Terms

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Space Group Holdings (HKSE:02448) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Space Group Holdings Ltd (HKSE:02448) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8C, Avenida de Marciano Baptista 18, Edificio Centro Comercial Chong Fok, Macau, MAC

Website

https://www.spacegroup.com.mo

Space Group Holdings Limited is an investment holding company principally engaged in the provision of fitting-out works in Macau. The Company operates two business segments. The Fitting-out Works segment is involved in the execution of fitting-out works, procurement of materials, site supervision, management of subcontractors, overall project management, and interior decorative and modification works for existing buildings. The Building Construction Works segment is involved in structural building works, procurement of materials, site supervision, management of subcontractors, and overall project management.

Executives

Che Chan U	2201 Interest of corporation controlled by you
Ng Lai Kuan	2202 Interest of your spouse
Lei Soi Kun	2201 Interest of corporation controlled by you
Space Investment (bvi) Ltd	2101 Beneficial owner
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Cheng Chi Heng	2101 Beneficial owner

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