Wing Chi Holdings (HKSE:06080) ROCE % : 3.21% (As of Sep. 2023)

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What is Wing Chi 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. Wing Chi Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.21%.

Wing Chi Holdings ROCE % Historical Data

The historical data trend for Wing Chi 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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Wing Chi Holdings ROCE % Chart

Wing Chi Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-16.63

-7.75

-32.47

5.18

7.96

Wing Chi Holdings Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial												3.19	7.23	14.54	1.27	3.21

Wing Chi Holdings ROCE % Calculation

Wing Chi Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	10.665	/	( ( (214.979 - 89.021)	+	(234.243 - 92.15) )	/ 2 )
	=	10.665	/	( (125.958	+	142.093)	/ 2 )
	=	10.665	/	134.0255
	=	7.96 %

Wing Chi Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	4.542	/	( ( (234.243 - 92.15)	+	(244.115 - 103.601) )	/ 2 )
	=	4.542	/	( ( 142.093	+	140.514 )	/ 2 )
	=	4.542	/	141.3035
	=	3.21 %

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

Wing Chi Holdings (HKSE:06080) 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.

Wing Chi Holdings ROCE % Related Terms

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Wing Chi Holdings (HKSE:06080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wing Chi Holdings Ltd (HKSE:06080) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Hoi Shing Road, Room 3010, 30th Floor, Cable TV Tower, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.wingchiholdings.com

Wing Chi Holdings Ltd is an Hong Kong-based investment holding company. Along with its subsidiaries, the corporation is principally engaged in the provision of foundation and site formation works and machinery leasing. All of the group's operations are located in Hong Kong.

Executives

Great Pride Global Limited
Yam Yuen Nina	2201 Interest of corporation controlled by you
Colourfield Global Limited	2101 Beneficial owner
Chau Man Chun	2202 Interest of your spouse
Li Cheuk Kam	2201 Interest of corporation controlled by you

Wing Chi Holdings (HKSE:06080) Headlines

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