Value Partners Group (HKSE:00806) ROCE % : 1.22% (As of Dec. 2023)

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What is Value Partners Group 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. Value Partners Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.22%.

Value Partners Group ROCE % Historical Data

The historical data trend for Value Partners Group'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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Value Partners Group ROCE % Chart

Value Partners Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.30

32.21

9.43

-10.81

0.86

Value Partners Group Semi-Annual Data
	Jun14	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															10.12	-16.67	-4.87	0.46	1.22

Value Partners Group ROCE % Calculation

Value Partners Group'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 )
	=	35.042	/	( ( (4747.857 - 235.02)	+	(4678.082 - 1028.58) )	/ 2 )
	=	35.042	/	( (4512.837	+	3649.502)	/ 2 )
	=	35.042	/	4081.1695
	=	0.86 %

Value Partners Group'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 )
	=	49.292	/	( ( (4652.532 - 214.58)	+	(4678.082 - 1028.58) )	/ 2 )
	=	49.292	/	( ( 4437.952	+	3649.502 )	/ 2 )
	=	49.292	/	4043.727
	=	1.22 %

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

Value Partners Group (HKSE:00806) 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.

Value Partners Group ROCE % Related Terms

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Value Partners Group (HKSE:00806) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Value Partners Group Ltd (HKSE:00806) » Definitions » ROCE %

Comparable Companies

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VPGLF:USA 9Z1:Germany

Address

99 Queen’s Road Central, 43rd Floor, The Center, Hong Kong, HKG

Website

https://www.valuepartners-group.com

Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and the United States. Fund options include absolute return funds, fixed-income products, long-short hedge funds, exchange-traded funds, and quantitative funds. Inflows for Value's products come by way of a distribution network that includes retail banks, private banks, and insurance companies. Retail investors are the majority contributors to the firm's host of funds with a majority of the Value's assets held by funds within its group of brands. The firm provides other fund opportunities under white-label and co-branded funds.

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