HH&L Acquisition Co (HH&L Acquisition Co) ROCE % : -39.31% (As of Sep. 2023)

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What is HH&L Acquisition 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. HH&L Acquisition Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -39.31%.

HH&L Acquisition Co ROCE % Historical Data

The historical data trend for HH&L Acquisition 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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HH&L Acquisition Co ROCE % Chart

HH&L Acquisition Co Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-0.87

-1.08

HH&L Acquisition Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial							-1.40	-1.77	-1.63	-2.55	-39.31

HH&L Acquisition Co ROCE % Calculation

HH&L Acquisition Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-4.472	/	( ( (414.75 - 1.33)	+	(420.157 - 5.141) )	/ 2 )
	=	-4.472	/	( (413.42	+	415.016)	/ 2 )
	=	-4.472	/	414.218
	=	-1.08 %

HH&L Acquisition Co'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-18.368	/	( ( (65.761 - 8.298)	+	(45.051 - 9.06) )	/ 2 )
	=	-18.368	/	( ( 57.463	+	35.991 )	/ 2 )
	=	-18.368	/	46.727
	=	-39.31 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

HH&L Acquisition Co (NYSE:HHLA) 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.

HH&L Acquisition Co ROCE % Related Terms

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HH&L Acquisition Co (HH&L Acquisition Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HH&L Acquisition Co (NYSE:HHLA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HHLA.U:USA

Address

15 Queen’s Road Central, Suite 2001-2002, 20th Floor, York House, The Landmark, Central, Hong Kong, HKG

Website

https://www.hopuhl.com

HH&L Acquisition Co is a blank check company.

Executives

Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Derek Nelsen Sulger	director	ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Kenneth W Hitchner	director	C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Qi Li	director	C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Yingjie Christina Zhong	officer: Chief Financial Officer	C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Huanan Yang	director, officer: Chief Operating Officer	C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Hh&l Investment Co.	director, 10 percent owner	C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Jingwu Zhang Zang	director	SUITE 802, WEST TOWER, OMNIVISION, 88 SHANGKE ROAD, PUDONG DISTRICT, SHANGHAI F4 201210
Qingjun Jin	director	C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Ma Frederick Si Hang	director	C/O SAPPHIRE QI LI ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000