Theme International Holdings (HKSE:00990) ROCE % : 17.33% (As of Dec. 2023)

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What is Theme International 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. Theme International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.33%.

Theme International Holdings ROCE % Historical Data

The historical data trend for Theme International 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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Theme International Holdings ROCE % Chart

Theme International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.87

34.69

42.01

34.61

23.42

Theme International Holdings 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															29.18	41.55	28.35	29.89	17.33

Theme International Holdings ROCE % Calculation

Theme International 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 )
	=	1550.486	/	( ( (13616.683 - 7671.025)	+	(16331.129 - 9035.811) )	/ 2 )
	=	1550.486	/	( (5945.658	+	7295.318)	/ 2 )
	=	1550.486	/	6620.488
	=	23.42 %

Theme International 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 )
	=	1212.132	/	( ( (15341.02 - 8648.004)	+	(16331.129 - 9035.811) )	/ 2 )
	=	1212.132	/	( ( 6693.016	+	7295.318 )	/ 2 )
	=	1212.132	/	6994.167
	=	17.33 %

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

Theme International Holdings (HKSE:00990) 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.

Theme International Holdings ROCE % Related Terms

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Theme International Holdings (HKSE:00990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Theme International Holdings Ltd (HKSE:00990) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TM4C:Germany

Address

168-200 Connaught Road Central, Unit 3401-03, 34th Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.990.com.hk

Theme International Holdings Ltd and its subsidiaries are principally engaged in two business segments. Distribution and trading business segment that involves distribution, trading, and processing of bulk commodities and related products in Hong Kong, Singapore, and the People's Republic of China. Financial services business segment that involves the provision of securities and derivatives financial services, margin financing, and fund management in Hong Kong and Singapore. It generates a vast majority of revenues from the Distribution and trading segment in Singapore.

Executives

Liu Bin	2201 Interest of corporation controlled by you
You Zhenhua	2201 Interest of corporation controlled by you
Bright Power Ventures Limited	2201 Interest of corporation controlled by you
Wide Bridge Limited	2101 Beneficial owner
Liu Bin	2201 Interest of corporation controlled by you

Theme International Holdings (HKSE:00990) Headlines

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