Golik Holdings (HKSE:01118) ROCE % : 15.82% (As of Dec. 2023)

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What is Golik 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. Golik Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.82%.

Golik Holdings ROCE % Historical Data

The historical data trend for Golik 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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Golik Holdings ROCE % Chart

Golik Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.11

13.60

18.95

9.59

15.10

Golik 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															21.82	8.96	10.33	14.55	15.82

Golik Holdings ROCE % Calculation

Golik 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 )
	=	231.636	/	( ( (3035.259 - 1529.119)	+	(2919.328 - 1357.762) )	/ 2 )
	=	231.636	/	( (1506.14	+	1561.566)	/ 2 )
	=	231.636	/	1533.853
	=	15.10 %

Golik 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 )
	=	243.424	/	( ( (3000.331 - 1484.444)	+	(2919.328 - 1357.762) )	/ 2 )
	=	243.424	/	( ( 1515.887	+	1561.566 )	/ 2 )
	=	243.424	/	1538.7265
	=	15.82 %

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

Golik Holdings (HKSE:01118) 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.

Golik Holdings ROCE % Related Terms

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Golik Holdings (HKSE:01118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Golik Holdings Ltd (HKSE:01118) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.golik.com

Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.

Executives

Golik Investments Ltd.
Pang Tak Chung

Golik Holdings (HKSE:01118) Headlines

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