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Pan Asia Data Holdings (HKSE:01561) ROCE % : -49.80% (As of Dec. 2023)


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What is Pan Asia Data 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. Pan Asia Data Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -49.80%.


Pan Asia Data Holdings ROCE % Historical Data

The historical data trend for Pan Asia Data 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.

* Premium members only.

Pan Asia Data Holdings ROCE % Chart

Pan Asia Data Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 -64.09 -63.74 -9.27 -26.17

Pan Asia Data Holdings Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.72 -5.34 -12.88 -0.30 -49.80

Pan Asia Data Holdings ROCE % Calculation

Pan Asia Data 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 )
=-135.18/( ( (1671.056 - 1112.125) + (1628.712 - 1154.527) )/ 2 )
=-135.18/( (558.931+474.185)/ 2 )
=-135.18/516.558
=-26.17 %

Pan Asia Data 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 )
=-268.604/( ( (1673.208 - 1068.717) + (1628.712 - 1154.527) )/ 2 )
=-268.604/( ( 604.491 + 474.185 )/ 2 )
=-268.604/539.338
=-49.80 %

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

* 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.


Pan Asia Data Holdings  (HKSE:01561) 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.


Pan Asia Data Holdings ROCE % Related Terms

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Pan Asia Data Holdings (HKSE:01561) Business Description

Traded in Other Exchanges
N/A
Address
16-18 Queen’s Road Central, Room 1707-8, 17th Floor, New World Tower 1, Hong Kong, HKG
Pan Asia Data Holdings Inc is an investment holding company operating through its subsidiaries, that manufacture a range of industrial coatings, including liquid coatings and powder coatings. The company has two reportable segments Coatings and Third-party payment service. It generates a majority of revenue from the Coatings segment.
Executives
Sze Ching Lau
Yu Wei Xing 2101 Beneficial owner
Timenew Limited 2101 Beneficial owner
Li Xiao Ru 2201 Interest of corporation controlled by you
Lian Yang Investment Limited 2101 Beneficial owner
Buildstart Investments Limited 2201 Interest of corporation controlled by you
Wang On Enterprises (bvi) Limited 2201 Interest of corporation controlled by you

Pan Asia Data Holdings (HKSE:01561) Headlines

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