DL Holdings Group (HKSE:01709) ROCE % : 5.67% (As of Sep. 2023)

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What is DL Holdings 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. DL Holdings Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 5.67%.

DL Holdings Group ROCE % Historical Data

The historical data trend for DL Holdings 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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DL Holdings Group ROCE % Chart

DL Holdings Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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15.07

-30.67

64.94

23.08

-6.01

DL Holdings Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial														21.92	25.02	-7.25	-5.04	5.67

DL Holdings Group ROCE % Calculation

DL Holdings Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-32.646	/	( ( (914.78 - 304.809)	+	(894.686 - 417.548) )	/ 2 )
	=	-32.646	/	( (609.971	+	477.138)	/ 2 )
	=	-32.646	/	543.5545
	=	-6.01 %

DL Holdings Group'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	27.31	/	( ( (894.686 - 417.548)	+	(671.397 - 184.832) )	/ 2 )
	=	27.31	/	( ( 477.138	+	486.565 )	/ 2 )
	=	27.31	/	481.8515
	=	5.67 %

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

DL Holdings Group (HKSE:01709) 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.

DL Holdings Group ROCE % Related Terms

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DL Holdings Group (HKSE:01709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DL Holdings Group Ltd (HKSE:01709) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.dlglobalholdings.com

DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Money lending services and Enterprise solutions services. Its geographical segments include Europe, America, the Middle East, and the Asia Pacific. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.

DL Holdings Group (HKSE:01709) Headlines

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