Twintek Investment Holdings (HKSE:06182) ROCE % : -23.66% (As of Sep. 2023)

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What is Twintek Investment 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. Twintek Investment Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -23.66%.

Twintek Investment Holdings ROCE % Historical Data

The historical data trend for Twintek Investment 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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Twintek Investment Holdings ROCE % Chart

Twintek Investment Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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1.55

-13.96

8.41

10.63

-13.81

Twintek Investment Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial											12.46	8.72	-2.35	-25.60	-23.66

Twintek Investment Holdings ROCE % Calculation

Twintek Investment Holdings'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 )
	=	-19.787	/	( ( (252.691 - 96.163)	+	(231.158 - 101.058) )	/ 2 )
	=	-19.787	/	( (156.528	+	130.1)	/ 2 )
	=	-19.787	/	143.314
	=	-13.81 %

Twintek Investment Holdings'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 )
	=	-28.734	/	( ( (231.158 - 101.058)	+	(201.043 - 88.292) )	/ 2 )
	=	-28.734	/	( ( 130.1	+	112.751 )	/ 2 )
	=	-28.734	/	121.4255
	=	-23.66 %

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

Twintek Investment Holdings (HKSE:06182) 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.

Twintek Investment Holdings ROCE % Related Terms

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Twintek Investment Holdings (HKSE:06182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twintek Investment Holdings Ltd (HKSE:06182) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1065 King's Road, Quarry Bay, Room 806, 8th Floor, Eastern Centre, Hong Kong, HKG

Website

https://www.kwantaieng.com

Twintek Investment Holdings Ltd is a building materials contractor. The company offers building materials and relevant installation services mainly in Hong Kong. Its products include timber flooring products; interior wall-fill materials, in particular, gypsum block and drywall partition products interior composite panel lining, in particular, SPC wall panels, and woodwork products; and roof tiles. The Group's revenue was generated from two segments of construction contracts, sales of building materials A majority of revenue is generated from the Construction contract segment. The group's operations are located in Hong Kong.

Executives

Helios Enterprise Holding Limited	2101 Beneficial owner
Fung Pik Mei	2202 Interest of your spouse
Lo Wing Cheung	2201 Interest of corporation controlled by you

Twintek Investment Holdings (HKSE:06182) Headlines

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