Flying Financial Service Holdings (HKSE:08030) ROCE % : 105.86% (As of Sep. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Flying Financial Service 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. Flying Financial Service Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 105.86%.

Flying Financial Service Holdings ROCE % Historical Data

The historical data trend for Flying Financial Service 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.

Flying Financial Service Holdings ROCE % Chart

Flying Financial Service Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-60.71

-95.51

-184.40

119.81

67.61

Flying Financial Service Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															201.58	64.86	110.02	105.86	-51.54

Flying Financial Service Holdings ROCE % Calculation

Flying Financial Service Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	10.712	/	( ( (108.004 - 113.226)	+	(62.207 - 39.104) )	/ 2 )
	=	10.712	/	( (-5.222	+	23.103)	/ 2 )
	=	10.712	/	8.9405
	=	119.81 %

Flying Financial Service 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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	66.624	/	( ( (107.637 - 44.702)	+	(0 - 0) )	/ 1 )
	=	66.624	/	( ( 62.935	+	0 )	/ 1 )
	=	66.624	/	62.935
	=	105.86 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Flying Financial Service Holdings (HKSE:08030) 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.

Flying Financial Service Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Flying Financial Service Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Flying Financial Service Holdings (HKSE:08030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flying Financial Service Holdings Ltd (HKSE:08030) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18th Floor, Block C, Building 1, Shenzhen Software Industry Base, High-tech Industrial Park, Nanshan District, Shenzhen, CHN

Website

http://www.flyingfinancial.hk

Flying Financial Service Holdings Ltd is an investment holding company. The company's operating segments include Investment in property development projects; Operation of financial services platform; Provision of entrusted loan, pawn loan, other loan services, and financial consultation services, and Finance lease services. It generates maximum revenue from the Operation of financial services platform segment. Geographically, the company business has spread over Hong Kong and China. Most of its revenue is generated from China.

Flying Financial Service Holdings (HKSE:08030) Headlines

No Headlines