GET Holdings (HKSE:08100) ROCE % : -22.18% (As of Dec. 2023)

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What is GET 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. GET Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.18%.

GET Holdings ROCE % Historical Data

The historical data trend for GET 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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GET Holdings ROCE % Chart

GET Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-16.21

-9.40

-2.35

0.98

-7.96

GET 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															12.42	6.44	-8.66	-8.35	-22.18

GET Holdings ROCE % Calculation

GET 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 )
	=	-19.996	/	( ( (301.537 - 36.891)	+	(272.946 - 35.303) )	/ 2 )
	=	-19.996	/	( (264.646	+	237.643)	/ 2 )
	=	-19.996	/	251.1445
	=	-7.96 %

GET 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-52.704	/	( ( (0 - 0)	+	(272.946 - 35.303) )	/ 1 )
	=	-52.704	/	( ( 0	+	237.643 )	/ 1 )
	=	-52.704	/	237.643
	=	-22.18 %

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

GET Holdings (HKSE:08100) 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.

GET Holdings ROCE % Related Terms

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GET Holdings (HKSE:08100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GET Holdings Ltd (HKSE:08100) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

181-185 Gloucester Road, Room 1204-5, 12th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

http://www.geth.com.hk

GET Holdings Ltd is an investment company, which engages in providing computer system solutions, integration, and networking services. The company's operating segment includes Software Business; Securities Investment; Corporate Management Solutions and I.T. Contract Services Business and B2C Online Sales platforms and B2B Product Trading Business. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Wong Jing Shong

2101 Beneficial owner

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