Ahsay Backup Software Development Co (HKSE:08290) ROCE % : 2.76% (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Ahsay Backup Software Development Co 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. Ahsay Backup Software Development Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.76%.

Ahsay Backup Software Development Co ROCE % Historical Data

The historical data trend for Ahsay Backup Software Development Co'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.

Ahsay Backup Software Development Co ROCE % Chart

Ahsay Backup Software Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.31

-5.58

-22.94

-2.87

4.30

Ahsay Backup Software Development Co 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															1.85	8.01	2.09	-0.45	2.76

Ahsay Backup Software Development Co ROCE % Calculation

Ahsay Backup Software Development Co'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 )
	=	2.514	/	( ( (81.506 - 23.588)	+	(78.943 - 19.858) )	/ 2 )
	=	2.514	/	( (57.918	+	59.085)	/ 2 )
	=	2.514	/	58.5015
	=	4.30 %

Ahsay Backup Software Development Co'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 )
	=	1.628	/	( ( (0 - 0)	+	(78.943 - 19.858) )	/ 1 )
	=	1.628	/	( ( 0	+	59.085 )	/ 1 )
	=	1.628	/	59.085
	=	2.76 %

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

Ahsay Backup Software Development Co (HKSE:08290) 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.

Ahsay Backup Software Development Co ROCE % Related Terms

Thank you for viewing the detailed overview of Ahsay Backup Software Development Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ahsay Backup Software Development Co (HKSE:08290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahsay Backup Software Development Co Ltd (HKSE:08290) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 37 Wing Hong Street, 28th Floor, Ford Glory Plaza, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.ahsay.com.hk

Ahsay Backup Software Development Co Ltd is an investment holding company. It is engaged in the provision of online backup software solutions to clients via the internet. The company has two business segments. Online backup software and related services segment that provides software license sales and leasing, software upgrades and maintenance services, sales of hardware devices, and other services; and Information platform segment. The Online backup software and related services segment generate maximum revenue for the company. Geographically the company derives revenue from the United States and other countries.

Ahsay Backup Software Development Co (HKSE:08290) Headlines

No Headlines