Somerley Capital Holdings (HKSE:08439) ROCE % : 3.71% (As of Sep. 2023)

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What is Somerley Capital 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. Somerley Capital Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.71%.

Somerley Capital Holdings ROCE % Historical Data

The historical data trend for Somerley Capital 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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Somerley Capital Holdings ROCE % Chart

Somerley Capital Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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10.46

-6.28

6.68

-3.20

-6.60

Somerley Capital Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-24.89	5.68	6.59	-6.97	3.71

Somerley Capital Holdings ROCE % Calculation

Somerley Capital 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 )
	=	-6.521	/	( ( (116.172 - 9.615)	+	(100.634 - 9.724) )	/ 2 )
	=	-6.521	/	( (106.557	+	90.91)	/ 2 )
	=	-6.521	/	98.7335
	=	-6.60 %

Somerley Capital 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 )
	=	3.12	/	( ( (0 - 0)	+	(92.97 - 8.848) )	/ 1 )
	=	3.12	/	( ( 0	+	84.122 )	/ 1 )
	=	3.12	/	84.122
	=	3.71 %

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

Somerley Capital Holdings (HKSE:08439) 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.

Somerley Capital Holdings ROCE % Related Terms

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Somerley Capital Holdings (HKSE:08439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Somerley Capital Holdings Ltd (HKSE:08439) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen's Road Central, 20th Floor, China Building, Central, Hong Kong, HKG

Website

https://www.somerleycapital.com

Somerley Capital Holdings Ltd is engaged in the provision of financial advisory services to listed companies, spin-offs, reorganizations and sponsors to initial public offerings and listings of shares of companies on the stock exchange in Hong Kong. Its segments include Corporate finance advisory service and Asset management service. It derives the majority of the revenue from Corporate Finance Advisory services.

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