Karin Technology Holdings (SGX:K29) ROCE % : 7.96% (As of Dec. 2023)

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What is Karin Technology 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. Karin Technology Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.96%.

Karin Technology Holdings ROCE % Historical Data

The historical data trend for Karin Technology 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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Karin Technology Holdings ROCE % Chart

Karin Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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9.26

2.51

8.28

9.25

14.30

Karin Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															6.08	12.28	8.83	20.61	7.96

Karin Technology Holdings ROCE % Calculation

Karin Technology Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	11.571	/	( ( (214.691 - 133.265)	+	(187.719 - 107.313) )	/ 2 )
	=	11.571	/	( (81.426	+	80.406)	/ 2 )
	=	11.571	/	80.916
	=	14.30 %

Karin Technology 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	6.24	/	( ( (187.719 - 107.313)	+	(206.653 - 130.264) )	/ 2 )
	=	6.24	/	( ( 80.406	+	76.389 )	/ 2 )
	=	6.24	/	78.3975
	=	7.96 %

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

Karin Technology Holdings (SGX:K29) 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.

Karin Technology Holdings ROCE % Related Terms

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Karin Technology Holdings (SGX:K29) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Karin Technology Holdings Ltd (SGX:K29) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Wai Yip Street, 9th Floor, The Whitney, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.karingroup.com

Karin Technology Holdings Ltd is an investment holding company. Its operating segment includes Components Distribution; IT Infrastructure and Consumer Electronics Products. It generates maximum revenue from the IT Infrastructure segment which is engaged in the provision of computer data storage management solutions and services. The Components Distribution segment engages in the distribution and trading of electronic components and cables. Its Consumer Electronics Products segment engages in the distribution and retailing of consumer electronics products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Mainland China and Other Countries.

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