SmarTone Telecommunications Holdings (SmarTone Telecommunications Holdings) ROCE % : 9.63% (As of Dec. 2023)

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What is SmarTone Telecommunications 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. SmarTone Telecommunications Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.63%.

SmarTone Telecommunications Holdings ROCE % Historical Data

The historical data trend for SmarTone Telecommunications 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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SmarTone Telecommunications Holdings ROCE % Chart

SmarTone Telecommunications Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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12.28

8.16

9.10

8.86

7.00

SmarTone Telecommunications 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															8.86	7.31	10.21	3.72	9.63

SmarTone Telecommunications Holdings ROCE % Calculation

SmarTone Telecommunications 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 )
	=	74.521	/	( ( (1603.08 - 521.327)	+	(1391.414 - 345.232) )	/ 2 )
	=	74.521	/	( (1081.753	+	1046.182)	/ 2 )
	=	74.521	/	1063.9675
	=	7.00 %

SmarTone Telecommunications 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 )
	=	100.53	/	( ( (1391.414 - 345.232)	+	(1372.851 - 331.905) )	/ 2 )
	=	100.53	/	( ( 1046.182	+	1040.946 )	/ 2 )
	=	100.53	/	1043.564
	=	9.63 %

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

SmarTone Telecommunications Holdings (OTCPK:STTFF) 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.

SmarTone Telecommunications Holdings ROCE % Related Terms

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SmarTone Telecommunications Holdings (SmarTone Telecommunications Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SmarTone Telecommunications Holdings Ltd (OTCPK:STTFF) » Definitions » ROCE %

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00315:Hong Kong

Address

378 Kwun Tong Road, 31st Floor, Millennium City 2, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.smartoneholdings.com

SmarTone Telecommunications Holdings Ltd provides mobile and broadband services for household and corporate customers. The majority of overall company revenue comes from selling handsets and associated accessories. Most of the group's customers are post-paid. The company operates through two main segments, Hong Kong and Macau, with Hong Kong representing the majority of revenue. SmarTone Telecommunications owns telecommunications infrastructure.

SmarTone Telecommunications Holdings (SmarTone Telecommunications Holdings) Headlines

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