Carry Wealth Holdings (HKSE:00643) ROCE %

: -0.67% (As of Jun. 2023)

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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. Carry Wealth Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -0.67%.

Carry Wealth Holdings ROCE % Historical Data

The historical data trend for Carry Wealth 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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Carry Wealth Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-8.01

-8.85

1.12

-1.96

-0.20

Carry Wealth 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															4.93	6.67	-10.76	-0.67	0.26

Carry Wealth Holdings ROCE % Calculation

Carry Wealth Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-3.136	/	( ( (289.225 - 123.835)	+	(254.726 - 100.42) )	/ 2 )
	=	-3.136	/	( (165.39	+	154.306)	/ 2 )
	=	-3.136	/	159.848
	=	-1.96 %

Carry Wealth Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-1.198	/	( ( (254.726 - 100.42)	+	(305.086 - 103.247) )	/ 2 )
	=	-1.198	/	( ( 154.306	+	201.839 )	/ 2 )
	=	-1.198	/	178.0725
	=	-0.67 %

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

Carry Wealth Holdings (HKSE:00643) 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.

Carry Wealth Holdings ROCE % Related Terms

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Carry Wealth Holdings (HKSE:00643) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Carry Wealth Holdings Ltd (HKSE:00643) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Room 7801-7803, 78th Floor The Center, Central, Hong Kong, HKG

Website

http://www.carrywealth.com

Carry Wealth Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garment products, and securities investment. The company operates through the segments of Garment manufacturing and trading segment including the manufacturing of garments for apparel brands and the sale of garment products; and the Securities investment segment consisting of investment in various securities listed on the Hong Kong stock exchange. Its product ranges from polo, athletics, cardigan, hoody, tee, jacket, bottom, and dress to layette. In addition, the company also provides embroidery machines and printing facilities to handle fashionable graphic design on its product. It derives a majority of revenue from the U.S.

Carry Wealth Holdings (HKSE:00643) Headlines

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