CK Hutchison Holdings (CK Hutchison Holdings) ROCE % : 4.74% (As of Dec. 2023)

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What is CK Hutchison 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. CK Hutchison Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.74%.

CK Hutchison Holdings ROCE % Historical Data

The historical data trend for CK Hutchison 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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CK Hutchison Holdings ROCE % Chart

CK Hutchison Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.60

4.92

4.99

6.08

4.57

CK Hutchison 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															5.06	5.75	6.51	4.27	4.74

CK Hutchison Holdings ROCE % Calculation

CK Hutchison Holdings'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 )
	=	5769.802	/	( ( (147511.624 - 22672.567)	+	(148390.868 - 20810.392) )	/ 2 )
	=	5769.802	/	( (124839.057	+	127580.476)	/ 2 )
	=	5769.802	/	126209.7665
	=	4.57 %

CK Hutchison 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 )
	=	6094.906	/	( ( (147942.551 - 18442.104)	+	(148390.868 - 20810.392) )	/ 2 )
	=	6094.906	/	( ( 129500.447	+	127580.476 )	/ 2 )
	=	6094.906	/	128540.4615
	=	4.74 %

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

CK Hutchison Holdings (OTCPK:CKHUF) 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.

CK Hutchison Holdings ROCE % Related Terms

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CK Hutchison Holdings (CK Hutchison Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CK Hutchison Holdings Ltd (OTCPK:CKHUF) » Definitions » ROCE %

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Traded in Other Exchanges

CKHUY:USA 00001:Hong Kong 2CK:Germany

Address

2 Queen’s Road Central, 48th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckh.com.hk

CK Hutchison Holdings, or CKH, is a Hong Kong headquartered conglomerate with key businesses in ports, retail, infrastructure, and telecommunications. The company was created in 2015 to house the merged assets of Cheung Kong Holdings and Hutchison Whampoa as the group sought to flatten out and simplify its original holding structure. CKH contains most of the businesses previously housed in Hutchison Whampoa, minus the property assets, which were spun off into their own listing, CK Asset Holdings. Telecommunications and infrastructure activities now make up the largest share of EBITDA, at around 27%.