CK Infrastructure Holdings (CK Infrastructure Holdings) ROCE %

: 6.08% (As of Dec. 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. CK Infrastructure Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.08%.

CK Infrastructure Holdings ROCE % Historical Data

The historical data trend for CK Infrastructure 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 Infrastructure Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.95

5.73

5.64

5.97

6.27

CK Infrastructure 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															6.89	6.52	5.23	6.27	6.08

CK Infrastructure Holdings ROCE % Calculation

CK Infrastructure 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 )
	=	1220.518	/	( ( (21304.878 - 1575.77)	+	(21239.084 - 2061.384) )	/ 2 )
	=	1220.518	/	( (19729.108	+	19177.7)	/ 2 )
	=	1220.518	/	19453.404
	=	6.27 %

CK Infrastructure 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 )
	=	1191.58	/	( ( (21175.539 - 1147.836)	+	(21239.084 - 2061.384) )	/ 2 )
	=	1191.58	/	( ( 20027.703	+	19177.7 )	/ 2 )
	=	1191.58	/	19602.7015
	=	6.08 %

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

CK Infrastructure Holdings (OTCPK:CKISF) 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 Infrastructure Holdings ROCE % Related Terms

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CK Infrastructure Holdings (CK Infrastructure Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CK Infrastructure Holdings Ltd (OTCPK:CKISF) » Definitions » ROCE %

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CKISY:USA 01038:Hong Kong CHH:Germany

Address

2 Queen's Road Central, 12th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.cki.com.hk

CK Infrastructure Holdings is a leading global utility and infrastructure investment company with a focus on regulated utility assets. It is part of the CK Hutchison group of companies, holding the bulk of the group infrastructure businesses. CKI's investments stretch across Hong Kong, the U.K., Australia, Europe, Canada, and New Zealand. The U.K. division contributes about half of total group net profit. The company also owns an infrastructure materials business in Hong Kong and mainland China, producing cement, concrete, asphalt, and aggregates.

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