PLTYF (Plastec Technologies) ROCE % : -8.48% (As of Dec. 2024)

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What is Plastec Technologies 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. Plastec Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was -8.48%.

Plastec Technologies ROCE % Historical Data

The historical data trend for Plastec Technologies'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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Plastec Technologies ROCE % Chart

Plastec Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-2.21

-1.99

-3.66

-3.54

-7.22

Plastec Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-4.38	-3.07	-4.03	-4.46	-8.48

Plastec Technologies ROCE % Calculation

Plastec Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-0.604	/	( ( (12.935 - 1.812)	+	(5.682 - 0.069) )	/ 2 )
	=	-0.604	/	( (11.123	+	5.613)	/ 2 )
	=	-0.604	/	8.368
	=	-7.22 %

Plastec Technologies's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-0.71	/	( ( (12.915 - 1.785)	+	(5.682 - 0.069) )	/ 2 )
	=	-0.71	/	( ( 11.13	+	5.613 )	/ 2 )
	=	-0.71	/	8.3715
	=	-8.48 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Plastec Technologies (OTCPK:PLTYF) 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.

Plastec Technologies ROCE % Related Terms

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Plastec Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plastec Technologies Ltd (OTCPK:PLTYF) » Definitions » ROCE %

Comparable Companies

XKRX:391060 PGID LSE:CYBA WBBA LZGI TCRI OOGI ITUP CLOW ELLH

Traded in Other Exchanges

N/A

Address

C/o Unit 01, 61 Hoi Yuen Road, Aitken Vanson Centre, 21st Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.plastec.com.hk

Plastec Technologies Ltd is a shell company.

Executives

Jing Dong Gao	director, 10 percent owner, officer: Chairman of the Board	762 WEST BEIJING ROAD, SHANGHAI F4 200041
Eli D Scher	director, 10 percent owner, officer: Chief Executive Officer	762 WEST BEIJING ROAD, SHANGHAI F4 200041
Zhong Wen Lin	officer: Vice President, Finance	762 WEST BEIJING ROAD, SHANGHAI F4 200041

Plastec Technologies Headlines

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