Prime Intelligence Solutions Group (HKSE:08379) ROC % : 0.00% (As of Sep. 2024)

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What is Prime Intelligence Solutions Group ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Prime Intelligence Solutions Group's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was 0.00%.

As of today (2025-04-11), Prime Intelligence Solutions Group's WACC % is 6.25%. Prime Intelligence Solutions Group's ROC % is -34.19% (calculated using TTM income statement data). Prime Intelligence Solutions Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Prime Intelligence Solutions Group ROC % Historical Data

The historical data trend for Prime Intelligence Solutions Group's ROC % 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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Prime Intelligence Solutions Group ROC % Chart

Prime Intelligence Solutions Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROC %

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-11.06

-18.66

-63.82

-70.30

-51.12

Prime Intelligence Solutions Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROC %	Get a 7-Day Free Trial															-95.95	-78.20	-58.07	-	-

Prime Intelligence Solutions Group ROC % Calculation

Prime Intelligence Solutions Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2024 is calculated as:

	ROC % (A: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2023 )	+	Invested Capital (A: Mar. 2024 ))	/ count )
=	-18.292 * ( 1 - 0.19% )	/	( (34.777	+	36.658)	/ 2 )
=	-18.2572452	/	35.7175
=	-51.12 %

where

	Invested Capital		(A: Mar. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	55.029	-	2.384	-	( 17.868	-	max(0, 17.535	-	54.473	+	17.868	))
=	34.777

	Invested Capital		(A: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	45.19	-	4.73	-	( 3.802	-	max(0, 23.423	-	44.764	+	3.802	))
=	36.658

Prime Intelligence Solutions Group's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2024 is calculated as:

	ROC % (Q: Sep. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2024 )	+	Invested Capital (Q: Sep. 2024 ))	/ count )
=	0 * ( 1 - 0% )	/	( (36.658	+	30.71)	/ 2 )
=	0	/	33.684
=	0.00 %

where

	Invested Capital		(Q: Mar. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	45.19	-	4.73	-	( 3.802	-	max(0, 23.423	-	44.764	+	3.802	))
=	36.658

	Invested Capital		(Q: Sep. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	47.6	-	13.2	-	( 3.69	-	max(0, 28.324	-	47.167	+	3.69	))
=	30.71

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

Prime Intelligence Solutions Group (HKSE:08379) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Prime Intelligence Solutions Group's WACC % is 6.25%. Prime Intelligence Solutions Group's ROC % is -34.19% (calculated using TTM income statement data). Prime Intelligence Solutions Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Prime Intelligence Solutions Group ROC % Related Terms

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Prime Intelligence Solutions Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Prime Intelligence Solutions Group Ltd (HKSE:08379) » Definitions » ROC %

Comparable Companies

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Address

Nos. 132-134 Tai Lin Pai Road, Unit A, 6th Floor, TLP132, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.primeintelligence.com.hk

Prime Intelligence Solutions Group Ltd is an investment holding company. The company is engaged in the sales of biometrics identification devices and security products and the provision of application software and repair and maintenance services. Its segments include Sales of biometrics identification devices, security products, and other accessories; and Provision of auxiliary and other services including maintenance, installation and solution services, and software licensing. Geographical revenue is been derived from Hong Kong with a presence in China.

Executives

Super Arena Limited	2101 Beneficial owner
Wu Rong	2201 Interest of corporation controlled by you
Wang Yicheng	2101 Beneficial owner
Kor Sing Mung Michael	2201 Interest of corporation controlled by you
Delighting View Global Limited	2101 Beneficial owner
Yuen Kwok Wai Tony	2201 Interest of corporation controlled by you
Yuen Mei Ling Pauline	2201 Interest of corporation controlled by you
Primary Group International Limited	2101 Beneficial owner
Ren Zixuan	2201 Interest of corporation controlled by you
Jian Yanmei	2202 Interest of your spouse
Yao Han	2101 Beneficial owner
Soleil Capital Limited	2201 Interest of corporation controlled by you
Teo Kian Huat	2201 Interest of corporation controlled by you
Kailong Asia Limited	2501 Other

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