King Of Catering Global Holdings (HKSE:08619) ROC % : 0.00% (As of Sep. 2024)

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What is King Of Catering Global Holdings 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 %. King Of Catering Global Holdings's annualized return on capital (ROC %) for the quarter that ended in Sep. 2024 was 0.00%.

As of today (2025-03-27), King Of Catering Global Holdings's WACC % is 5.87%. King Of Catering Global Holdings's ROC % is 4.25% (calculated using TTM income statement data). King Of Catering Global Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

King Of Catering Global Holdings ROC % Historical Data

The historical data trend for King Of Catering Global Holdings'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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King Of Catering Global Holdings ROC % Chart

King Of Catering Global Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROC %

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-16.70

19.20

10.22

4.34

-9.42

King Of Catering Global Holdings 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															1.28	12.63	5.39	-	-

King Of Catering Global Holdings ROC % Calculation

King Of Catering Global Holdings'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 )
=	-9.438 * ( 1 - -3.74% )	/	( (94.756	+	113.163)	/ 2 )
=	-9.7909812	/	103.9595
=	-9.42 %

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	))
=	137.807	-	1.848	-	( 41.203	-	max(0, 39.116	-	107.505	+	41.203	))
=	94.756

	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	))
=	154.981	-	1.495	-	( 40.323	-	max(0, 35.36	-	116.377	+	40.323	))
=	113.163

King Of Catering Global Holdings'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% )	/	( (113.163	+	161.45)	/ 2 )
=	0	/	137.3065
=	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	))
=	154.981	-	1.495	-	( 40.323	-	max(0, 35.36	-	116.377	+	40.323	))
=	113.163

	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	))
=	190.509	-	0.948	-	( 28.111	-	max(0, 35.509	-	132.88	+	28.111	))
=	161.45

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

King Of Catering Global Holdings (HKSE:08619) 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, King Of Catering Global Holdings's WACC % is 5.87%. King Of Catering Global Holdings's ROC % is 4.25% (calculated using TTM income statement data). King Of Catering Global Holdings 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.

King Of Catering Global Holdings ROC % Related Terms

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King Of Catering Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » King Of Catering Global Holdings Ltd (HKSE:08619) » Definitions » ROC %

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Address

9 Wing Hong Street, Floor 9, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.wcce.hk

King Of Catering Global Holdings Ltd is a construction engineering consultant, focusing on the area of comprehensive structural and geotechnical engineering. The consultancy service offered by the company includes structural engineering, which involves loading calculation and stress designs. The company also engaged in equipment rental services in Hong Kong. It generates revenue from the Construction of new properties, Refurbishment/maintenance of existing properties, and Others. The company generates the majority of its revenue from the Construction of new properties. The company generates almost all of its revenue from Hong Kong.

Executives

Chan Julia Gower	2202 Interest of your spouse
Chan Yin Nin	2201 Interest of corporation controlled by you
Kwong Po Lam	2101 Beneficial owner
Leung Kwai Ping	2202 Interest of your spouse
Wan Nian Di Chan Fa Zhan You Xian Gong Si	2101 Beneficial owner
Yuen Chi Ping	2101 Beneficial owner
Wong Man Hin Max	2101 Beneficial owner

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