HKT Trust and HKT (FRA:4HK) ROCE % : 9.33% (As of Dec. 2023)

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What is HKT Trust and HKT 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. HKT Trust and HKT's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.33%.

HKT Trust and HKT ROCE % Historical Data

The historical data trend for HKT Trust and HKT'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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HKT Trust and HKT ROCE % Chart

HKT Trust and HKT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.08

8.20

7.98

7.99

8.22

HKT Trust and HKT 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															9.19	6.74	9.20	7.15	9.33

HKT Trust and HKT ROCE % Calculation

HKT Trust and HKT'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 )
	=	885.204	/	( ( (13482.683 - 2741.4)	+	(13164.512 - 2363.478) )	/ 2 )
	=	885.204	/	( (10741.283	+	10801.034)	/ 2 )
	=	885.204	/	10771.1585
	=	8.22 %

HKT Trust and HKT'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 )
	=	1005.32	/	( ( (12946.038 - 2200.329)	+	(13164.512 - 2363.478) )	/ 2 )
	=	1005.32	/	( ( 10745.709	+	10801.034 )	/ 2 )
	=	1005.32	/	10773.3715
	=	9.33 %

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

HKT Trust and HKT (FRA:4HK) 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.

HKT Trust and HKT ROCE % Related Terms

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HKT Trust and HKT (FRA:4HK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKT Trust and HKT Ltd (FRA:4HK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HKTTY:USA HKTTF:USA 06823:Hong Kong 4HK:Germany

Address

979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG

Website

https://www.hkt.com

HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.

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