HHGC (HHG Capital) ROCE % : -1.24% (As of Mar. 2024)

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What is HHG Capital 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. HHG Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.24%.

HHG Capital ROCE % Historical Data

The historical data trend for HHG Capital'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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HHG Capital ROCE % Chart

HHG Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.48

-1.19

-1.58

HHG Capital Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										-0.95	-2.34	-1.95	-1.07	-1.24

HHG Capital ROCE % Calculation

HHG Capital'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 )
	=	-0.553	/	( ( (34.789 - 0.186)	+	(35.938 - 0.324) )	/ 2 )
	=	-0.553	/	( (34.603	+	35.614)	/ 2 )
	=	-0.553	/	35.1085
	=	-1.58 %

HHG Capital's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.444	/	( ( (35.938 - 0.324)	+	(36.504 - 0.532) )	/ 2 )
	=	-0.444	/	( ( 35.614	+	35.972 )	/ 2 )
	=	-0.444	/	35.793
	=	-1.24 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

HHG Capital (NAS:HHGC) 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.

HHG Capital ROCE % Related Terms

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HHG Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HHG Capital Corp (NAS:HHGC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Commonwealth Lane, No. 03-20, Singapore, SGP, 149544

Website

HHG Capital Corp is a blank check company.

Executives

Ho Hock Lye Benjamin	director	C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Siang Yong Chew	director	C/O HHG CAPITAL CORPORATION, 1 COMMONWEALTH LANE, #03-20, SINGAPORE U0 149544
Denise Cho	director	FLAT 26-C, TOWER 1, THE WATERFRONT,, 1 AUSTIN ROAD WEST, TST, KOWLOON, HONG KONG SAR F4 000000
Kok Wai Hooy	10 percent owner	HOUSE 11, ASTRID HILL, SINGAPORE U0 269935
Chan Shuk Man Lora	officer: Chief Financial Officer	FT E, 17/F, BLK 8, THE WINGS,, 9 TONG YIN ST, TSEUNG KWAN O, N.T., HONG KONG F4 00000
Weiyi Di	director	33 CAPE ROAD,, BLOCK AM CHUNG HOM KOK,, HONG KONG F4 00000
Wing Yin Hau	director	G/F, H23 HO SHEUNG HEUNG VILLAGE,, SHEUNG SHUI, N.T., HONG KONG F4 00000
Ting Tzu Fei Philip	director	71, JALAN KUDALARI,, COUNTRY HEIGHTS, KAJANG, SELANGOR N8 43000
Kok Chee Shiong Keith	director, officer: Chief Executive Officer	73 LORONG BULOH PERINDU 2, DAMANSARA HEIGHTS, KUALA LUMPUR N8 59000