Champion Technology Holdings (HKSE:00092) ROCE % : 78.39% (As of Dec. 2023)

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What is Champion Technology Holdings 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. Champion Technology Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 78.39%.

Champion Technology Holdings ROCE % Historical Data

The historical data trend for Champion Technology Holdings'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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Champion Technology Holdings ROCE % Chart

Champion Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-7.54

-1.33

-10.33

-17.14

-7.77

Champion Technology Holdings 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															-20.12	-17.93	-6.98	-8.33	78.39

Champion Technology Holdings ROCE % Calculation

Champion Technology Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-11.503	/	( ( (179.045 - 19.561)	+	(174.03 - 37.483) )	/ 2 )
	=	-11.503	/	( (159.484	+	136.547)	/ 2 )
	=	-11.503	/	148.0155
	=	-7.77 %

Champion Technology Holdings'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 )
	=	102.234	/	( ( (174.03 - 37.483)	+	(224.487 - 100.193) )	/ 2 )
	=	102.234	/	( ( 136.547	+	124.294 )	/ 2 )
	=	102.234	/	130.4205
	=	78.39 %

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

Champion Technology Holdings (HKSE:00092) 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.

Champion Technology Holdings ROCE % Related Terms

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Champion Technology Holdings (HKSE:00092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Champion Technology Holdings Ltd (HKSE:00092) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Connaught Road West, Units 4214-15, 42nd Floor, Hong Kong Plaza, Hong Kong, HKG

Website

http://www.champion.hk

Champion Technology Holdings Ltd is engaged in the business of systems sales and licensing. It operates in several segments which include Sales of cultural products, Technology: Smart City Solution Business, Technology Renewable energy, Trading of gasoil and related business, and Strategic investments. It generates maximum revenue from the Technology Renewable energy segment, which includes income from design and sales of renewable energy products and solutions.

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