Zero Fintech Group (HKSE:00093) ROCE % : 3.77% (As of Jun. 2024)

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What is Zero Fintech Group 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. Zero Fintech Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.77%.

Zero Fintech Group ROCE % Historical Data

The historical data trend for Zero Fintech Group'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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Zero Fintech Group ROCE % Chart

Zero Fintech Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

ROCE %

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-1.21

-2.65

3.57

2.78

2.50

Zero Fintech Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															3.11	2.23	3.66	1.30	3.77

Zero Fintech Group ROCE % Calculation

Zero Fintech Group'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 )
	=	27.16	/	( ( (1270.706 - 178.503)	+	(1264.977 - 183.623) )	/ 2 )
	=	27.16	/	( (1092.203	+	1081.354)	/ 2 )
	=	27.16	/	1086.7785
	=	2.50 %

Zero Fintech Group's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	43.01	/	( ( (1264.977 - 183.623)	+	(1228.706 - 26.896) )	/ 2 )
	=	43.01	/	( ( 1081.354	+	1201.81 )	/ 2 )
	=	43.01	/	1141.582
	=	3.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Zero Fintech Group (HKSE:00093) 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.

Zero Fintech Group ROCE % Related Terms

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Zero Fintech Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zero Fintech Group Ltd (HKSE:00093) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Room 2107-08, 21st Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG

Website

https://www.zerofintech.com.hk

Zero Fintech Group Ltd is engaged in financial lending business including property development and investment business, mortgage and personal loan financing.

Executives

Hsbc International Trustee Limited	2301 Trustee
Lee & Leung (b.v.i.) Limited	2101 Beneficial owner
Lee & Leung Family Investment Limited	2201 Interest of corporation controlled by you
Aeasy Finance Holdings Limited	2201 Interest of corporation controlled by you
Lee Tommy	2201 Interest of corporation controlled by you
Lee Lap	2501 Other
Leung Lai Ping	2305 Beneficiary of a trust

Zero Fintech Group Headlines

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