Continental Aerospace Technologies Holding (HKSE:00232) ROCE % : 3.64% (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Continental Aerospace Technologies Holding 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. Continental Aerospace Technologies Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.64%.

Continental Aerospace Technologies Holding ROCE % Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

* Premium members only.

Continental Aerospace Technologies Holding ROCE % Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-1.78

-20.22

-0.29

1.23

3.04

Continental Aerospace Technologies Holding 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															-2.43	3.40	-0.96	2.45	3.64

Continental Aerospace Technologies Holding ROCE % Calculation

Continental Aerospace Technologies Holding'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 )
	=	104.217	/	( ( (3799.848 - 422.783)	+	(3979.064 - 506.859) )	/ 2 )
	=	104.217	/	( (3377.065	+	3472.205)	/ 2 )
	=	104.217	/	3424.635
	=	3.04 %

Continental Aerospace Technologies Holding'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 )
	=	125.298	/	( ( (3910.173 - 502.002)	+	(3979.064 - 506.859) )	/ 2 )
	=	125.298	/	( ( 3408.171	+	3472.205 )	/ 2 )
	=	125.298	/	3440.188
	=	3.64 %

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

Continental Aerospace Technologies Holding (HKSE:00232) 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.

Continental Aerospace Technologies Holding ROCE % Related Terms

Thank you for viewing the detailed overview of Continental Aerospace Technologies Holding's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (HKSE:00232) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CTQ0:Germany

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Executives

Aviation Industry Corporation Of China, Ltd	2201 Interest of corporation controlled by you
Avic International Holding Corporation	2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

No Headlines