CSC Holdings (HKSE:00235) ROCE % : 3.29% (As of Dec. 2023)

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What is CSC 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. CSC Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.29%.

CSC Holdings ROCE % Historical Data

The historical data trend for CSC 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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CSC Holdings ROCE % Chart

CSC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.69

56.09

-84.35

-6.14

0.65

CSC 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															-166.65	-5.06	-7.32	-2.01	3.29

CSC Holdings ROCE % Calculation

CSC Holdings'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 )
	=	14.412	/	( ( (2240.063 - 48.039)	+	(2278.329 - 40.818) )	/ 2 )
	=	14.412	/	( (2192.024	+	2237.511)	/ 2 )
	=	14.412	/	2214.7675
	=	0.65 %

CSC 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 )
	=	72.87	/	( ( (2238.368 - 46.894)	+	(2278.329 - 40.818) )	/ 2 )
	=	72.87	/	( ( 2191.474	+	2237.511 )	/ 2 )
	=	72.87	/	2214.4925
	=	3.29 %

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

CSC Holdings (HKSE:00235) 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.

CSC Holdings ROCE % Related Terms

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CSC Holdings (HKSE:00235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CSC Holdings Ltd (HKSE:00235) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.cshldgs.com

CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.

Executives

Courage Star Global Limited	2101 Beneficial owner
Pioneer Success Development Limited	2101 Beneficial owner
Cheng Kar Shun	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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