Vongroup (HKSE:00318) ROCE % : 5.69% (As of Oct. 2024)

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What is Vongroup 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. Vongroup's annualized ROCE % for the quarter that ended in Oct. 2024 was 5.69%.

Vongroup ROCE % Historical Data

The historical data trend for Vongroup'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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Vongroup ROCE % Chart

Vongroup Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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2.73

5.50

5.77

4.66

4.39

Vongroup Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															6.12	3.31	6.09	2.66	5.69

Vongroup ROCE % Calculation

Vongroup's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	24.019	/	( ( (609.358 - 70.312)	+	(620.828 - 66.481) )	/ 2 )
	=	24.019	/	( (539.046	+	554.347)	/ 2 )
	=	24.019	/	546.6965
	=	4.39 %

Vongroup's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	31.956	/	( ( (620.828 - 66.481)	+	(632.972 - 64.077) )	/ 2 )
	=	31.956	/	( ( 554.347	+	568.895 )	/ 2 )
	=	31.956	/	561.621
	=	5.69 %

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

Vongroup (HKSE:00318) 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.

Vongroup ROCE % Related Terms

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Vongroup Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vongroup Ltd (HKSE:00318) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

83 Hung To Road, 17A, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.thevongroup.com

Vongroup Ltd is an investment holding company and the operating segment includes Financial, Property, and Technology. The majority of the revenue is generated from the Technology segment which is engaged in the business paradigms such as fintech, cloud, distance business, and virtual technologies. It helps clients to analyze, design, develop, operate, and maintain integrated e-commerce and other online commercials, educational, and biotech platforms and products. Its geographical segments include Hong Kong, the People's Republic of China, and Macau, out of which the majority of revenue comes from Hong Kong.

Executives

Vongroup Holdings Limited	2101 Beneficial owner
Vong Tat Ieong David	2201 Interest of corporation controlled by you
Allyking International Limited	2101 Beneficial owner
Huang Rong	2201 Interest of corporation controlled by you
Kingston Investment Assets Limited	2101 Beneficial owner
Nip Brian Donald	2201 Interest of corporation controlled by you
Wun Kam Hoi	2101 Beneficial owner

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