Asia Energy logistics Group (HKSE:00351) ROCE % : -38.27% (As of Jun. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Asia Energy logistics 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. Asia Energy logistics Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -38.27%.

Asia Energy logistics Group ROCE % Historical Data

The historical data trend for Asia Energy logistics 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.

* Premium members only.

Asia Energy logistics Group ROCE % Chart

Asia Energy logistics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-23.53

-17.07

-25.26

8.84

Asia Energy logistics Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-26.64	-21.12	-11.97	25.83	-38.27

Asia Energy logistics Group ROCE % Calculation

Asia Energy logistics 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 )
	=	14.93	/	( ( (207.696 - 68.273)	+	(219.949 - 21.757) )	/ 2 )
	=	14.93	/	( (139.423	+	198.192)	/ 2 )
	=	14.93	/	168.8075
	=	8.84 %

Asia Energy logistics 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 )
	=	-71.27	/	( ( (219.949 - 21.757)	+	(204.248 - 29.985) )	/ 2 )
	=	-71.27	/	( ( 198.192	+	174.263 )	/ 2 )
	=	-71.27	/	186.2275
	=	-38.27 %

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

Asia Energy logistics Group (HKSE:00351) 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.

Asia Energy logistics Group ROCE % Related Terms

Thank you for viewing the detailed overview of Asia Energy logistics Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Energy logistics Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Energy logistics Group Ltd (HKSE:00351) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

88 Queensway, Suite 802-803, 8th floor, One Pacific Place, Hong Kong, HKG

Website

https://www.aelg.com.hk/contact-us

Asia Energy logistics Group Ltd operates through the Telecommunication related business and Shipping and logistics segments. The Shipping and logistics segment which generates the majority of the revenue focuses on investment in owning and operating vessels, coal shipment logistics services, acquisition, management, and operation of terminals, as well as related logistics operations.

Executives

Pang Yuet	2101 Beneficial owner
Jetport Development Limited	2101 Beneficial owner
Oriental Solar Group Limited	2101 Beneficial owner
King Castle Enterprises Limited
Vms Investment Group Limited	2101 Beneficial owner
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Wong Kin Ting	2101 Beneficial owner

Asia Energy logistics Group Headlines

No Headlines