Yau Lee Holdings (HKSE:00406) ROCE % : 6.85% (As of Sep. 2024)

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What is Yau Lee 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. Yau Lee Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.85%.

Yau Lee Holdings ROCE % Historical Data

The historical data trend for Yau Lee 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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Yau Lee Holdings ROCE % Chart

Yau Lee Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-0.29

6.95

4.45

4.77

7.24

Yau Lee Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															3.81	6.10	7.03	6.70	6.85

Yau Lee Holdings ROCE % Calculation

Yau Lee Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	142.421	/	( ( (4850.659 - 2879.164)	+	(5726.115 - 3763.332) )	/ 2 )
	=	142.421	/	( (1971.495	+	1962.783)	/ 2 )
	=	142.421	/	1967.139
	=	7.24 %

Yau Lee Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	139.354	/	( ( (5726.115 - 3763.332)	+	(6259.885 - 4155.839) )	/ 2 )
	=	139.354	/	( ( 1962.783	+	2104.046 )	/ 2 )
	=	139.354	/	2033.4145
	=	6.85 %

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

Yau Lee Holdings (HKSE:00406) 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.

Yau Lee Holdings ROCE % Related Terms

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Yau Lee Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yau Lee Holdings Ltd (HKSE:00406) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Sheung Yuet Road, 10th Floor, Tower 1, Enterprise Square, Kowloon Bay, Hong Kong, HKG

Website

https://www.yaulee.com

Yau Lee Holdings Ltd is an investment holding company. The company's operating segments include Construction, Electrical and mechanical installation, Building materials supply, Property investment and development, Hotel Operations, and Others. The company generates maximum revenue from the Construction segment which includes contracting of building construction, plumbing, renovation, maintenance, and fitting-out projects. Geographically, the company derives a majority of its revenue from Hong Kong.

Executives

Wong Ip Kuen

2201 Interest of corporation controlled by you

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