South China Financial Holdings (HKSE:00619) ROCE % : -15.21% (As of Jun. 2024)

View and export this data going back to 1993. Start your Free Trial

What is South China Financial 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. South China Financial Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -15.21%.

South China Financial Holdings ROCE % Historical Data

The historical data trend for South China Financial 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.

* Premium members only.

South China Financial Holdings ROCE % Chart

South China Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-5.11

-26.14

-9.10

-24.19

-24.66

South China Financial Holdings 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															-22.43	-28.30	-13.00	-33.04	-15.21

South China Financial Holdings ROCE % Calculation

South China Financial 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 )
	=	-122.301	/	( ( (1267.532 - 777.286)	+	(1109.314 - 607.511) )	/ 2 )
	=	-122.301	/	( (490.246	+	501.803)	/ 2 )
	=	-122.301	/	496.0245
	=	-24.66 %

South China Financial Holdings'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 )
	=	-74.194	/	( ( (1109.314 - 607.511)	+	(1083.221 - 609.149) )	/ 2 )
	=	-74.194	/	( ( 501.803	+	474.072 )	/ 2 )
	=	-74.194	/	487.9375
	=	-15.21 %

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

South China Financial Holdings (HKSE:00619) 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.

South China Financial Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of South China Financial Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

South China Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » South China Financial Holdings Ltd (HKSE:00619) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Garden Road, 28th Floor, Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.sctrade.com

South China Financial Holdings Ltd is an investment holding company. Its business activities are segmented as Broking segment; Trading and investment segment; Margin financing and money lending segment; Corporate advisory and underwriting segment; Asset and wealth management segment; Property investment segment; Media publications and financial public relation services segment; Jewellery business segment; and other business segments that engage in the provision of clearing and custodian services. It generates key revenue from the Media publications and financial public relations services segment. The group generates prime revenue from Hong Kong.

Executives

Ng Yuk Yeung Paul	2101 Beneficial owner
Thousand China Investments Limited	2101 Beneficial owner
Ng Hung Sang	2201 Interest of corporation controlled by you
Ng Lai King Pamela	2202 Interest of your spouse
Total Grace Investments Limited	2101 Beneficial owner
Parkfield Holdings Limited	2101 Beneficial owner
Fung Shing Group Limited	2101 Beneficial owner

South China Financial Holdings Headlines

No Headlines