Huscoke Holdings (HKSE:00704) ROCE % : -0.87% (As of Sep. 2023)

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What is Huscoke 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. Huscoke Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -0.87%.

Huscoke Holdings ROCE % Historical Data

The historical data trend for Huscoke 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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Huscoke Holdings ROCE % Chart

Huscoke Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar23

ROCE %

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33.00

9.19

-113.39

Huscoke Holdings Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
ROCE %	Get a 7-Day Free Trial															-241.51	-	-	-	-0.87

Huscoke Holdings ROCE % Calculation

Huscoke Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Dec. 2021 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Dec. 2021 )		(A: Mar. 2023 )
	=	0	/	( ( (2221.404 - 2360.223)	+	(1910.086 - 356.604) )	/ 2 )
	=	0	/	( (-138.819	+	1553.482)	/ 2 )
	=	0	/	707.3315
	=	0.00 %

Huscoke Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2022 )		(Q: Sep. 2023 )
	=	-12.416	/	( ( (1907.956 - 2084.387)	+	(1805.317 - 370.382) )	/ 2 )
	=	-12.416	/	( ( -176.431	+	1434.935 )	/ 2 )
	=	-12.416	/	629.252
	=	-1.97 %

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

Huscoke Holdings (HKSE:00704) 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.

Huscoke Holdings ROCE % Related Terms

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Huscoke Holdings (HKSE:00704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Huscoke Holdings Ltd (HKSE:00704) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

89 Queensway, Room 2301, 23rd Floor, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.huscoke.com

Huscoke Holdings Ltd is a Hong Kong-based investment holding company engaged in the production and trading of coal. The firm operates through three segments namely Coke trading, Coal-related ancillary and Coke production. The majority of revenue is generated from coal production segment which involves the processing of refined coal into coke for sales, and the sale of coke by-products that are generated during coke production.

Executives

Zhao Xu Guang	2201 Interest of corporation controlled by you
Wahen Investments Limited	2101 Beneficial owner
Li Hongwei	2201 Interest of corporation controlled by you
Liberal Expansion Limited	2201 Interest of corporation controlled by you
Shun Wang Investments Limited	2101 Beneficial owner
Whole Advance Limited	2201 Interest of corporation controlled by you
Rong Tai Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Rong Tai Zi Yuan You Xian Gong Si	2101 Beneficial owner

Huscoke Holdings (HKSE:00704) Headlines

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