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Da Yu Financial Holdings (HKSE:01073) ROCE % : -81.82% (As of Dec. 2023)


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What is Da Yu 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. Da Yu Financial Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -81.82%.


Da Yu Financial Holdings ROCE % Historical Data

The historical data trend for Da Yu 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.

Da Yu Financial Holdings ROCE % Chart

Da Yu Financial Holdings Annual Data
Trend Jun11 Jun12 Jun13 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.78 2.34 -39.86

Da Yu Financial Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.58 10.66 -6.03 2.23 -81.82

Da Yu Financial Holdings ROCE % Calculation

Da Yu 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 )
=-159.746/( ( (655.336 - 173.544) + (492.532 - 172.733) )/ 2 )
=-159.746/( (481.792+319.799)/ 2 )
=-159.746/400.7955
=-39.86 %

Da Yu Financial Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-330.318/( ( (639.417 - 151.743) + (492.532 - 172.733) )/ 2 )
=-330.318/( ( 487.674 + 319.799 )/ 2 )
=-330.318/403.7365
=-81.82 %

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

* 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.


Da Yu Financial Holdings  (HKSE:01073) 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.


Da Yu Financial Holdings ROCE % Related Terms

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Da Yu Financial Holdings (HKSE:01073) Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, Room 1801, 18th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Da Yu Financial Holdings Ltd is an investment holding company and is engaged in providing financial advisory services. It operates in four segments. The corporate finance advisory services include services incidental to financial advisory, compliance advisory services, placing agency and underwriting services, investment business, and others. The Asset management services include investment advisory services and sundry income derived from the provision of the services. The Securities and related services include the provision of securities broking, underwriting, and placing of securities and investment in securities. The money lending business includes the provision of loan financing and related services. The group mainly has operations located in Hong Kong.
Executives
Victory Gain Ventures Limited 2101 Beneficial owner
Asm Connaught House General Partner V Limited 2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund V Lp 2101 Beneficial owner
Chan Kin 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2201 Interest of corporation controlled by you
Xu Haohao 2101 Beneficial owner
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Seng Huang 2201 Interest of corporation controlled by you
Beyond Global Enterprises Limited 2201 Interest of corporation controlled by you
First Steamship Company Limited 2101 Beneficial owner
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2201 Interest of corporation controlled by you
Allied Group Limited 2201 Interest of corporation controlled by you
Cheung Kit Shan Susanna 2202 Interest of your spouse
Lee Wa Lun Warren 2101 Beneficial owner

Da Yu Financial Holdings (HKSE:01073) Headlines

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