Momentum Financial Holdings (HKSE:01152) ROCE % : 22.01% (As of Jun. 2024)

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What is Momentum 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. Momentum Financial Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 22.01%.

Momentum Financial Holdings ROCE % Historical Data

The historical data trend for Momentum 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.

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Momentum Financial Holdings ROCE % Chart

Momentum Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-12.04

9.19

26.88

19.37

24.69

Momentum 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															4.47	33.28	30.63	14.05	22.01

Momentum Financial Holdings ROCE % Calculation

Momentum 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 )
	=	33.89	/	( ( (352.444 - 261.449)	+	(414.741 - 231.254) )	/ 2 )
	=	33.89	/	( (90.995	+	183.487)	/ 2 )
	=	33.89	/	137.241
	=	24.69 %

Momentum 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 )
	=	34.238	/	( ( (414.741 - 231.254)	+	(496.322 - 368.65) )	/ 2 )
	=	34.238	/	( ( 183.487	+	127.672 )	/ 2 )
	=	34.238	/	155.5795
	=	22.01 %

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

Momentum Financial Holdings (HKSE:01152) 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.

Momentum Financial Holdings ROCE % Related Terms

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Momentum Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Momentum Financial Holdings Ltd (HKSE:01152) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4028, Jintian Road, Fuzhong Community, Lianhua Street, Room 2408, Rongchao Economic and Trade Center, Futian District, Shenzhen, CHN

Website

https://www.1152.com.hk

Momentum Financial Holdings Ltd is engaged in finance leasing and consultancy services. The company's segments include finance leasing; Cross-border trading business of nutrition food and health care products; and Others. The majority of the revenue is derived from the cross-border trading business of nutrition food and health care products segment. Geographically, the company has a presence in Hong Kong and PRC.

Executives

Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2501 Other
So Man Chun (in The Capacity As The Receiver)	2501 Other
Forever Brilliance International Group Co., Limited	2101 Beneficial owner
Smith Lexi Lucia	2201 Interest of corporation controlled by you
Sun Dianying	2201 Interest of corporation controlled by you
Great River Capital Limited	2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited	2201 Interest of corporation controlled by you
Great Wall International Investment Xx Limited	2106 Person having a security interest in shares
Triumph Hope Limited
Chan Chung Shu
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Momentum Financial Holdings Headlines

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