Wonderful Sky Financial Group Holdings (HKSE:01260) ROCE % : 4.23% (As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Wonderful Sky Financial Group 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. Wonderful Sky Financial Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.23%.

Wonderful Sky Financial Group Holdings ROCE % Historical Data

The historical data trend for Wonderful Sky Financial Group 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.

Wonderful Sky Financial Group Holdings ROCE % Chart

Wonderful Sky Financial Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

6.99

8.81

-8.23

2.24

-4.14

Wonderful Sky Financial Group 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															4.29	0.32	0.46	-8.75	4.23

Wonderful Sky Financial Group Holdings ROCE % Calculation

Wonderful Sky Financial Group 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 )
	=	-60.699	/	( ( (1612.127 - 137.1)	+	(1577.881 - 120.636) )	/ 2 )
	=	-60.699	/	( (1475.027	+	1457.245)	/ 2 )
	=	-60.699	/	1466.136
	=	-4.14 %

Wonderful Sky Financial Group 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 )
	=	62.096	/	( ( (1577.881 - 120.636)	+	(1598.154 - 120.851) )	/ 2 )
	=	62.096	/	( ( 1457.245	+	1477.303 )	/ 2 )
	=	62.096	/	1467.274
	=	4.23 %

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

Wonderful Sky Financial Group Holdings (HKSE:01260) 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.

Wonderful Sky Financial Group Holdings ROCE % Related Terms

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

Wonderful Sky Financial Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wonderful Sky Financial Group Holdings Ltd (HKSE:01260) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 99 Queen’s Road Central, 9th Floor, The Center, Hong Kong, HKG

Website

https://www.wsfg.hk

Wonderful Sky Financial Group Holdings Ltd is in investment holding, securities investment. The company's operating segment includes the Provision of financial public relations services and the Organisation and coordination of international roadshows. It generates maximum revenue from the Provision of financial public relations services segment which includes public relations services; investor relations services; financial printing services and capital markets branding. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the People's Republic of China and Singapore.

Executives

Sapphire Star Group Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Liu Tianni	2307 Founder of a discretionary trust who can infl
Luk Ching Sanna	2307 Founder of a discretionary trust who can infl
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner

Wonderful Sky Financial Group Holdings Headlines

No Headlines