Accel Group Holdings (HKSE:01283) ROCE % : 9.28% (As of Sep. 2024)

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What is Accel 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. Accel Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.28%.

Accel Group Holdings ROCE % Historical Data

The historical data trend for Accel 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.

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Accel Group Holdings ROCE % Chart

Accel Group Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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42.77

26.24

22.58

17.20

12.14

Accel Group Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial										18.91	15.50	9.64	14.82	9.28

Accel Group Holdings ROCE % Calculation

Accel 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 )
	=	50.522	/	( ( (552.001 - 146.312)	+	(526.174 - 99.229) )	/ 2 )
	=	50.522	/	( (405.689	+	426.945)	/ 2 )
	=	50.522	/	416.317
	=	12.14 %

Accel 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 )
	=	39.822	/	( ( (526.174 - 99.229)	+	(569.739 - 138.252) )	/ 2 )
	=	39.822	/	( ( 426.945	+	431.487 )	/ 2 )
	=	39.822	/	429.216
	=	9.28 %

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

Accel Group Holdings (HKSE:01283) 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.

Accel Group Holdings ROCE % Related Terms

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Accel Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Accel Group Holdings Ltd (HKSE:01283) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit A, 19/F TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.chittathk.com

Accel Group Holdings Ltd is an electrical and mechanical (E&M) engineering services provider. The company's main business is to install E&M facilities for various developers, including the installation of an air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. Geographically it derives revenue from Hong Kong.

Executives

Lightspeed Limited	2101 Beneficial owner
Cheung Mei Lan	2202 Interest of your spouse
Ko Lai Hung	2101 Beneficial owner

Accel Group Holdings Headlines

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