Trigiant Group (HKSE:01300) ROCE % : 4.22% (As of Jun. 2024)

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What is Trigiant Group 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. Trigiant Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.22%.

Trigiant Group ROCE % Historical Data

The historical data trend for Trigiant Group'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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Trigiant Group ROCE % Chart

Trigiant Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.88

-2.25

8.52

0.99

0.81

Trigiant Group 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															5.77	-3.78	3.92	-2.35	4.22

Trigiant Group ROCE % Calculation

Trigiant Group'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 )
	=	31.825	/	( ( (6018.858 - 2033.369)	+	(5908.04 - 2031.747) )	/ 2 )
	=	31.825	/	( (3985.489	+	3876.293)	/ 2 )
	=	31.825	/	3930.891
	=	0.81 %

Trigiant Group'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 )
	=	163.188	/	( ( (5908.04 - 2031.747)	+	(5872.28 - 2011.502) )	/ 2 )
	=	163.188	/	( ( 3876.293	+	3860.778 )	/ 2 )
	=	163.188	/	3868.5355
	=	4.22 %

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

Trigiant Group (HKSE:01300) 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.

Trigiant Group ROCE % Related Terms

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Trigiant Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trigiant Group Ltd (HKSE:01300) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Junzhi Road, Industrial Park for Environmental Protection Science & Technology, Jiangsu Province, Yixing City, CHN, 214206

Website

http://www.trigiant.com.hk

Trigiant Group Ltd is an investment holding company. It operates in five segments: Feeder cable series, Optical fiber cable series & related products, Flame-retardant flexible cable series, New-type electronic components, and Others (which include couplers and combiners). All of its revenue comes from Feeder cable series segment.

Executives

Artemis Delight Limited	2201 Interest of corporation controlled by you
Dai Xiaolin	2201 Interest of corporation controlled by you
Easy Beauty Limited	2101 Beneficial owner
Abraholme International Limited
Qian Lirong
Trigiant Investments Limited
Zhong Guo Jin Chu Kou Yin Hang Shen Zhen Fen Hang	2106 Person having a security interest in shares
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Qian Jindi	2202 Interest of your spouse

Trigiant Group Headlines

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