Sheen Tai Holdings Group Co (HKSE:01335) ROCE % : 1.08% (As of Jun. 2024)

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What is Sheen Tai Holdings Group Co 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. Sheen Tai Holdings Group Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 1.08%.

Sheen Tai Holdings Group Co ROCE % Historical Data

The historical data trend for Sheen Tai Holdings Group Co'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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Sheen Tai Holdings Group Co ROCE % Chart

Sheen Tai Holdings Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.26

1.86

-0.61

1.57

-1.10

Sheen Tai Holdings Group Co 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															0.92	2.25	2.25	-4.61	1.08

Sheen Tai Holdings Group Co ROCE % Calculation

Sheen Tai Holdings Group Co'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 )
	=	-8.512	/	( ( (828.252 - 26.835)	+	(769.693 - 25.7) )	/ 2 )
	=	-8.512	/	( (801.417	+	743.993)	/ 2 )
	=	-8.512	/	772.705
	=	-1.10 %

Sheen Tai Holdings Group Co'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 )
	=	7.968	/	( ( (769.693 - 25.7)	+	(752.63 - 22.6) )	/ 2 )
	=	7.968	/	( ( 743.993	+	730.03 )	/ 2 )
	=	7.968	/	737.0115
	=	1.08 %

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

Sheen Tai Holdings Group Co (HKSE:01335) 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.

Sheen Tai Holdings Group Co ROCE % Related Terms

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Sheen Tai Holdings Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sheen Tai Holdings Group Co Ltd (HKSE:01335) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 18 Fenwick Street, Unit 1903, 19th Floor, Jubilee Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sheentai.com

Sheen Tai Holdings Group Co Ltd is an investment holding company. The company operates through four segments namely Sales of sub-processing cigarette films segment engages in trading of sub-processing cigarette films; the Properties development and related services segment engages in the development and sales of properties and providing property management services; the Generation of photovoltaic power segment engages in generating and sales of electricity; and Sales of semi-conductors engages in trading of semi-conductors. The company derives a majority of its revenue from the sales of the semiconductor segment. The company generates maximum revenue from Hong Kong.

Executives

Bai Chaoshun	2201 Interest of corporation controlled by you
Sheen Tai Group Holding Limited	2101 Beneficial owner
Guo Yumin	2201 Interest of corporation controlled by you
Xia Yu	2202 Interest of your spouse
Dai Jizhou	2201 Interest of corporation controlled by you
Feng Yi Capital Limited	2201 Interest of corporation controlled by you
Polly Power Group Limited	2101 Beneficial owner

Sheen Tai Holdings Group Co Headlines

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