Edvance International Holdings (HKSE:01410) ROCE % : -1.83% (As of Sep. 2023)

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What is Edvance International 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. Edvance International Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -1.83%.

Edvance International Holdings ROCE % Historical Data

The historical data trend for Edvance International 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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Edvance International Holdings ROCE % Chart

Edvance International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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20.65

17.95

22.04

10.00

-7.06

Edvance International Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial													72.54	-47.69	-9.60	-5.15	-1.83

Edvance International Holdings ROCE % Calculation

Edvance International Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-21.154	/	( ( (648.73 - 349.308)	+	(648.73 - 349.308) )	/ 2 )
	=	-21.154	/	( (299.422	+	299.422)	/ 2 )
	=	-21.154	/	299.422
	=	-7.06 %

Edvance International Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-5.8	/	( ( (648.73 - 349.308)	+	(715.111 - 381.17) )	/ 2 )
	=	-5.8	/	( ( 299.422	+	333.941 )	/ 2 )
	=	-5.8	/	316.6815
	=	-1.83 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Edvance International Holdings (HKSE:01410) 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.

Edvance International Holdings ROCE % Related Terms

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Edvance International Holdings (HKSE:01410) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edvance International Holdings Ltd (HKSE:01410) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 How Ming Street, 25th Floor, Tower 1, The Millennity, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.edvanceintl.com

Edvance International Holdings Ltd is an investment holding company. The company is engaged in the provision of information technology security products and services. Its Cybersecurity products segment includes network security products, system security products and application and data security products. The cybersecurity services segment is engaged in the provision of technical implementation, maintenance, and support services. Digital assets Financial services and investment business refers to the provision of financial services to customers, venture investment and securities trading by the Group. It generates maximum revenue from the Cybersecurity security products segment. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Liu Yui Ting Raymond	2101 Beneficial owner
Success Vision International Group Limited	2101 Beneficial owner
Earning Gear Inc.	2101 Beneficial owner
Mind Bright Limited	2101 Beneficial owner
Cheng Chui Ying	2202 Interest of your spouse
Lin Fai	2202 Interest of your spouse
Lo Wai Ho Ashley	2201 Interest of corporation controlled by you
Tang Sing Hing Kenny	2201 Interest of corporation controlled by you
Yip Lai Ching	2202 Interest of your spouse
Cheung Mo Chi	2202 Interest of your spouse
Von John	2201 Interest of corporation controlled by you

Edvance International Holdings (HKSE:01410) Headlines

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