Skymission Group Holdings (HKSE:01429) ROCE % : -12.51% (As of Sep. 2024)

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What is Skymission 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. Skymission Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was -12.51%.

Skymission Group Holdings ROCE % Historical Data

The historical data trend for Skymission 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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Skymission Group Holdings ROCE % Chart

Skymission Group Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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33.65

28.32

10.29

9.77

-7.91

Skymission Group Holdings Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial									21.66	-2.07	-1.39	-14.48	-12.51

Skymission Group Holdings ROCE % Calculation

Skymission 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 )
	=	-30.267	/	( ( (490.505 - 95.871)	+	(466.064 - 95.117) )	/ 2 )
	=	-30.267	/	( (394.634	+	370.947)	/ 2 )
	=	-30.267	/	382.7905
	=	-7.91 %

Skymission 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 )
	=	-44.832	/	( ( (466.064 - 95.117)	+	(410.875 - 64.957) )	/ 2 )
	=	-44.832	/	( ( 370.947	+	345.918 )	/ 2 )
	=	-44.832	/	358.4325
	=	-12.51 %

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

Skymission Group Holdings (HKSE:01429) 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.

Skymission Group Holdings ROCE % Related Terms

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Skymission Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skymission Group Holdings Ltd (HKSE:01429) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-109 Castle Peak Road, Flat 3, 7th Floor, Yuen Long Trade Centre, Yuen Long, New Territories, Hong Kong, HKG

Website

https://www.skymission.group

Skymission Group Holdings Ltd is a formwork works subcontractor in Hong Kong. The company's projects are categorized as building construction projects and civil engineering projects. Building construction projects involve the erection of residential buildings, commercial buildings, and/or institutional buildings. Civil engineering projects involve the construction of infrastructure. The company principally operates in one business segment, which is providing formwork works services in Hong Kong.

Executives

Sky Mission Group Limited	2101 Beneficial owner
Leung Yam Cheung	2201 Interest of corporation controlled by you

Skymission Group Holdings Headlines

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