Pangaea Connectivity Technology (HKSE:01473) ROCE % : 28.19% (As of Sep. 2024)

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What is Pangaea Connectivity Technology 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. Pangaea Connectivity Technology's annualized ROCE % for the quarter that ended in Sep. 2024 was 28.19%.

Pangaea Connectivity Technology ROCE % Historical Data

The historical data trend for Pangaea Connectivity Technology'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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Pangaea Connectivity Technology ROCE % Chart

Pangaea Connectivity Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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48.49

40.08

9.22

-2.55

-1.86

Pangaea Connectivity Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial							10.51	-16.09	-1.15	-2.56	28.19

Pangaea Connectivity Technology ROCE % Calculation

Pangaea Connectivity Technology'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 )
	=	-4.383	/	( ( (718.207 - 468.502)	+	(847.879 - 625.046) )	/ 2 )
	=	-4.383	/	( (249.705	+	222.833)	/ 2 )
	=	-4.383	/	236.269
	=	-1.86 %

Pangaea Connectivity Technology'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 )
	=	64.37	/	( ( (847.879 - 625.046)	+	(781.934 - 548.132) )	/ 2 )
	=	64.37	/	( ( 222.833	+	233.802 )	/ 2 )
	=	64.37	/	228.3175
	=	28.19 %

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

Pangaea Connectivity Technology (HKSE:01473) 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.

Pangaea Connectivity Technology ROCE % Related Terms

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Pangaea Connectivity Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pangaea Connectivity Technology Ltd (HKSE:01473) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG

Website

http://www.pangaea.com.hk

Pangaea Connectivity Technology Ltd is involved in the telecom and datacom connectivity industry. It offers connectivity products covering wireless microwave networks, optical networks from access to metro to regional and long haul, and data center and commercial networks for cellular, fixed, personal and private usage. The company is principally engaged in import and export of connectivity products which are used in telecom and datacom connectivity industry for different end applications such as telecom infrastructure, data centres, high performance computing, IoT, and network connectivity products.

Executives

Generous Horizon Limited	2101 Beneficial owner
Fung Yui Kong	2201 Interest of corporation controlled by you
Lam Esther W.	2202 Interest of your spouse
Poon Ka Ho Stanley	2101 Beneficial owner
Generous Team Limited

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