GC Construction Holdings (HKSE:01489) ROCE % : -4.39% (As of Sep. 2024)

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What is GC Construction 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. GC Construction Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.39%.

GC Construction Holdings ROCE % Historical Data

The historical data trend for GC Construction 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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GC Construction Holdings ROCE % Chart

GC Construction Holdings Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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60.14

60.75

30.60

25.45

7.22

GC Construction Holdings Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial					50.36	13.76	12.59	1.86	-4.39

GC Construction Holdings ROCE % Calculation

GC Construction 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 )
	=	22.874	/	( ( (358.327 - 51.257)	+	(384.588 - 58.083) )	/ 2 )
	=	22.874	/	( (307.07	+	326.505)	/ 2 )
	=	22.874	/	316.7875
	=	7.22 %

GC Construction 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 )
	=	-14.184	/	( ( (384.588 - 58.083)	+	(368.638 - 49.624) )	/ 2 )
	=	-14.184	/	( ( 326.505	+	319.014 )	/ 2 )
	=	-14.184	/	322.7595
	=	-4.39 %

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

GC Construction Holdings (HKSE:01489) 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.

GC Construction Holdings ROCE % Related Terms

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GC Construction Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GC Construction Holdings Ltd (HKSE:01489) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

833 Cheung Sha Wan Road, Unit 909, 9th Floor, Tower 1, Cheung Sha Wan Plaza, Kowloon, Hong Kong, HKG

Website

https://www.chankiu.hk

GC Construction Holdings Ltd is a wet trades contractor in Hong Kong. The wet trades works performed by the Group mainly included plastering, tile laying, bricklaying, floor screening, and marble works in both public sector projects and private sector projects in Hong Kong. Private sector projects mainly involved private residential developments and commercial developments, and Public sector projects mainly involved public residential developments as well as infrastructure and public facilities developments. It generates the majority of its revenue from Hong Kong.

Executives

Evolve Billion Limited	2101 Beneficial owner
Chan Kiu Sum	2201 Interest of corporation controlled by you
Chan Pong Hing	2202 Interest of your spouse
Chan Wing Ping	2201 Interest of corporation controlled by you
Tsang Chiu Ching	2202 Interest of your spouse

GC Construction Holdings Headlines

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