Plover Bay Technologies (HKSE:01523) ROCE % : 68.94% (As of Dec. 2024)

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What is Plover Bay Technologies 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. Plover Bay Technologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 68.94%.

Plover Bay Technologies ROCE % Historical Data

The historical data trend for Plover Bay Technologies'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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Plover Bay Technologies ROCE % Chart

Plover Bay Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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42.48

60.05

57.57

62.86

71.66

Plover Bay Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															62.61	62.28	67.57	75.81	68.94

Plover Bay Technologies ROCE % Calculation

Plover Bay Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	354.576	/	( ( (665.981 - 212.755)	+	(855.937 - 319.603) )	/ 2 )
	=	354.576	/	( (453.226	+	536.334)	/ 2 )
	=	354.576	/	494.78
	=	71.66 %

Plover Bay Technologies's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	353.55	/	( ( (742.551 - 253.231)	+	(855.937 - 319.603) )	/ 2 )
	=	353.55	/	( ( 489.32	+	536.334 )	/ 2 )
	=	353.55	/	512.827
	=	68.94 %

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

Plover Bay Technologies (HKSE:01523) 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.

Plover Bay Technologies ROCE % Related Terms

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Plover Bay Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plover Bay Technologies Ltd (HKSE:01523) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PBTDF:USA

Address

93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.ploverbay.com

Plover Bay Technologies Ltd is an investment holding company. The Company and its subsidiaries are principally engaged in the research, design, development, and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The Company's products and services are used by enterprise users, such as multinational companies, as well as industry users. The SD-WAN routers segment mainly offers wired and wireless routers bundled together with embedded software and firmware. The Company mainly operates its business in Hong Kong, Taiwan, the United States of America, Malaysia, Canada, Mexico, the United Kingdom, Singapore, France, as well as Israel, among others.

Executives

Namlong Development Limited	2101 Beneficial owner
Chan Wing Hong Alex	2201 Interest of corporation controlled by you

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