Yuk Wing Group Holdings (HKSE:01536) ROCE % : -17.25% (As of Mar. 2024)

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What is Yuk Wing 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. Yuk Wing Group Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -17.25%.

Yuk Wing Group Holdings ROCE % Historical Data

The historical data trend for Yuk Wing 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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Yuk Wing Group Holdings ROCE % Chart

Yuk Wing Group Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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15.32

-3.27

-0.12

-2.85

-11.60

Yuk Wing Group Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															0.13	-5.94	-6.23	-17.25	8.83

Yuk Wing Group Holdings ROCE % Calculation

Yuk Wing 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 )
	=	-20.139	/	( ( (231.105 - 43.941)	+	(201.736 - 41.719) )	/ 2 )
	=	-20.139	/	( (187.164	+	160.017)	/ 2 )
	=	-20.139	/	173.5905
	=	-11.60 %

Yuk Wing Group Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-28.97	/	( ( (203.942 - 28.099)	+	(201.736 - 41.719) )	/ 2 )
	=	-28.97	/	( ( 175.843	+	160.017 )	/ 2 )
	=	-28.97	/	167.93
	=	-17.25 %

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

Yuk Wing Group Holdings (HKSE:01536) 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.

Yuk Wing Group Holdings ROCE % Related Terms

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Yuk Wing Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuk Wing Group Holdings Ltd (HKSE:01536) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG

Website

http://www.yukwing.com

Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and it also has a presence in Macau, PRC and other Countries.

Executives

Huang Shixin	2101 Beneficial owner
Chan Leung Choi	2101 Beneficial owner
Colour Shine Investments Limited	2101 Beneficial owner
He Xiaoming	2201 Interest of corporation controlled by you

Yuk Wing Group Holdings Headlines

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