Thelloy Development Group (HKSE:01546) ROCE % : -13.13% (As of Sep. 2024)

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What is Thelloy Development Group 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. Thelloy Development Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -13.13%.

Thelloy Development Group ROCE % Historical Data

The historical data trend for Thelloy Development Group'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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Thelloy Development Group ROCE % Chart

Thelloy Development Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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12.28

19.17

3.46

10.93

7.92

Thelloy Development Group Semi-Annual Data
	Mar15	Sep15	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															5.08	16.84	3.78	12.19	-13.13

Thelloy Development Group ROCE % Calculation

Thelloy Development Group'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 )
	=	13.301	/	( ( (341.267 - 177.324)	+	(352.852 - 180.765) )	/ 2 )
	=	13.301	/	( (163.943	+	172.087)	/ 2 )
	=	13.301	/	168.015
	=	7.92 %

Thelloy Development Group'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 )
	=	-21.682	/	( ( (352.852 - 180.765)	+	(382.832 - 224.661) )	/ 2 )
	=	-21.682	/	( ( 172.087	+	158.171 )	/ 2 )
	=	-21.682	/	165.129
	=	-13.13 %

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

Thelloy Development Group (HKSE:01546) 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.

Thelloy Development Group ROCE % Related Terms

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Thelloy Development Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thelloy Development Group Ltd (HKSE:01546) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.thelloy.com

Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.

Executives

Cheers Mate Holding Limited	2101 Beneficial owner
Cheng Pui Wah Theresa	2202 Interest of your spouse
Lam Kin Wing Eddie	2201 Interest of corporation controlled by you

Thelloy Development Group Headlines

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