Star Group Asia (HKSE:01560) ROCE % : -18.30% (As of Jun. 2024)

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What is Star Group Asia 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. Star Group Asia's annualized ROCE % for the quarter that ended in Jun. 2024 was -18.30%.

Star Group Asia ROCE % Historical Data

The historical data trend for Star Group Asia'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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Star Group Asia ROCE % Chart

Star Group Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.62

25.46

-0.78

17.20

-11.88

Star Group Asia Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															5.12	27.08	-2.38	-21.38	-18.30

Star Group Asia ROCE % Calculation

Star Group Asia's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-207.18	/	( ( (5108.108 - 3215.859)	+	(4022.204 - 2426.35) )	/ 2 )
	=	-207.18	/	( (1892.249	+	1595.854)	/ 2 )
	=	-207.18	/	1744.0515
	=	-11.88 %

Star Group Asia's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-267.618	/	( ( (4022.204 - 2426.35)	+	(3395.361 - 2066.971) )	/ 2 )
	=	-267.618	/	( ( 1595.854	+	1328.39 )	/ 2 )
	=	-267.618	/	1462.122
	=	-18.30 %

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

Star Group Asia (HKSE:01560) 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.

Star Group Asia ROCE % Related Terms

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Star Group Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Star Group Asia Ltd (HKSE:01560) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Tower 1, Unit 603, 6 Floor, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

http://www.stargroupasia.com

Star Group Asia Ltd formerly Star Group Co Ltd is mainly focused on property development and investment, operating through segments including commercial and residential property development, property leasing (including serviced apartments and co-working spaces), wine sales, and cellar leasing, financing services, property management, construction and fitting out services, and media production services covering marketing, consultancy, film/advertisement production, concert organization, and artist management.

Executives

Lam Kin Kok
Chan Man Fai Joe	2101 Beneficial owner
Metropolitan Lifestyle (bvi) Limited	2101 Beneficial owner
Eagle Trend (bvi) Limited	2101 Beneficial owner

Star Group Asia Headlines

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