Sundart Holdings (HKSE:01568) ROCE % : 14.32% (As of Dec. 2023)

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What is Sundart 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. Sundart Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 14.32%.

Sundart Holdings ROCE % Historical Data

The historical data trend for Sundart 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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Sundart Holdings ROCE % Chart

Sundart Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.77

17.51

13.95

10.40

11.50

Sundart Holdings 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															7.43	13.78	9.09	14.32	12.49

Sundart Holdings ROCE % Calculation

Sundart Holdings'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 )
	=	385.731	/	( ( (6692.801 - 3433.535)	+	(7248.56 - 3798.411) )	/ 2 )
	=	385.731	/	( (3259.266	+	3450.149)	/ 2 )
	=	385.731	/	3354.7075
	=	11.50 %

Sundart Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	477.304	/	( ( (6271.489 - 3057.477)	+	(7248.56 - 3798.411) )	/ 2 )
	=	477.304	/	( ( 3214.012	+	3450.149 )	/ 2 )
	=	477.304	/	3332.0805
	=	14.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Sundart Holdings (HKSE:01568) 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.

Sundart Holdings ROCE % Related Terms

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Sundart Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sundart Holdings Ltd (HKSE:01568) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Kwun Tong Road, 19th Floor, Millennium City 3, Kowloon, Hong Kong, HKG

Website

http://www.sundart.com

Sundart Holdings Ltd is an interior decorative company in Hong Kong. It specializes in providing interior works for residential properties and hotel projects. The company's reportable segments are Fitting-out works in Hong Kong; Fitting-out works in Macau; Fitting-out works in China; Fitting-out works in Singapore; Alteration, addition, and construction works in Hong Kong; and Manufacturing, sourcing and distribution of interior decorative materials. Geographically, the group has a business presence in Hong Kong, Macau, the PRC and Other countries, of which prime revenue is derived from the PRC.

Executives

Fu Haixia	2202 Interest of your spouse
Liu Zaiwang	2201 Interest of corporation controlled by you
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Jangho Hong Kong Holdings Limited	2201 Interest of corporation controlled by you
Reach Glory International Limited	2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you

Sundart Holdings Headlines

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