Shun Wo Group Holdings (HKSE:01591) ROCE % : 54.59% (As of Sep. 2023)

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What is Shun Wo 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. Shun Wo Group Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 54.59%.

Shun Wo Group Holdings ROCE % Historical Data

The historical data trend for Shun Wo 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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Shun Wo Group Holdings ROCE % Chart

Shun Wo Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-17.65

-24.60

2.61

-5.61

3.78

Shun Wo Group Holdings Semi-Annual Data
	Mar14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial														2.22	-13.42	5.62	1.85	54.59

Shun Wo Group Holdings ROCE % Calculation

Shun Wo Group Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	3.655	/	( ( (142.188 - 54.872)	+	(169.457 - 63.209) )	/ 2 )
	=	3.655	/	( (87.316	+	106.248)	/ 2 )
	=	3.655	/	96.782
	=	3.78 %

Shun Wo Group Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	66.984	/	( ( (169.457 - 63.209)	+	(216.228 - 77.05) )	/ 2 )
	=	66.984	/	( ( 106.248	+	139.178 )	/ 2 )
	=	66.984	/	122.713
	=	54.59 %

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

Shun Wo Group Holdings (HKSE:01591) 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.

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Shun Wo Group Holdings (HKSE:01591) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shun Wo Group Holdings Ltd (HKSE:01591) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Shaukeiwan Road, Flat A, 7th Floor, Sai Wan Ho Plaza, Hong Kong, HKG

Website

http://www.swgrph.com

Shun Wo Group Holdings Ltd operates as a foundation works contractor in Hong Kong. It undertakes excavation and lateral support works, socketed H-piling and mini-piling works, and pile caps construction works. Its services are mainly required in the construction of residential, industrial, and commercial buildings. The group engages its business in Hong Kong. It derives revenue from Main contracting and Sub-contracting sources, of which key revenue is generated from Main contracting services.

Executives

Kingkey Investment Fund Spc - Kingkey Global Equity I Fund Sp

2101 Beneficial owner

Shun Wo Group Holdings (HKSE:01591) Headlines

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