AB Builders Group (HKSE:01615) ROCE % : -5.53% (As of Dec. 2023)

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What is AB Builders 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. AB Builders Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.53%.

AB Builders Group ROCE % Historical Data

The historical data trend for AB Builders 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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AB Builders Group ROCE % Chart

AB Builders Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.74

-23.93

-5.09

4.77

-7.89

AB Builders Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial												3.58	-13.01	22.51	-10.28	-5.53

AB Builders Group ROCE % Calculation

AB Builders Group'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 )
	=	-14.96	/	( ( (319.351 - 122.952)	+	(304.481 - 121.687) )	/ 2 )
	=	-14.96	/	( (196.399	+	182.794)	/ 2 )
	=	-14.96	/	189.5965
	=	-7.89 %

AB Builders Group'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 )
	=	-10.224	/	( ( (312.7 - 125.965)	+	(304.481 - 121.687) )	/ 2 )
	=	-10.224	/	( ( 186.735	+	182.794 )	/ 2 )
	=	-10.224	/	184.7645
	=	-5.53 %

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

AB Builders Group (HKSE:01615) 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.

AB Builders Group ROCE % Related Terms

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AB Builders Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC

Website

http://www.abbuildersgroup.com

AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.

Executives

Lao Chio Seng	2201 Interest of corporation controlled by you
Wong Hio Mei	2202 Interest of your spouse
Laos International Holdings Limited	2101 Beneficial owner
Ip Kin Wa	2101 Beneficial owner
Whm Holdings Limited	2101 Beneficial owner

AB Builders Group Headlines

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