Grandshores Technology Group (HKSE:01647) ROCE % : -4.85% (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Grandshores Technology 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. Grandshores Technology Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -4.85%.

Grandshores Technology Group ROCE % Historical Data

The historical data trend for Grandshores Technology 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.

* Premium members only.

Grandshores Technology Group ROCE % Chart

Grandshores Technology Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

11.81

1.09

15.75

-0.72

-10.61

Grandshores Technology Group 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														2.13	-3.59	-6.84	-14.24	-4.85

Grandshores Technology Group ROCE % Calculation

Grandshores Technology Group'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 )
	=	-37.543	/	( ( (420.278 - 53.53)	+	(401.27 - 60.594) )	/ 2 )
	=	-37.543	/	( (366.748	+	340.676)	/ 2 )
	=	-37.543	/	353.712
	=	-10.61 %

Grandshores Technology Group'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 )
	=	-16.05	/	( ( (401.27 - 60.594)	+	(375.225 - 54.622) )	/ 2 )
	=	-16.05	/	( ( 340.676	+	320.603 )	/ 2 )
	=	-16.05	/	330.6395
	=	-4.85 %

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

Grandshores Technology Group (HKSE:01647) 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.

Grandshores Technology Group ROCE % Related Terms

Thank you for viewing the detailed overview of Grandshores Technology Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grandshores Technology Group (HKSE:01647) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grandshores Technology Group Ltd (HKSE:01647) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG

Website

http://www.grandshorestech.com

Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems and including minor repairs and improvement works, and undertaking building and construction works in Singapore. The operating segments of the group are Integrated Building Services; Building Construction Works and Industrial Hemp, of which the major revenue source is from the Integrated Building Services segment. It has a business presence in Singapore and China.

Executives

Great Scenery Ventures Limited	2201 Interest of corporation controlled by you
Yao Yongjie	2101 Beneficial owner
Yao Zeqian	2101 Beneficial owner
Emperor Grand International Limited
Morgan Hill Holdings Limited
Zhu Guangping
Liu Zihao	2101 Beneficial owner
Lion Group Holding Ltd.	2101 Beneficial owner
Wang Jian	2101 Beneficial owner
Leung Shek Kong
Timeness Vision Limited	2201 Interest of corporation controlled by you

Grandshores Technology Group (HKSE:01647) Headlines

No Headlines