Shuang Yun Holdings (HKSE:01706) ROCE % : 2.80% (As of Dec. 2022)

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What is Shuang Yun 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. Shuang Yun Holdings's annualized ROCE % for the quarter that ended in Dec. 2022 was 2.80%.

Shuang Yun Holdings ROCE % Historical Data

The historical data trend for Shuang Yun 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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Shuang Yun Holdings ROCE % Chart

Shuang Yun Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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10.11

14.23

4.40

6.89

5.98

Shuang Yun Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %	Get a 7-Day Free Trial										3.00	7.83	6.00	8.77	2.80

Shuang Yun Holdings ROCE % Calculation

Shuang Yun Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	23.838	/	( ( (842.302 - 472.402)	+	(879.662 - 452.824) )	/ 2 )
	=	23.838	/	( (369.9	+	426.838)	/ 2 )
	=	23.838	/	398.369
	=	5.98 %

Shuang Yun Holdings's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	12.014	/	( ( (857.508 - 427.013)	+	(879.662 - 452.824) )	/ 2 )
	=	12.014	/	( ( 430.495	+	426.838 )	/ 2 )
	=	12.014	/	428.6665
	=	2.80 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Shuang Yun Holdings (HKSE:01706) 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.

Shuang Yun Holdings ROCE % Related Terms

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Shuang Yun Holdings (HKSE:01706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shuang Yun Holdings Ltd (HKSE:01706) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 4 Sungei Kadut Street 2, Sungei Kadut Industrial Estate, Singapore, SGP, 729226

Website

https://www.shuangyunholdings.com

Shuang Yun Holdings Ltd is an investment holding company. It is engaged in the provision of road construction services, construction ancillary services, and the lease of construction machinery. The group is principally operating in Singapore. The company's roadworks services comprise road construction services such as new road construction, road widening and construction of road-related facilities, and developmental ancillary services including road pavement and marking maintenance works and road upgrading services. Its construction machinery rental services represent the lease of construction machinery to its customers.

Shuang Yun Holdings (HKSE:01706) Headlines

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