Geotech Holdings (HKSE:01707) ROCE % : -9.19% (As of Jun. 2024)

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

What is Geotech 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. Geotech Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -9.19%.

Geotech Holdings ROCE % Historical Data

The historical data trend for Geotech 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.

* Premium members only.

Geotech Holdings ROCE % Chart

Geotech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-5.71

-10.84

-5.82

-15.35

-8.77

Geotech Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial													-17.76	-13.03	-6.78	-10.78	-9.19

Geotech Holdings ROCE % Calculation

Geotech 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 )
	=	-16.314	/	( ( (226.557 - 32.752)	+	(211.474 - 33.062) )	/ 2 )
	=	-16.314	/	( (193.805	+	178.412)	/ 2 )
	=	-16.314	/	186.1085
	=	-8.77 %

Geotech Holdings's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-16	/	( ( (211.474 - 33.062)	+	(192.615 - 22.633) )	/ 2 )
	=	-16	/	( ( 178.412	+	169.982 )	/ 2 )
	=	-16	/	174.197
	=	-9.19 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Geotech Holdings (HKSE:01707) 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.

Geotech Holdings ROCE % Related Terms

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

Geotech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Geotech Holdings Ltd (HKSE:01707) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

223 Hing Fong Road, Unit 706-708, 7th Floor, Tower II, Metroplaza, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.geotech.hk

Geotech Holdings Ltd is an investment holding company. The firm is engaged in the provision of construction and engineering services and property-related services sales of luxury products. It is principally engaged in the slope works in Hong Kong as the main contractor. It mainly operates in three segments; Construction and engineering services; Property-related services; and Sales of luxury products. The group undertakes slope works as the main contractor and undertakes ground investigation field works as a subcontractor. It derives the majority of its revenue from Hong Kong. The Construction and engineering services segment derives key revenue for the firm.

Executives

Chen Zhi	2201 Interest of corporation controlled by you
Star Merit Global Limited	2101 Beneficial owner
Cheung Ting Kam	2201 Interest of corporation controlled by you

Geotech Holdings Headlines

No Headlines