USpace Technology Group (HKSE:01725) ROCE % : -37.34% (As of Jun. 2024)

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What is USpace 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. USpace Technology Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -37.34%.

USpace Technology Group ROCE % Historical Data

The historical data trend for USpace 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.

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USpace Technology Group ROCE % Chart

USpace Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.47

8.21

-11.84

-24.35

-39.98

USpace Technology Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial												-13.84	-27.75	-29.44	-64.79	-37.34

USpace Technology Group ROCE % Calculation

USpace Technology 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 )
	=	-226.501	/	( ( (1370.601 - 695.259)	+	(1263.187 - 805.48) )	/ 2 )
	=	-226.501	/	( (675.342	+	457.707)	/ 2 )
	=	-226.501	/	566.5245
	=	-39.98 %

USpace Technology Group'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 )
	=	-163.77	/	( ( (1263.187 - 805.48)	+	(1202.867 - 783.462) )	/ 2 )
	=	-163.77	/	( ( 457.707	+	419.405 )	/ 2 )
	=	-163.77	/	438.556
	=	-37.34 %

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

USpace Technology Group (HKSE:01725) 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.

USpace Technology Group ROCE % Related Terms

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USpace Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » USpace Technology Group Ltd (HKSE:01725) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Chun Cheong Street, 15th Floor, Data Technology Center, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hkatg.com

USpace Technology Group Ltd formerly Hong Kong Aerospace Technology Group Ltd is a commercial aerospace company. Its core business is satellite precision manufacturing, control, and aerospace data services to support regional aerospace commercialization needs. The Group has three reportable operating segments they are EMS business - Smart home devices EMS business-Banking and finance and other devices along with Aerospace business.

Executives

Sun Fengquan	2201 Interest of corporation controlled by you
Macquarie Group Limited	2201 Interest of corporation controlled by you
Li Xiaofei	2101 Beneficial owner
Hong Kong Aerospace Technology Holdings Limited	2101 Beneficial owner
Vision International Group Limited	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Konew Group Limited	2201 Interest of corporation controlled by you

USpace Technology Group Headlines

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