Acme International Holdings (HKSE:01870) ROCE % : 11.53% (As of Jun. 2024)

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What is Acme International 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. Acme International Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.53%.

Acme International Holdings ROCE % Historical Data

The historical data trend for Acme International 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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Acme International Holdings ROCE % Chart

Acme International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.66

-13.77

10.31

14.15

19.01

Acme International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									10.01	23.27	24.24	21.08	11.53

Acme International Holdings ROCE % Calculation

Acme International 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 )
	=	27.191	/	( ( (160.749 - 38.543)	+	(205.916 - 41.991) )	/ 2 )
	=	27.191	/	( (122.206	+	163.925)	/ 2 )
	=	27.191	/	143.0655
	=	19.01 %

Acme International 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 )
	=	15.93	/	( ( (205.916 - 41.991)	+	(209.169 - 96.771) )	/ 2 )
	=	15.93	/	( ( 163.925	+	112.398 )	/ 2 )
	=	15.93	/	138.1615
	=	11.53 %

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

Acme International Holdings (HKSE:01870) 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.

Acme International Holdings ROCE % Related Terms

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Acme International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acme International Holdings Ltd (HKSE:01870) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 3007-3008, 30 Floor, West Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG

Website

https://www.acmehld.com

Acme International Holdings Ltd is engaged in providing one-stop design and build solutions for BMU systems works, and development, design, production, and sales of new energy generation and energy storage systems, and provision of services for sales of electricity. The group has two reportable segments BMU Systems Business which is engaged in the provision of design and build solutions for BMU systems; and Green New Energy Business which is engaged in the development, design, production, and sale of new energy generation and energy storage system and provision of services for sales of electricity. It generates the majority of its revenue from the BMU Systems Business segment.

Executives

Timeness Vision Limited	2201 Interest of corporation controlled by you
Teng Rongsong	2201 Interest of corporation controlled by you
Rr (bvi) Limited	2101 Beneficial owner
Kwan Kam Tim	2201 Interest of corporation controlled by you
Ma Lai Ling	2202 Interest of your spouse
Zhao Yuzhu	2101 Beneficial owner
Liao Shigang	2202 Interest of your spouse
Treasure Ship Holding Limited	2101 Beneficial owner
Lin Zhang	2201 Interest of corporation controlled by you

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