Guan Chao Holdings (HKSE:01872) ROCE % : 4.49% (As of Jun. 2024)

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What is Guan Chao 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. Guan Chao Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 4.49%.

Guan Chao Holdings ROCE % Historical Data

The historical data trend for Guan Chao 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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Guan Chao Holdings ROCE % Chart

Guan Chao Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.09

8.36

17.39

9.20

11.38

Guan Chao Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										8.54	9.82	16.52	5.31	4.49

Guan Chao Holdings ROCE % Calculation

Guan Chao 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 )
	=	72.945	/	( ( (903.977 - 346.127)	+	(902.509 - 178.686) )	/ 2 )
	=	72.945	/	( (557.85	+	723.823)	/ 2 )
	=	72.945	/	640.8365
	=	11.38 %

Guan Chao 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 )
	=	31.756	/	( ( (902.509 - 178.686)	+	(884.523 - 192.56) )	/ 2 )
	=	31.756	/	( ( 723.823	+	691.963 )	/ 2 )
	=	31.756	/	707.893
	=	4.49 %

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

Guan Chao Holdings (HKSE:01872) 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.

Guan Chao Holdings ROCE % Related Terms

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Guan Chao Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guan Chao Holdings Ltd (HKSE:01872) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Leng Kee Road, No. 01-02, Leng Kee Autopoint, Singapore, SGP, 159096

Website

https://www.guanchaoholdingsltd.com

Guan Chao Holdings Ltd is a multi-brand car dealership and importer of new and pre-owned cars in Singapore. The company is engaged in the sale of new parallel-import motor vehicles and pre-owned motor vehicles, the provision of motor vehicle financing services and motor vehicle insurance agency services, the sale of motor vehicle spare parts and accessories, and the provision of motor vehicle leasing services. Its segment comprises Sales of motor vehicles and provision of related services; Rental income from operating lease of motor vehicles; and Sales of spare parts and accessories.

Executives

Liu Zhiwei	2201 Interest of corporation controlled by you
Trenda Group Holdings Limited	2101 Beneficial owner
Chunda International Capital Management Co., Limited	2201 Interest of corporation controlled by you
Beng Lee Ser Marisa
Tan Shuay Tarng Vincent	2101 Beneficial owner
Gatehouse Ventures Limited	2101 Beneficial owner
Tan Jun Wei Ethan	2101 Beneficial owner
Show Achieve Limited	2101 Beneficial owner
Wu Bin	2201 Interest of corporation controlled by you
Ang De Yu	2101 Beneficial owner

Guan Chao Holdings Headlines

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