King's Stone Holdings Group (HKSE:01943) ROCE % : -81.81% (As of Sep. 2024)

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What is King's Stone Holdings 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. King's Stone Holdings Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -81.81%.

King's Stone Holdings Group ROCE % Historical Data

The historical data trend for King's Stone Holdings 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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King's Stone Holdings Group ROCE % Chart

King's Stone Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-7.32

6.30

-16.91

5.43

-16.64

King's Stone Holdings Group Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial											-10.93	22.10	-1.76	-31.57	-81.81

King's Stone Holdings Group ROCE % Calculation

King's Stone Holdings Group's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-33.35	/	( ( (307.863 - 91.237)	+	(265.365 - 81.235) )	/ 2 )
	=	-33.35	/	( (216.626	+	184.13)	/ 2 )
	=	-33.35	/	200.378
	=	-16.64 %

King's Stone Holdings Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-125.01	/	( ( (265.365 - 81.235)	+	(176.806 - 55.314) )	/ 2 )
	=	-125.01	/	( ( 184.13	+	121.492 )	/ 2 )
	=	-125.01	/	152.811
	=	-81.81 %

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

King's Stone Holdings Group (HKSE:01943) 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.

King's Stone Holdings Group ROCE % Related Terms

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King's Stone Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » King's Stone Holdings Group Ltd (HKSE:01943) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Queen’s Road Central, Office Floor 29, Queen’s Road Centre, Hong Kong, HKG

Website

http://www.kshgl.com

King's Stone Holdings Group Ltd formerly Silver Tide Holdings Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. The company earns maximum revenue from the Construction service segment. Geographically, the company derives revenue from Hong Kong.

Executives

Chu Chui Ling	2106 Person having a security interest in shares
Ultra Accord Limited	2106 Person having a security interest in shares
Wang Jianfeng	2201 Interest of corporation controlled by you
Central Force Premium Group Limited	2101 Beneficial owner
Regal Loyalty Limited	2201 Interest of corporation controlled by you
Xu Fang	2202 Interest of your spouse
Silver Tide Enterprises Limited	2101 Beneficial owner
Ip Chi Ming	2201 Interest of corporation controlled by you
Wong Fong Choi	2202 Interest of your spouse

King's Stone Holdings Group Headlines

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