Leadway Technology Investment Group (HKSE:02086) ROCE % : 7.32% (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Leadway Technology Investment 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. Leadway Technology Investment Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.32%.

Leadway Technology Investment Group ROCE % Historical Data

The historical data trend for Leadway Technology Investment 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.

* Premium members only.

Leadway Technology Investment Group ROCE % Chart

Leadway Technology Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

1.91

-17.06

-20.36

1.67

-26.76

Leadway Technology Investment Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															0.61	2.78	-10.91	-43.20	7.32

Leadway Technology Investment Group ROCE % Calculation

Leadway Technology Investment 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 )
	=	-18.919	/	( ( (101.79 - 22.899)	+	(77.617 - 15.136) )	/ 2 )
	=	-18.919	/	( (78.891	+	62.481)	/ 2 )
	=	-18.919	/	70.686
	=	-26.76 %

Leadway Technology Investment 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 )
	=	4.568	/	( ( (77.617 - 15.136)	+	(79.275 - 16.918) )	/ 2 )
	=	4.568	/	( ( 62.481	+	62.357 )	/ 2 )
	=	4.568	/	62.419
	=	7.32 %

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

Leadway Technology Investment Group (HKSE:02086) 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.

Leadway Technology Investment Group ROCE % Related Terms

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

Leadway Technology Investment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leadway Technology Investment Group Ltd (HKSE:02086) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG

Website

https://www.leadwayinv.com

Leadway Technology Investment Group Ltd is smart card reader supplier and is into the research and development of smart card operating systems and readers. The company is engaged in the financial technology and smart living business, which is for the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. Geographically, the company operates in Europe, Asia Pacific, The Americas and Middle East and Africa. It derives maximum revenue from Europe.

Executives

Zhang Xueqin	2201 Interest of corporation controlled by you
Mai Zhaoping	2201 Interest of corporation controlled by you
Mars Enterprise Holdings Limited	2201 Interest of corporation controlled by you
Megacore Development Limited	2101 Beneficial owner
Megacore International Innovation Limited	2201 Interest of corporation controlled by you
Zhong Zhao Investment Holdings Limited	2201 Interest of corporation controlled by you
Mars Development Limited	2101 Beneficial owner
Qiu Yong	2201 Interest of corporation controlled by you
Sun Speed Holdings Limited	2201 Interest of corporation controlled by you
Premium Financial Limited	2106 Person having a security interest in shares
Hna Ecotech Pioneer Acquisition	2101 Beneficial owner
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Nan Jiao Guan Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Hai Hang Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Sheng Tang Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you

Leadway Technology Investment Group Headlines

No Headlines