Solis Holdings (HKSE:02227) ROCE % : -1.19% (As of Jun. 2024)

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What is Solis 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. Solis Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.19%.

Solis Holdings ROCE % Historical Data

The historical data trend for Solis 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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Solis Holdings ROCE % Chart

Solis Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-14.68

-6.77

-7.85

-1.65

0.43

Solis Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial													-2.02	-1.39	-3.49	4.32	-1.19

Solis Holdings ROCE % Calculation

Solis 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 )
	=	1.348	/	( ( (399.815 - 87.685)	+	(410.986 - 88.862) )	/ 2 )
	=	1.348	/	( (312.13	+	322.124)	/ 2 )
	=	1.348	/	317.127
	=	0.43 %

Solis 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 )
	=	-3.802	/	( ( (410.986 - 88.862)	+	(371.109 - 55.514) )	/ 2 )
	=	-3.802	/	( ( 322.124	+	315.595 )	/ 2 )
	=	-3.802	/	318.8595
	=	-1.19 %

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

Solis Holdings (HKSE:02227) 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.

Solis Holdings ROCE % Related Terms

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Solis Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Solis Holdings Ltd (HKSE:02227) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Tagore Lane, Singapore, SGP, 787527

Website

http://www.thesolisgrp.com

Solis Holdings Ltd is an investment holding company. The company specializes in electrical engineering, and its projects include new building developments, and major additions and alterations (A&A) works, which include private residential, mixed residential & commercial developments, and institutional buildings. It also operates as a subcontractor for the installation works of air-conditioning and mechanical ventilation systems, and fire protection systems. All of its revenues are derived from Singapore.

Executives

Lim Sim Swee	2202 Interest of your spouse
Tay Yong Hua	2201 Interest of corporation controlled by you
Hmk Investment Holdings Limited	2101 Beneficial owner
Tay Yong Meng	2201 Interest of corporation controlled by you
Teo (zhang) Kenneth Swee Cheng (kenneth Ruiqing)	2201 Interest of corporation controlled by you
Zheng Mingqiang	2101 Beneficial owner

Solis Holdings Headlines

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