AustAsia Group (HKSE:02425) ROCE % : -12.85% (As of Jun. 2024)

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What is AustAsia 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. AustAsia Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -12.85%.

AustAsia Group ROCE % Historical Data

The historical data trend for AustAsia 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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AustAsia Group ROCE % Chart

AustAsia Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

11.88

14.66

13.10

4.76

-2.46

AustAsia Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial				7.65	2.39	-4.25	-0.57	-12.85

AustAsia Group ROCE % Calculation

AustAsia 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 )
	=	-219.853	/	( ( (11993.947 - 2778.769)	+	(12225.565 - 3557.679) )	/ 2 )
	=	-219.853	/	( (9215.178	+	8667.886)	/ 2 )
	=	-219.853	/	8941.532
	=	-2.46 %

AustAsia 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 )
	=	-1042.968	/	( ( (12225.565 - 3557.679)	+	(10884.588 - 3320.901) )	/ 2 )
	=	-1042.968	/	( ( 8667.886	+	7563.687 )	/ 2 )
	=	-1042.968	/	8115.7865
	=	-12.85 %

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

AustAsia Group (HKSE:02425) 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.

AustAsia Group ROCE % Related Terms

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AustAsia Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AustAsia Group Ltd (HKSE:02425) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Orchard Road, No. 15-08, Orchard Towers, Singapore, SGP, 238875

Website

https://www.austasiadairy.com

AustAsia Group Ltd is an investment holding company. Along with its subsidiaries, it is mainly engaged in the production and sales of raw milk, beef cattle, and feed products, and distribution and sales of milk products in the People's Republic of China. The company's reportable operating segments are; the raw milk business for the production and sales of raw milk; the beef cattle business for raising and sales of beef cattle; and the ancillary business for sales of milk products, feed products, and others. Maximum revenue for the company is generated from its Raw milk segment. Geographically, the company derives its revenue from Mainland China.

Executives

Santosa Gabriella	2501 Other
Fusion Investment Holdings Limited	2201 Interest of corporation controlled by you
Rangi Management Limited	2501 Other
Meiji (china) Inevestment Company, Limited.	2101 Beneficial owner
Santosa Renaldo	2501 Other
Kolonas Rachel Anastasia	2307 Founder of a discretionary trust who can infl
Morze International Limited	2101 Beneficial owner
Hall Martin John	2201 Interest of corporation controlled by you
Highvern Trustees Limited	2501 Other
Mnm Holdings Limited	2201 Interest of corporation controlled by you
Rive Naomi Julia	2201 Interest of corporation controlled by you

AustAsia Group Headlines

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