K Cash (HKSE:02483) ROCE % : 7.95% (As of Jun. 2024)

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What is K Cash 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. K Cash's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.95%.

K Cash ROCE % Historical Data

The historical data trend for K Cash'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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K Cash ROCE % Chart

K Cash Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

18.15

14.92

12.05

8.33

6.27

K Cash Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-	9.73	7.21	7.95	4.88

K Cash ROCE % Calculation

K Cash'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 )
	=	68.631	/	( ( (1087.307 - 354.408)	+	(1241.597 - 327.516) )	/ 2 )
	=	68.631	/	( (732.899	+	914.081)	/ 2 )
	=	68.631	/	823.49
	=	8.33 %

K Cash'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 )
	=	75.25	/	( ( (1241.597 - 327.516)	+	(1290.998 - 312.065) )	/ 2 )
	=	75.25	/	( ( 914.081	+	978.933 )	/ 2 )
	=	75.25	/	946.507
	=	7.95 %

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

K Cash (HKSE:02483) 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.

K Cash ROCE % Related Terms

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K Cash Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » K Cash Corp Ltd (HKSE:02483) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG

Website

https://www.kcash.hk

K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.

Executives

East Asia International Trustees Limited	2301 Trustee
Konew Fintech Corporation Limited	2101 Beneficial owner
Konew Group Limited	2201 Interest of corporation controlled by you
Lee Edwin Kan Hing	2201 Interest of corporation controlled by you
Lee Kun Tai Steven	2201 Interest of corporation controlled by you
Lee Pik Tsong	2201 Interest of corporation controlled by you
Lee Sheung Shing	2201 Interest of corporation controlled by you
Sw Lee Limited	2201 Interest of corporation controlled by you
World Wealth Investment Development Limited	2201 Interest of corporation controlled by you

K Cash Headlines

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