Tycoon Group Holdings (HKSE:03390) ROCE % : 12.43% (As of Jun. 2024)

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What is Tycoon Group 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. Tycoon Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 12.43%.

Tycoon Group Holdings ROCE % Historical Data

The historical data trend for Tycoon Group 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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Tycoon Group Holdings ROCE % Chart

Tycoon Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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59.54

-29.94

-3.98

21.89

79.96

Tycoon Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								24.28	19.35	62.18	97.32	12.43

Tycoon Group Holdings ROCE % Calculation

Tycoon Group 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 )
	=	341.112	/	( ( (1012.117 - 714.777)	+	(988.951 - 433.115) )	/ 2 )
	=	341.112	/	( (297.34	+	555.836)	/ 2 )
	=	341.112	/	426.588
	=	79.96 %

Tycoon Group 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 )
	=	68.992	/	( ( (988.951 - 433.115)	+	(1012.526 - 458.625) )	/ 2 )
	=	68.992	/	( ( 555.836	+	553.901 )	/ 2 )
	=	68.992	/	554.8685
	=	12.43 %

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

Tycoon Group Holdings (HKSE:03390) 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.

Tycoon Group Holdings ROCE % Related Terms

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Tycoon Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tycoon Group Holdings Ltd (HKSE:03390) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 - 40 Au Pui Wan Street, Room 14, 8th Floor Wah Wai Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.tycoongroup.com.hk

Tycoon Group Holdings Ltd provides a variety of PCM, health supplements, skin care, personal care, and other healthcare products, predominantly selling and distributing such products in Hong Kong. The company operates in three segments, namely the Distribution segment which includes the operation of distributing products to chain retailers, non-chain retailers and traders; the E-Commerce segment which includes the operation of online stores and distribution to e-commerce customers; and the Retail Stores segment which includes the operation of retail stores. It generates maximum revenue from Distribution segment.

Executives

Wong Ka Chun Michael
Ngai Sze Kei
Tycoon Empire Investment Limited
Jacobson Group Treasury Limited	2101 Beneficial owner
Sum Kwong Yip, Derek	2307 Founder of a discretionary trust who can infl
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Tycoon Group Holdings Headlines

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