Huabang Technology Holdings (HKSE:03638) ROCE % : -38.35% (As of Sep. 2023)

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What is Huabang Technology 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. Huabang Technology Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -38.35%.

Huabang Technology Holdings ROCE % Historical Data

The historical data trend for Huabang Technology 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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Huabang Technology Holdings ROCE % Chart

Huabang Technology Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-5.78

3.94

-16.87

-61.14

-41.22

Huabang Technology Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															-29.42	-94.32	-54.04	-24.82	-38.35

Huabang Technology Holdings ROCE % Calculation

Huabang Technology Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-100.996	/	( ( (514.774 - 219.874)	+	(437.887 - 242.754) )	/ 2 )
	=	-100.996	/	( (294.9	+	195.133)	/ 2 )
	=	-100.996	/	245.0165
	=	-41.22 %

Huabang Technology Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-71.27	/	( ( (437.887 - 242.754)	+	(405.044 - 228.487) )	/ 2 )
	=	-71.27	/	( ( 195.133	+	176.557 )	/ 2 )
	=	-71.27	/	185.845
	=	-38.35 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Huabang Technology Holdings (HKSE:03638) 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.

Huabang Technology Holdings ROCE % Related Terms

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Huabang Technology Holdings (HKSE:03638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huabang Technology Holdings Ltd (HKSE:03638) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.huabangfinancial.com

Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.

Executives

Cheung Lit Wan Kenneth	2201 Interest of corporation controlled by you
Talent Virtue International Limited	2101 Beneficial owner
Forever Star Capital Limited	2101 Beneficial owner
Shen Wei	2201 Interest of corporation controlled by you
Luo Jian	2101 Beneficial owner
Lin Rui Ping	2101 Beneficial owner
Lu George	2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Goldjoy Securities Limited

Huabang Technology Holdings (HKSE:03638) Headlines

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