Vicon Holdings (HKSE:03878) ROCE % : 6.42% (As of Sep. 2023)

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What is Vicon 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. Vicon Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 6.42%.

Vicon Holdings ROCE % Historical Data

The historical data trend for Vicon 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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Vicon Holdings ROCE % Chart

Vicon Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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13.57

10.54

-15.17

-9.05

1.00

Vicon Holdings Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial												-10.20	-7.51	-2.02	4.06	6.42

Vicon Holdings ROCE % Calculation

Vicon 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 )
	=	2.611	/	( ( (335.19 - 71.76)	+	(338.929 - 79.186) )	/ 2 )
	=	2.611	/	( (263.43	+	259.743)	/ 2 )
	=	2.611	/	261.5865
	=	1.00 %

Vicon 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 )
	=	16.916	/	( ( (338.929 - 79.186)	+	(364.532 - 97.329) )	/ 2 )
	=	16.916	/	( ( 259.743	+	267.203 )	/ 2 )
	=	16.916	/	263.473
	=	6.42 %

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

Vicon Holdings (HKSE:03878) 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.

Vicon Holdings ROCE % Related Terms

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Vicon Holdings (HKSE:03878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vicon Holdings Ltd (HKSE:03878) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Hoi Bun Road, Office D, 16th Floor, MG Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.vicon.com.hk

Vicon Holdings Ltd is a Hong Kong-based investment company. The company is engaged in foundation works and ancillary services. Geographically, the company derives maximum of its revenue from Hong Kong. The company segments include construction works and leasing of construction machinery. The company earns maximum revenue from the construction segment. The company's foundation projects involve different types of construction works, such as piling construction, ELS works, pile cap construction, and general building work in Hong Kong.

Executives

Vic Group Holdings Limited	2101 Beneficial owner
Chow Kwok Chun	2201 Interest of corporation controlled by you
Hon Yuk Hung	2202 Interest of your spouse

Vicon Holdings (HKSE:03878) Headlines

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