HashKey Holdings (HKSE:03887) ROCE %: -97.89% (As of Dec. 2025)

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HKSE:03887 HashKey Holdings Ltd HKSE:03887
11 GF Score
Price HK$2.62
! 5 Warning Signs
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What is HashKey Holdings ROCE %?

HashKey Holdings HKSE:03887 +0.58% 11 ROCE % is -97.89% as of Dec. 2025. GuruFocus rates HKSE:03887 with a GF Score™ of 11/100. The stock has 5 warning signs investors should review.

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. HashKey Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was -97.89%.

HashKey Holdings  (HKSE:03887) 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.

HashKey Holdings ROCE % Related Terms

HashKey Holdings ROCE % Historical Data

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The historical data trend for HashKey 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.

HashKey Holdings ROCE % Chart

HashKey Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROCE %
-140.16 -502.43 0.00 -72.00

HashKey Holdings Semi-Annual Data
Dec22 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
ROCE % Get a 7-Day Free Trial 0.00 0.00 0.00 -97.89 -46.50
HKSE:03887
11GF Score
HashKey Holdings Ltd HKSE:03887
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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HashKey Holdings ROCE % Calculation

HashKey Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-883.156/( ( (1613.816 - 2326.431) + (4181.861 - 1016.001) )/ 2 )
=-883.156/( (-712.615+3165.86)/ 2 )
=-883.156/1226.6225
=-72.00 %

HashKey Holdings's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-932.898/( ( (1607.359 - 2867.116) + (4181.861 - 1016.001) )/ 2 )
=-932.898/( ( -1259.757 + 3165.86 )/ 2 )
=-932.898/953.0515
=-97.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -97.89% mean?
HashKey Holdings (HKSE:03887) has a ROCE % of -97.89% as of Dec. 2025.
Is HashKey Holdings' ROCE % too high?
HashKey Holdings' current ROCE % is -97.89%. Overall, HashKey Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does HashKey Holdings' ROCE % compare to SPGI and CME?
HashKey Holdings' ROCE % of -97.89% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 6.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 6.08, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HashKey Holdings's current ROCE % is -97.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HashKey Holdings stock overvalued right now?
HashKey Holdings (HKSE:03887) has a current ROCE % of -97.89%. The current ROCE % is -97.89%. HashKey Holdings' overall GF Score™ is 11/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For HashKey Holdings (HKSE:03887), the current ROCE % is -97.89% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HashKey Holdings Business Description

Address 8 Connaught Place, 14th Floor, Three Exchange Square, Central, Hong Kong, HKG
HashKey Holdings Ltd is an investment holding company, principally engaged in digital asset exchange custody, asset management, and related blockchain infrastructure services. The Group's business includes licensed digital asset trading platforms, brokerage services, custody solutions, asset management products, and technology services provided to institutional and professional clients. The company's business segments are: Transaction facilitation services, On-chain services, and Asset management services. It derived the majority of revenue from the Transaction facilitation services segment, covering digital asset exchange services, brokerage services, and custody services. Geographically, it derived the maximum revenue from Hong Kong.
11GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$2.62
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