Lotus Horizon Holdings (HKSE:06063) ROCE % : 3.64% (As of Sep. 2024)

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What is Lotus Horizon 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. Lotus Horizon Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.64%.

Lotus Horizon Holdings ROCE % Historical Data

The historical data trend for Lotus Horizon 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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Lotus Horizon Holdings ROCE % Chart

Lotus Horizon Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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96.89

21.92

-16.23

-5.15

4.22

Lotus Horizon Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial										-4.05	-6.25	3.54	4.92	3.64

Lotus Horizon Holdings ROCE % Calculation

Lotus Horizon Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	5.375	/	( ( (171.845 - 45.015)	+	(172.197 - 44.453) )	/ 2 )
	=	5.375	/	( (126.83	+	127.744)	/ 2 )
	=	5.375	/	127.287
	=	4.22 %

Lotus Horizon Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	4.67	/	( ( (172.197 - 44.453)	+	(171.004 - 42.138) )	/ 2 )
	=	4.67	/	( ( 127.744	+	128.866 )	/ 2 )
	=	4.67	/	128.305
	=	3.64 %

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

Lotus Horizon Holdings (HKSE:06063) 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.

Lotus Horizon Holdings ROCE % Related Terms

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Lotus Horizon Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lotus Horizon Holdings Ltd (HKSE:06063) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 On Yiu Street, 21st Floor, Delta House, Shatin, New Territories, Hong Kong, HKG

Website

http://www.lotushorizonholdings.com

Lotus Horizon Holdings Ltd is a subcontractor engaged in the provision of design, supply, and installation services for facade work and building metal finishing work projects in Hong Kong. The company provides its services for commercial properties, residential properties, and public facilities in Hong Kong, including public facilities projects initiated by the Hong Kong Government and residential and commercial properties with distinguished and remarkable designs. The company's operating segments are Facade works projects, which is the key revenue-driving business, and Building metal finishing works projects.

Executives

Dai Wing Yi Marjor	2202 Interest of your spouse
Platinum Lotus Holdings Limited	2101 Beneficial owner
Chu Kwok Fun	2201 Interest of corporation controlled by you

Lotus Horizon Holdings Headlines

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