Tailam Tech Construction Holdings (HKSE:06193) ROCE % : -3.36% (As of Jun. 2024)

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What is Tailam Tech Construction 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. Tailam Tech Construction Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -3.36%.

Tailam Tech Construction Holdings ROCE % Historical Data

The historical data trend for Tailam Tech Construction 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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Tailam Tech Construction Holdings ROCE % Chart

Tailam Tech Construction Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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27.62

10.40

1.77

6.39

-4.67

Tailam Tech Construction Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										3.41	9.70	2.34	-11.94	-3.36

Tailam Tech Construction Holdings ROCE % Calculation

Tailam Tech Construction 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 )
	=	-11.376	/	( ( (450.03 - 194.5)	+	(316.517 - 84.415) )	/ 2 )
	=	-11.376	/	( (255.53	+	232.102)	/ 2 )
	=	-11.376	/	243.816
	=	-4.67 %

Tailam Tech Construction 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 )
	=	-7.652	/	( ( (316.517 - 84.415)	+	(277.279 - 53.491) )	/ 2 )
	=	-7.652	/	( ( 232.102	+	223.788 )	/ 2 )
	=	-7.652	/	227.945
	=	-3.36 %

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

Tailam Tech Construction Holdings (HKSE:06193) 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.

Tailam Tech Construction Holdings ROCE % Related Terms

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Tailam Tech Construction Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tailam Tech Construction Holdings Ltd (HKSE:06193) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Yuanbei Village, Wangbao Town, Nantong, Jiangsu Province, Qidong, Nantong, CHN

Website

https://www.tailamgroup.com

Tailam Tech Construction Holdings Ltd is engaged in the manufacturing and sale of pre-stressed high-strength concrete piles and commercial concrete in the People's Republic of China. It sells its products to property developers and construction companies. Geographically, it derives revenue from the People's Republic of China.

Executives

Glorycore Investment Holdings Limited
Wong Leung Yau	2201 Interest of corporation controlled by you
Apax Investment Holdings Limited	2101 Beneficial owner
Ma Wai Kwok	2202 Interest of your spouse
Wong Han Yu Alice	2201 Interest of corporation controlled by you
Ruan Yu Hang	2202 Interest of your spouse
Wang Chao Hong	2201 Interest of corporation controlled by you

Tailam Tech Construction Holdings Headlines

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