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CLSA Premium (HKSE:06877) ROCE % : 2.13% (As of Jun. 2024)


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What is CLSA Premium 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. CLSA Premium's annualized ROCE % for the quarter that ended in Jun. 2024 was 2.13%.


CLSA Premium ROCE % Historical Data

The historical data trend for CLSA Premium'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.

* Premium members only.

CLSA Premium ROCE % Chart

CLSA Premium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.69 -15.92 -4.26 6.19 -1.18

CLSA Premium Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.01 3.98 8.35 2.13 -4.43

CLSA Premium ROCE % Calculation

CLSA Premium'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 )
=14.575/( ( (284.31 - 53.51) + (251.775 - 11.91) )/ 2 )
=14.575/( (230.8+239.865)/ 2 )
=14.575/235.3325
=6.19 %

CLSA Premium'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 )
=5.162/( ( (251.775 - 11.91) + (262.097 - 16.491) )/ 2 )
=5.162/( ( 239.865 + 245.606 )/ 2 )
=5.162/242.7355
=2.13 %

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


CLSA Premium  (HKSE:06877) 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.


CLSA Premium ROCE % Related Terms

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CLSA Premium Business Description

Traded in Other Exchanges
N/A
Address
88 Queensway, Suite 804, Level 8, One Pacific Place, Hong Kong, HKG
CLSA Premium Ltd operates in the financial services sector. It provides leveraged forex and other trading, cash dealing, sales of healthcare products and other services.. The operating segments of the group are the Margin dealing segment. Unallocated segment, Healthcare products segment, The margin dealing segment is engaged in the provision of leveraged foreign exchange, commodity and index trading services in Australia, Hong Kong and New Zealand. The healthcare products segment engages in the sales of healthcare products. It has a business presence in Hong Kong, Australia, New Zealand and Other countries.
Executives
Beijing Tong Ren Tang (cayman) Limited 2101 Beneficial owner
Top Eminent Invest Co., Ltd. 2201 Interest of corporation controlled by you
Ji Guangfei 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Calypso International Investment Co., Limited 2101 Beneficial owner
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Hang Su Yun Tou Zi Shang Hai You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Sheng Ci Hang Gong Yi Ji Jin Hui 2201 Interest of corporation controlled by you

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