Kidztech Holdings (HKSE:06918) ROCE % : -4.31% (As of Jun. 2023)

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What is Kidztech 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. Kidztech Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -4.31%.

Kidztech Holdings ROCE % Historical Data

The historical data trend for Kidztech 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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Kidztech Holdings ROCE % Chart

Kidztech Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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13.39

16.72

11.32

9.42

-16.08

Kidztech Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial							6.81	12.01	-17.27	-15.02	-4.31

Kidztech Holdings ROCE % Calculation

Kidztech Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-80.775	/	( ( (956.302 - 402.48)	+	(822.712 - 371.812) )	/ 2 )
	=	-80.775	/	( (553.822	+	450.9)	/ 2 )
	=	-80.775	/	502.361
	=	-16.08 %

Kidztech Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-18.922	/	( ( (822.712 - 371.812)	+	(844.18 - 417.274) )	/ 2 )
	=	-18.922	/	( ( 450.9	+	426.906 )	/ 2 )
	=	-18.922	/	438.903
	=	-4.31 %

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

Kidztech Holdings (HKSE:06918) 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.

Kidztech Holdings ROCE % Related Terms

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Kidztech Holdings (HKSE:06918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kidztech Holdings Ltd (HKSE:06918) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Granville Road, Room 802, 8thFloor, Inter-Continental Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

https://www.kidztech.net

Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong followed by Mainland China.

Executives

Gold-face Finance Limited	2106 Person having a security interest in shares
Upbest Group Limited	2201 Interest of corporation controlled by you
Chen Cheng	2202 Interest of your spouse
Top Synergy Y&c Limited	2101 Beneficial owner
Yu Huang	2201 Interest of corporation controlled by you
Motivational Mathematics Limited	2101 Beneficial owner
Wu Xiongbin	2201 Interest of corporation controlled by you
He Jingxing	2201 Interest of corporation controlled by you
Charming Flair Limited	2101 Beneficial owner
Chen Chongjian	2201 Interest of corporation controlled by you
Gold-face Finance Limited	2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang	2201 Interest of corporation controlled by you
Ng Mo Sum	2201 Interest of corporation controlled by you
Wu Shu Peng	2202 Interest of your spouse

Kidztech Holdings (HKSE:06918) Headlines

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