TradeGo FinTech (HKSE:08017) ROCE % : 0.00% (As of Sep. 2024)

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What is TradeGo FinTech 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. TradeGo FinTech's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

TradeGo FinTech ROCE % Historical Data

The historical data trend for TradeGo FinTech'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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TradeGo FinTech ROCE % Chart

TradeGo FinTech Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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25.00

30.92

21.46

20.71

5.71

TradeGo FinTech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-22.02	20.61	5.96	-	-

TradeGo FinTech ROCE % Calculation

TradeGo FinTech'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 )
	=	7.804	/	( ( (170.823 - 35.067)	+	(158.659 - 20.832) )	/ 2 )
	=	7.804	/	( (135.756	+	137.827)	/ 2 )
	=	7.804	/	136.7915
	=	5.71 %

TradeGo FinTech'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 )
	=	0	/	( ( (158.659 - 20.832)	+	(190.156 - 51.467) )	/ 2 )
	=	0	/	( ( 137.827	+	138.689 )	/ 2 )
	=	0	/	138.258
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

TradeGo FinTech (HKSE:08017) 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.

TradeGo FinTech ROCE % Related Terms

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TradeGo FinTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TradeGo FinTech Ltd (HKSE:08017) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.tradego8.com

TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.

Executives

Liao Jicheng	2101 Beneficial owner
Zhang Wenhua	2101 Beneficial owner
Ye Liqin	2202 Interest of your spouse
Lu Ximeng	2202 Interest of your spouse
Liu Xiaoming	2202 Interest of your spouse
Liu Yong	2401 A concert party to an agreement to buy shares
Chen Zhaoxia	2202 Interest of your spouse
Wan Yong	2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp	2101 Beneficial owner
Coast International Asset Management Limited	2102 Investment manager
Stand Tall International Limited	2201 Interest of corporation controlled by you
Xin Cheng International Limited	2101 Beneficial owner
Sbi China Capital Holdings Limited	2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited	2101 Beneficial owner
Probest Limited	2201 Interest of corporation controlled by you

TradeGo FinTech Headlines

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