Hao Wen Holdings (HKSE:08019) ROCE % : 0.00% (As of Jun. 2024)

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What is Hao Wen 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. Hao Wen Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Hao Wen Holdings ROCE % Historical Data

The historical data trend for Hao Wen 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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Hao Wen Holdings ROCE % Chart

Hao Wen Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.25

-5.69

-1.13

-13.76

-1.21

Hao Wen Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															0.61	0.80	0.89	-7.30	-

Hao Wen Holdings ROCE % Calculation

Hao Wen 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 )
	=	-4.705	/	( ( (402.732 - 9.022)	+	(414.177 - 29.592) )	/ 2 )
	=	-4.705	/	( (393.71	+	384.585)	/ 2 )
	=	-4.705	/	389.1475
	=	-1.21 %

Hao Wen 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 )
	=	0	/	( ( (414.177 - 29.592)	+	(409.332 - 36.057) )	/ 2 )
	=	0	/	( ( 384.585	+	373.275 )	/ 2 )
	=	0	/	378.93
	=	0.00 %

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

Hao Wen Holdings (HKSE:08019) 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.

Hao Wen Holdings ROCE % Related Terms

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Hao Wen Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Hao Wen Holdings Ltd (HKSE:08019) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, Level 12, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.tricor.com.hk/webservice/008019/index_

Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, i) the Money Lending segment engages in interest income earned from the money lending business; ii) the Electronic Parts segment engages in trading of electronic parts business; iii) the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and iv) the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products. The company derives maximum revenue from the Money Lending segment and geographically from Hong Kong.

Hao Wen Holdings Headlines

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