ETS Group (HKSE:08031) ROCE % : -125.60% (As of Dec. 2023)

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What is ETS Group 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. ETS Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -125.60%.

ETS Group ROCE % Historical Data

The historical data trend for ETS Group'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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ETS Group ROCE % Chart

ETS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.18

-3.97

-15.43

-8.09

-10.73

ETS Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-47.73	14.38	5.37	8.82	-125.60

ETS Group ROCE % Calculation

ETS Group'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 )
	=	-7.135	/	( ( (119.202 - 29.335)	+	(55.517 - 12.362) )	/ 2 )
	=	-7.135	/	( (89.867	+	43.155)	/ 2 )
	=	-7.135	/	66.511
	=	-10.73 %

ETS Group's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-54.204	/	( ( (0 - 0)	+	(55.517 - 12.362) )	/ 1 )
	=	-54.204	/	( ( 0	+	43.155 )	/ 1 )
	=	-54.204	/	43.155
	=	-125.60 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

ETS Group (HKSE:08031) 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.

ETS Group ROCE % Related Terms

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ETS Group (HKSE:08031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ETS Group Ltd (HKSE:08031) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1163 Canton Road, 4th Floor, China Paint Building, Mongkok, Kowloon, HKG

Website

http://www.etsgroup.com.hk

ETS Group Ltd is engaged in the business of providing comprehensive multi-media contact services and contact center systems. It has its services in six operating segments: Outsourcing inbound contact service, Outsourcing outbound contact service, Staff insourcing service, Contact service centre & service centre facilities management service, Financial services, and others segment. Key revenue is earned from Staff insourcing services.

Executives

Pine Care Group Limited	2201 Interest of corporation controlled by you
Pine Care Titanium Limited	2101 Beneficial owner
Chime Corporation Limited	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2304 Executor or administrator
Wong Tak Wai	2304 Executor or administrator
Tang Yiu Sing	2304 Executor or administrator
Tang Yiu Man Raymond	2304 Executor or administrator

ETS Group (HKSE:08031) Headlines

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