Keen Ocean International Holding (HKSE:08070) ROCE % : 0.00% (As of Jun. 2024)

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What is Keen Ocean International Holding 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. Keen Ocean International Holding's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Keen Ocean International Holding ROCE % Historical Data

The historical data trend for Keen Ocean International Holding'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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Keen Ocean International Holding ROCE % Chart

Keen Ocean International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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4.89

23.44

31.20

24.01

24.58

Keen Ocean International Holding Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															11.24	27.41	11.12	-	-

Keen Ocean International Holding ROCE % Calculation

Keen Ocean International Holding'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 )
	=	21.606	/	( ( (238.222 - 156.417)	+	(210.474 - 112.338) )	/ 2 )
	=	21.606	/	( (81.805	+	98.136)	/ 2 )
	=	21.606	/	89.9705
	=	24.01 %

Keen Ocean International Holding'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	/	( ( (210.474 - 112.338)	+	(233.035 - 125.773) )	/ 2 )
	=	0	/	( ( 98.136	+	107.262 )	/ 2 )
	=	0	/	102.699
	=	0.00 %

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

Keen Ocean International Holding (HKSE:08070) 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.

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Keen Ocean International Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keen Ocean International Holding Ltd (HKSE:08070) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

East of Xinggong Avenue and South of Keqi Road, High-tech Development Zone, Guangdong Province, Heyuan, CHN

Website

https://www.keenocean.com.hk

Keen Ocean International Holding Ltd is engaged in the design, development, production, and sale of transformers, switching mode power supplies, healthcare products, and other electronic parts and components. The group sells its products domestically as well as overseas. Its customers are mainly manufacturers and trading entities. Most of the transformers and power supply products were manufactured and sold under the group's branch name Keen Ocean while all electronic parts and components as well as electric healthcare products were sold on an original equipment manufacturer (OEM) basis. Its segments include sales of transformers, sales of switching mode power supplies, sales of electronic parts and components, and sales of electric healthcare products.

Executives

Chung Chi Wah	2201 Interest of corporation controlled by you
Century Lead International Limited	2101 Beneficial owner

Keen Ocean International Holding Headlines

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