Cornerstone Financial Holdings (HKSE:08112) ROCE % : -27.92% (As of Jun. 2024)

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What is Cornerstone Financial 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. Cornerstone Financial Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was -27.92%.

Cornerstone Financial Holdings ROCE % Historical Data

The historical data trend for Cornerstone Financial 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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Cornerstone Financial Holdings ROCE % Chart

Cornerstone Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-5.09

-23.65

-5.59

-14.80

-25.38

Cornerstone Financial 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															-5.65	-14.63	-17.71	-72.89	-27.92

Cornerstone Financial Holdings ROCE % Calculation

Cornerstone Financial 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 )
	=	-46.574	/	( ( (281.057 - 65.908)	+	(207.77 - 55.844) )	/ 2 )
	=	-46.574	/	( (215.149	+	151.926)	/ 2 )
	=	-46.574	/	183.5375
	=	-25.38 %

Cornerstone Financial 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 )
	=	-38.716	/	( ( (207.77 - 55.844)	+	(175.581 - 50.187) )	/ 2 )
	=	-38.716	/	( ( 151.926	+	125.394 )	/ 2 )
	=	-38.716	/	138.66
	=	-27.92 %

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

Cornerstone Financial Holdings (HKSE:08112) 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.

Cornerstone Financial Holdings ROCE % Related Terms

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Cornerstone Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cornerstone Financial Holdings Ltd (HKSE:08112) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hysan Avenue, Room 802, 8th Floor, Lee Garden Five, Causeway Bay, Hong Kong, HKG

Website

http://www.cs8112.com

Cornerstone Financial Holdings Ltd is an investment holding company that operates in three segments: Advertising and Media, Financial Services, and Retail of skincare products. The Advertising and Media segment generates the highest revenue for the company. Cornerstone Financial Holdings Ltd operates primarily in Hong Kong and Singapore, and its main source of revenue comes from Hong Kong.

Executives

Masan Capital Limited	2102 Investment manager
Masan Multi Strategy Fund Spc - Masan Hk Equity Fund Sp	2101 Beneficial owner
Top Lion International Limited	2201 Interest of corporation controlled by you

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