Honbridge Holdings (HKSE:08137) ROCE % : 0.00% (As of Jun. 2024)

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

Honbridge Holdings ROCE % Historical Data

The historical data trend for Honbridge 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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Honbridge Holdings ROCE % Chart

Honbridge Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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24.68

1.35

-3.53

-1.99

-9.30

Honbridge Holdings 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															-1.30	-1.04	-4.53	-	-

Honbridge Holdings ROCE % Calculation

Honbridge 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 )
	=	-149.364	/	( ( (7530.749 - 184.132)	+	(7956.082 - 309.795) )	/ 2 )
	=	-149.364	/	( (7346.617	+	7646.287)	/ 2 )
	=	-149.364	/	7496.452
	=	-1.99 %

Honbridge 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	/	( ( (7956.082 - 309.795)	+	(6898.753 - 192.064) )	/ 2 )
	=	0	/	( ( 7646.287	+	6706.689 )	/ 2 )
	=	0	/	7176.488
	=	0.00 %

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

Honbridge Holdings (HKSE:08137) 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.

Honbridge Holdings ROCE % Related Terms

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Honbridge Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Honbridge Holdings Ltd (HKSE:08137) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Unit 5402, 54th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.8137.hk

Honbridge Holdings Ltd is a Hong Kong-based company mainly involved in mineral resources exploration and lithium battery production. The company reports in three segments that are Mineral resources exploration and trading, which includes research and exploration of mineral resources and trading of copper and steel; Lithium battery production, which is into production and sale of lithium battery; and Online car-hailing and related services segment. The vast majority of the revenue is generated from the Lithium battery production segment. The company operates in China, Belgium, and Sweden, out of which China accounts for the majority of the revenue.

Executives

Li Shu Fu	2201 Interest of corporation controlled by you
Hong Bridge Capital Limited	2101 Beneficial owner
Geely International Technology Limited	2101 Beneficial owner
Geely Group Limited	2201 Interest of corporation controlled by you
Li Shu Fu	2201 Interest of corporation controlled by you
Foo Yatyan	2202 Interest of your spouse
Li Xingxing	2201 Interest of corporation controlled by you
Geely International (hong Kong) Limited	2101 Beneficial owner
Zhejiang Geely Holding Group Company Limited	2201 Interest of corporation controlled by you
He Xuechu	2201 Interest of corporation controlled by you

Honbridge Holdings Headlines

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