DLC Asia (HKSE:08210) ROCE % : 0.00% (As of Sep. 2024)

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What is DLC Asia 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. DLC Asia's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

DLC Asia ROCE % Historical Data

The historical data trend for DLC Asia'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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DLC Asia ROCE % Chart

DLC Asia Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-0.26

-4.01

-10.42

4.62

2.59

DLC Asia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															7.88	2.72	8.22	-	-

DLC Asia ROCE % Calculation

DLC Asia's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	2.212	/	( ( (94.024 - 8.823)	+	(91.798 - 6.23) )	/ 2 )
	=	2.212	/	( (85.201	+	85.568)	/ 2 )
	=	2.212	/	85.3845
	=	2.59 %

DLC Asia's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	0	/	( ( (91.798 - 6.23)	+	(91.317 - 4.818) )	/ 2 )
	=	0	/	( ( 85.568	+	86.499 )	/ 2 )
	=	0	/	86.0335
	=	0.00 %

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

DLC Asia (HKSE:08210) 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.

DLC Asia ROCE % Related Terms

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DLC Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DLC Asia Ltd (HKSE:08210) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Fleming Road, Units 2601-3, Tai Tung Building, Wanchai, Hong Kong, HKG

Website

https://www.derivaasia.com

DLC Asia Ltd is an investment holding company. Along with its holdings, the company is known as the interdealer broker in Hong Kong that provides derivatives brokerage services to Professional Investors by dealing in securities and futures contracts. Its revenues are derived from commission income received from customers for providing brokerage services on derivative contracts by various execution channels including HKEx, SGX, and OTC. Its revenue is earned from the HKEx market.

Executives

Tsai Wen Hao	2101 Beneficial owner
Ng Yu Fai	2101 Beneficial owner
Yu Kwok Tung
Mak Sui Yu	2202 Interest of your spouse
Oasis Green Ventures Limited	2101 Beneficial owner
Pacific Asset Limited	2201 Interest of corporation controlled by you
Yip Shui Chi Rowena	2101 Beneficial owner
Jolly Ocean Global Limited
Santo Global Investments Limited
Dense Jungle Limited
Lau Ming Hong Henry
Lo Ying

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