Gaoyu Finance Group (HKSE:08221) ROCE % : 0.00% (As of Mar. 2024)

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What is Gaoyu Finance 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. Gaoyu Finance Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Gaoyu Finance Group ROCE % Historical Data

The historical data trend for Gaoyu Finance 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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Gaoyu Finance Group ROCE % Chart

Gaoyu Finance Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-2.26

-7.52

-14.72

-6.23

6.43

Gaoyu Finance Group 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															-4.76	2.89	-9.71	-	-

Gaoyu Finance Group ROCE % Calculation

Gaoyu Finance Group'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 )
	=	9.745	/	( ( (197.155 - 53.085)	+	(229.291 - 70.436) )	/ 2 )
	=	9.745	/	( (144.07	+	158.855)	/ 2 )
	=	9.745	/	151.4625
	=	6.43 %

Gaoyu Finance Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	0	/	( ( (188.509 - 47.112)	+	(229.291 - 70.436) )	/ 2 )
	=	0	/	( ( 141.397	+	158.855 )	/ 2 )
	=	0	/	150.126
	=	0.00 %

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

Gaoyu Finance Group (HKSE:08221) 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.

Gaoyu Finance Group ROCE % Related Terms

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Gaoyu Finance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gaoyu Finance Group Ltd (HKSE:08221) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Room 4409, 44th Floor, COSCO Tower, Hong Kong, HKG

Website

https://www.gyf.com.hk

Gaoyu Finance Group Ltd is an investment holding company. The company's operating segment includes Securities dealing and brokerage services; Placing and underwriting services; Financing services; Asset management services; Supply chain financing; Trust services; and Advisory and restructuring services. It operates in Hong Kong and its revenue is derived from its operations in Hong Kong.

Executives

Chance Wise Investments Limited	2101 Beneficial owner
Fok Yuk Tong	2201 Interest of corporation controlled by you
Hsieh Ching Chun	2201 Interest of corporation controlled by you
Mega Wise Group Limited	2101 Beneficial owner
Chow Nim Pui	2202 Interest of your spouse
Lee Chun Pong Bruce	2201 Interest of corporation controlled by you

Gaoyu Finance Group Headlines

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