Tai Kam Holdings (HKSE:08321) ROCE % : 0.00% (As of Oct. 2024)

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What is Tai Kam 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. Tai Kam Holdings's annualized ROCE % for the quarter that ended in Oct. 2024 was 0.00%.

Tai Kam Holdings ROCE % Historical Data

The historical data trend for Tai Kam 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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Tai Kam Holdings ROCE % Chart

Tai Kam Holdings Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-2.97

-10.11

-16.98

-35.51

-16.18

Tai Kam Holdings Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Oct24
ROCE %	Get a 7-Day Free Trial															-33.84	-8.51	-15.03	-	-

Tai Kam Holdings ROCE % Calculation

Tai Kam Holdings's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-11.409	/	( ( (93.99 - 17.794)	+	(83.907 - 19.12) )	/ 2 )
	=	-11.409	/	( (76.196	+	64.787)	/ 2 )
	=	-11.409	/	70.4915
	=	-16.18 %

Tai Kam Holdings's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Apr. 2024 )		(Q: Oct. 2024 )
	=	0	/	( ( (83.907 - 19.12)	+	(82.81 - 20.02) )	/ 2 )
	=	0	/	( ( 64.787	+	62.79 )	/ 2 )
	=	0	/	63.7885
	=	0.00 %

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

Tai Kam Holdings (HKSE:08321) 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.

Tai Kam Holdings ROCE % Related Terms

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Tai Kam Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tai Kam Holdings Ltd (HKSE:08321) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-105 Des Voeux Road Central, 2/F, Dah Sing Life Building, Hong Kong, HKG

Website

https://www.taikamholdings.com

Tai Kam Holdings Ltd is an investment holding company principally engaged in site formation works and renovation works. Geographically, it operates and derives revenue from Hong Kong. The company undertakes slope and retaining wall works as the main contractor. The slope works of the group involve the construction of landslips, the construction of retaining walls, the construction of inclined pipes, and others.

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