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Tsun Yip Holdings (HKSE:08356) ROCE % : 0.00% (As of Sep. 2024)


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What is Tsun Yip 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. Tsun Yip Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.


Tsun Yip Holdings ROCE % Historical Data

The historical data trend for Tsun Yip 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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Tsun Yip Holdings ROCE % Chart

Tsun Yip Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
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Tsun Yip Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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Tsun Yip Holdings ROCE % Calculation

Tsun Yip Holdings'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 )
=2.321/( ( (245.543 - 587.953) + (218.96 - 620.83) )/ 2 )
=2.321/( (-342.41+-401.87)/ 2 )
=2.321/-372.14
=-0.62 %

Tsun Yip Holdings'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/( ( (218.96 - 620.83) + (231.794 - 216.235) )/ 2 )
=0/( ( -401.87 + 15.559 )/ 2 )
=0/-193.1555
=0 %

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

* 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.


Tsun Yip Holdings  (HKSE:08356) 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.


Tsun Yip Holdings ROCE % Related Terms

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Tsun Yip Holdings Business Description

Traded in Other Exchanges
N/A
Address
28 On Lok Mun Street, Fuk Shing Commercial Building, Flat 314, 3rd Floor, Fanling, New Territories, HKG
Tsun Yip Holdings Ltd provides civil engineering services for the public sector in Hong Kong and the television broadcasting business in the Asia-Pacific region. Its operating segments are the Provision of civil engineering services and the Television broadcasting business. The Provision of civil engineering services segment is engaged in the provision of waterworks engineering services, road works, drainage services, and site formation works for the public sector in Hong Kong, and the Media and advertising business television broadcasting business segment is engaged in broadcasting television programs on television channels operated by television broadcasting companies in the Asia-Pacific region.
Executives
Kan Kwok Cheung 2201 Interest of corporation controlled by you
Lam Shun Kiu, Rosita 2202 Interest of your spouse
Shunleetat (bvi) Limited 2101 Beneficial owner

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