Hang Chi Holdings (HKSE:08405) ROCE % : 0.00% (As of Jun. 2024)

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

Hang Chi Holdings ROCE % Historical Data

The historical data trend for Hang Chi 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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Hang Chi Holdings ROCE % Chart

Hang Chi Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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19.46

25.19

27.00

20.18

13.58

Hang Chi Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															6.29	16.08	15.80	20.71	-

Hang Chi Holdings ROCE % Calculation

Hang Chi 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 )
	=	34.405	/	( ( (337.391 - 69.023)	+	(298.284 - 59.789) )	/ 2 )
	=	34.405	/	( (268.368	+	238.495)	/ 2 )
	=	34.405	/	253.4315
	=	13.58 %

Hang Chi 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	/	( ( (298.284 - 59.789)	+	(333.57 - 70.432) )	/ 2 )
	=	0	/	( ( 238.495	+	263.138 )	/ 2 )
	=	0	/	250.8165
	=	0.00 %

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

Hang Chi Holdings (HKSE:08405) 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.

Hang Chi Holdings ROCE % Related Terms

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Hang Chi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hang Chi Holdings Ltd (HKSE:08405) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Sheung Yuet Road, Unit 09, 7th Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.shuionnc.com

Hang Chi Holdings Ltd is engaged in the operation of elderly residential care homes. Its business comprises of providing comprehensive residential care home services to the elderly residents including the provision of accommodation with dietician-managed meal plans, 24-hour nursing and caretaking assistance and professional services such as regular medical consultation, physiotherapy, occupational therapy, psychological and social care services; and the sale of healthcare and medical consumable products and the provision of customizable add-on healthcare services to the elderly residents. The group derives majority of the revenue from Hong Kong.

Executives

Yik Tak Chi	2101 Beneficial owner
Lok Ko Yeung Benjiman
Lui Chi Tat	2101 Beneficial owner
Hang Chi Development & Investment Limited
Lucky Expert Investments Limited
Multifield Investment Development Limited
Shui Wah Limited
Chung Shuk Man
Yik Wai Hang

Hang Chi Holdings Headlines

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