AV Promotions Holdings (HKSE:08419) ROCE % : 0.00% (As of Jun. 2024)

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

AV Promotions Holdings ROCE % Historical Data

The historical data trend for AV Promotions 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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AV Promotions Holdings ROCE % Chart

AV Promotions Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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23.97

9.14

-3.41

-40.89

-7.15

AV Promotions 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															3.81	27.13	11.66	-78.66	-

AV Promotions Holdings ROCE % Calculation

AV Promotions 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 )
	=	-6.557	/	( ( (246.157 - 154.07)	+	(240.883 - 149.637) )	/ 2 )
	=	-6.557	/	( (92.087	+	91.246)	/ 2 )
	=	-6.557	/	91.6665
	=	-7.15 %

AV Promotions 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	/	( ( (240.883 - 149.637)	+	(225.575 - 135.706) )	/ 2 )
	=	0	/	( ( 91.246	+	89.869 )	/ 2 )
	=	0	/	90.5575
	=	0.00 %

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

AV Promotions Holdings (HKSE:08419) 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.

AV Promotions Holdings ROCE % Related Terms

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AV Promotions Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AV Promotions Holdings Ltd (HKSE:08419) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Lee Lok Street, Oceanic Industrial Centre, Units 1–15 & 25–27, 19th Floor, Ap Lei Chau, Hong Kong, HKG

Website

https://www.avpromotions.com

AV Promotions Holdings Ltd is a lighting and audio solutions provider. The group provides visual, lighting, and audio solutions services to its customers at various events, including exhibitions, ceremonies, conferences, TV shows, product launches, concerts, and other types of events The company operates in the PRC, Hong Kong, and Macau, of which key revenue is derived from PRC.

Executives

Kong Suet Yau	2202 Interest of your spouse
Wong Man Por	2201 Interest of corporation controlled by you
Jumbo Fame Company Limited	2201 Interest of corporation controlled by you
Mega King Elite Investment Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2301 Trustee

AV Promotions Holdings Headlines

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