Chi Ho Development Holdings (HKSE:08423) ROCE %: -71.14% (As of Mar. 2026)

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What is Chi Ho Development Holdings ROCE %?

Chi Ho Development Holdings HKSE:08423 ROCE % is -71.14% as of Mar. 2026. The stock has 7 warning signs investors should review.

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. Chi Ho Development Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was -71.14%.

Chi Ho Development Holdings  (HKSE:08423) 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.

Chi Ho Development Holdings ROCE % Related Terms

Chi Ho Development Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Chi Ho Development 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.

Chi Ho Development Holdings ROCE % Chart

Chi Ho Development Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.99 13.34 10.12 -4.91 -47.67

Chi Ho Development Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.75 15.85 -26.07 -25.93 -71.14

Chi Ho Development Holdings ROCE % Calculation

Chi Ho Development Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-55.008/( ( (379.346 - 233.621) + (386.568 - 301.49) )/ 2 )
=-55.008/( (145.725+85.078)/ 2 )
=-55.008/115.4015
=-47.67 %

Chi Ho Development Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-74.862/( ( (389.801 - 264.418) + (386.568 - 301.49) )/ 2 )
=-74.862/( ( 125.383 + 85.078 )/ 2 )
=-74.862/105.2305
=-71.14 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -71.14% mean?
Chi Ho Development Holdings (HKSE:08423) has a ROCE % of -71.14% as of Mar. 2026.
Is Chi Ho Development Holdings' ROCE % too high?
Chi Ho Development Holdings' current ROCE % is -71.14%.
How does Chi Ho Development Holdings' ROCE % compare to PWR and FIX?
Chi Ho Development Holdings' ROCE % of -71.14% can be compared against companies in the Construction industry. The industry median ROCE % is 8.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Construction company?
The median ROCE % among Construction companies is 8.15, based on 1,758 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median ROCE % is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chi Ho Development Holdings's current ROCE % is -71.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chi Ho Development Holdings stock overvalued right now?
Based on GuruFocus' analysis, Chi Ho Development Holdings (HKSE:08423) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.05 — trading 22.5% above its estimated fair value. The current ROCE % is -71.14%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Chi Ho Development Holdings (HKSE:08423), the current ROCE % is -71.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Chi Ho Development Holdings Business Description

Address 77-81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG
Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include the Building renovation and construction segment and the Property segment. The building renovation and construction segment includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. The property segment includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.