Hao Bai International (Cayman) (HKSE:08431) ROCE % : -189.52% (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Hao Bai International (Cayman) 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. Hao Bai International (Cayman)'s annualized ROCE % for the quarter that ended in Sep. 2023 was -189.52%.

Hao Bai International (Cayman) ROCE % Historical Data

The historical data trend for Hao Bai International (Cayman)'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.

* Premium members only.

Hao Bai International (Cayman) ROCE % Chart

Hao Bai International (Cayman) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

6.37

-20.98

-41.13

-89.28

-364.87

Hao Bai International (Cayman) Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															14.39	-99.42	-12,434.76	718.28	-189.52

Hao Bai International (Cayman) ROCE % Calculation

Hao Bai International (Cayman)'s annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-32.754	/	( ( (73.34 - 56.272)	+	(84.138 - 83.252) )	/ 2 )
	=	-32.754	/	( (17.068	+	0.88600000000001)	/ 2 )
	=	-32.754	/	8.977
	=	-364.87 %

Hao Bai International (Cayman)'s ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-47.796	/	( ( (0 - 0)	+	(106.87 - 81.65) )	/ 1 )
	=	-47.796	/	( ( 0	+	25.22 )	/ 1 )
	=	-47.796	/	25.22
	=	-189.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Hao Bai International (Cayman) (HKSE:08431) 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.

Hao Bai International (Cayman) ROCE % Related Terms

Thank you for viewing the detailed overview of Hao Bai International (Cayman)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hao Bai International (Cayman) (HKSE:08431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hao Bai International (Cayman) Ltd (HKSE:08431) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 883 Cheung Sha Wan Road, Unit 1B, 10/F, Elite Industrial Centre, Kowloon, Hong Kong, HKG

Website

http://www.harmonyasia.com

Hao Bai International (Cayman) Ltd is an investment holding company. The company is engaged in the provision of design, procurement, and installation services of water circulation systems. Its services are mainly categorized as Management contracting services, Consultancy Services, The company generates maximum revenue from the Management contracting services segment that engages in the provision of design, procurement, and installation services of the water circulation systems. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau.

Executives

Prudential Brokerage Limited	2106 Person having a security interest in shares
Li Dongyan	2201 Interest of corporation controlled by you
Zhuiri Law And Business International Holding Group Limited	2101 Beneficial owner
Song Chenglei	2101 Beneficial owner
Harmony Asia International Limited	2101 Beneficial owner
Nam Ho Kwan	2101 Beneficial owner
Chen Mingxia	2101 Beneficial owner

Hao Bai International (Cayman) (HKSE:08431) Headlines

No Headlines