Sky Blue 11 Co (Sky Blue 11 Co) ROCE % : -941.70% (As of Dec. 2023)

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What is Sky Blue 11 Co 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. Sky Blue 11 Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -941.70%.

Sky Blue 11 Co ROCE % Historical Data

The historical data trend for Sky Blue 11 Co'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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Sky Blue 11 Co ROCE % Chart

Sky Blue 11 Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-19.75

-4.13

-57.03

14.78

-185.77

Sky Blue 11 Co Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-195.10	-78.14	159.78	31.17	-941.70

Sky Blue 11 Co ROCE % Calculation

Sky Blue 11 Co'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 )
	=	-5.614	/	( ( (59.336 - 53.165)	+	(46.311 - 46.438) )	/ 2 )
	=	-5.614	/	( (6.171	+	-0.127)	/ 2 )
	=	-5.614	/	3.022
	=	-185.77 %

Sky Blue 11 Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-24.244	/	( ( (52.688 - 47.412)	+	(46.311 - 46.438) )	/ 2 )
	=	-24.244	/	( ( 5.276	+	-0.127 )	/ 2 )
	=	-24.244	/	2.5745
	=	-941.70 %

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

Sky Blue 11 Co (OTCPK:PIHLF) 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.

Sky Blue 11 Co ROCE % Related Terms

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Sky Blue 11 Co (Sky Blue 11 Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sky Blue 11 Co Ltd (OTCPK:PIHLF) » Definitions » ROCE %

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01010:Hong Kong

Address

50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.pacray.com.hk

Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.

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