PMAX (Powell Max) ROCE % : 0.00% (As of Jun. 2024)

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What is Powell Max 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. Powell Max's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Powell Max ROCE % Historical Data

The historical data trend for Powell Max'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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Powell Max ROCE % Chart

Powell Max Annual Data

Trend

Dec22

Dec23

ROCE %

Powell Max Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	-	-

Powell Max ROCE % Calculation

Powell Max'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 )
	=	0.977	/	( ( (2.547 - 4.822)	+	(2.944 - 4.741) )	/ 2 )
	=	0.977	/	( (-2.275	+	-1.797)	/ 2 )
	=	0.977	/	-2.036
	=	-47.99 %

Powell Max'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 )
	=	0.25	/	( ( (2.944 - 4.741)	+	(3.666 - 5.509) )	/ 2 )
	=	0.25	/	( ( -1.797	+	-1.843 )	/ 2 )
	=	0.25	/	-1.82
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Powell Max (NAS:PMAX) 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.

Powell Max ROCE % Related Terms

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Powell Max Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Powell Max Ltd (NAS:PMAX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-14 Connaught Road Central, 22th floor, Euro Trade Centre, Hong Kong, HKG

Website

https://www.janfp.com

Powell Max Ltd is an financial communications services provider. Its financial communications services cover a full range of financial printing, corporate reporting, communications and language support services from inception to completion, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement and distribution. It operates in a single business segment which is the provision of corporate financial communications and financial printing services. Key revenue is derived from Hong Kong.