SKYC (Sky Constant Century) ROCE %: -73.88% (As of Sep. 2017)


What is Sky Constant Century ROCE %?

Sky Constant Century SKYC ROCE % is -73.88% as of Sep. 2017.

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 Constant Century's annualized ROCE % for the quarter that ended in Sep. 2017 was -73.88%.

Sky Constant Century  (OTCPK:SKYC) 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 Constant Century ROCE % Related Terms

Sky Constant Century ROCE % Historical Data

* Premium members only.

The historical data trend for Sky Constant Century'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.

Sky Constant Century ROCE % Chart

Sky Constant Century Annual Data
Trend Mar14 Mar15 Mar16 Mar17
ROCE %
2.32 21.00 -19.74 -3.34

Sky Constant Century Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 4.39 6.15 -12.79 -57.05 -73.88

Sky Constant Century ROCE % Calculation

Sky Constant Century's annualized ROCE % for the fiscal year that ended in Mar. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2017 )  (A: Mar. 2016 )(A: Mar. 2017 )
=-0.079/( ( (2.658 - 0.251) + (2.906 - 0.582) )/ 2 )
=-0.079/( (2.407+2.324)/ 2 )
=-0.079/2.3655
=-3.34 %

Sky Constant Century's ROCE % of for the quarter that ended in Sep. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=-1.348/( ( (2.345 - 0.322) + (2.166 - 0.54) )/ 2 )
=-1.348/( ( 2.023 + 1.626 )/ 2 )
=-1.348/1.8245
=-73.88 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2017) 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 -73.88% mean?
Sky Constant Century (SKYC) has a ROCE % of -73.88% as of Sep. 2017.
Is Sky Constant Century's ROCE % too high?
Sky Constant Century's current ROCE % is -73.88%.
How does Sky Constant Century's ROCE % compare to JRVS?
Sky Constant Century's ROCE % of -73.88% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sky Constant Century's current ROCE % is -73.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Constant Century stock overvalued right now?
Sky Constant Century (SKYC) has a current ROCE % of -73.88%. The current ROCE % is -73.88%. 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 Sky Constant Century (SKYC), the current ROCE % is -73.88% as of Sep. 2017. 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.

Sky Constant Century Business Description

Address Number 3, Hoi Shing Road, Wordshop A2, 25th Floor, TML Tower, Tseun Wan, New Territories, Hong Kong, HKG
Sky Constant Century Inc is engaged in providing precious metals trading position services. The company offers precious metals spot contract trading services to clients for trading gold and silver via a 24-hour electronic trading platform in Hong Kong.