Dynamic Holdings (HKSE:00029) ROCE % : 291.73% (As of Dec. 2023)

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What is Dynamic Holdings 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. Dynamic Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 291.73%.

Dynamic Holdings ROCE % Historical Data

The historical data trend for Dynamic 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.

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Dynamic Holdings ROCE % Chart

Dynamic Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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1.78

-1.96

0.68

0.35

0.17

Dynamic Holdings Semi-Annual 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															4.60	-4.05	0.16	0.18	291.73

Dynamic Holdings ROCE % Calculation

Dynamic Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	3.972	/	( ( (2685.457 - 234.372)	+	(2396.433 - 122.953) )	/ 2 )
	=	3.972	/	( (2451.085	+	2273.48)	/ 2 )
	=	3.972	/	2362.2825
	=	0.17 %

Dynamic Holdings'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 )
	=	25231.292	/	( ( (2396.433 - 122.953)	+	(15202.576 - 178.221) )	/ 2 )
	=	25231.292	/	( ( 2273.48	+	15024.355 )	/ 2 )
	=	25231.292	/	8648.9175
	=	291.73 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Dynamic Holdings (HKSE:00029) 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.

Dynamic Holdings ROCE % Related Terms

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Dynamic Holdings (HKSE:00029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dynamic Holdings Ltd (HKSE:00029) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Hysan Avenue, 17th Floor, Eton Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.dynamic.hk/eng/global/home.htm

Dynamic Holdings Ltd acts as an investment holding company. The activities of its principal subsidiaries are property investment and development. The Group's investment properties portfolio consists of offices, residential and commercial units and carparks, are located in Shanghai and Beijing, the PRC. Its core business activity is categorized as - Property Rental. Property Rental includes property leasing operations in the People's Republic of China (the PRC). The group's revenue is derived predominantly from its rental business activities conducted in Shanghai.

Executives

Zedra Asia Limited	2301 Trustee
Tan Carmen K.	2101 Beneficial owner
Tan Lucio C.	2101 Beneficial owner

Dynamic Holdings (HKSE:00029) Headlines

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