GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GBA Holdings Ltd (HKSE:00261) » Definitions » ROCE %

GBA Holdings (HKSE:00261) ROCE % : -25.94% (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is GBA 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. GBA Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.94%.


GBA Holdings ROCE % Historical Data

The historical data trend for GBA 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.

* Premium members only.

GBA Holdings ROCE % Chart

GBA Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.71 -13.39 -6.53 -22.54 -15.36

GBA 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 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 Premium Member Only Premium Member Only -6.08 -3.24 -42.59 -5.26 -25.94

GBA Holdings ROCE % Calculation

GBA Holdings'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 )
=-99.332/( ( (753.679 - 75.08) + (730.193 - 115.005) )/ 2 )
=-99.332/( (678.599+615.188)/ 2 )
=-99.332/646.8935
=-15.36 %

GBA 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 )
=-163.776/( ( (766.013 - 118.504) + (730.193 - 115.005) )/ 2 )
=-163.776/( ( 647.509 + 615.188 )/ 2 )
=-163.776/631.3485
=-25.94 %

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


GBA Holdings  (HKSE:00261) 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.


GBA Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of GBA Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


GBA Holdings (HKSE:00261) Business Description

Traded in Other Exchanges
N/A
Address
77 Leighton Road, Room 1415, 14th floor, Leighton Centre, Causeway Bay, Hong Kong, HKG
GBA Holdings Ltd is an investment holding company engaged in property development and investment in Mainland China and finance business in Hong Kong. Its segments include the Property business segment representing the development and sale of properties; and the Finance business segment representing the finance business. It derives a majority of its revenue from the Property business segment. The group has prime operations in Mainland China and Hong Kong.

GBA Holdings (HKSE:00261) Headlines

No Headlines