Goldin Financial Holdings (HKSE:00530) ROCE % : -3.15% (As of Jun. 2021)

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What is Goldin Financial 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. Goldin Financial Holdings's annualized ROCE % for the quarter that ended in Jun. 2021 was -3.15%.

Goldin Financial Holdings ROCE % Historical Data

The historical data trend for Goldin Financial 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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Goldin Financial Holdings ROCE % Chart

Goldin Financial Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

ROCE %

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10.54

7.51

28.80

-33.94

-7.22

Goldin Financial Holdings Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial															41.80	-0.74	-67.76	-11.07	-3.15

Goldin Financial Holdings ROCE % Calculation

Goldin Financial Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	-797.887	/	( ( (29170.831 - 17470.626)	+	(17886.768 - 7492.954) )	/ 2 )
	=	-797.887	/	( (11700.205	+	10393.814)	/ 2 )
	=	-797.887	/	11047.0095
	=	-7.22 %

Goldin Financial Holdings's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	-337.486	/	( ( (18634.1 - 7597.379)	+	(17886.768 - 7492.954) )	/ 2 )
	=	-337.486	/	( ( 11036.721	+	10393.814 )	/ 2 )
	=	-337.486	/	10715.2675
	=	-3.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

Goldin Financial Holdings (HKSE:00530) 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.

Goldin Financial Holdings ROCE % Related Terms

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Goldin Financial Holdings (HKSE:00530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Goldin Financial Holdings Ltd (HKSE:00530) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Kai Cheung Road, 25th Floor, Goldin Financial Global Centre, Kowloon Bay, Hong Kong, HKG

Website

http://www.goldinfinancial.com

Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.

Executives

Industrial And Commercial Bank Of China (macau) Limited	2106 Person having a security interest in shares
Nyh Limited	2106 Person having a security interest in shares
Sea Fortune Ventures Limited	2106 Person having a security interest in shares
Vast Gold Holdings Limited	2106 Person having a security interest in shares
Lu Wing Chi	2106 Person having a security interest in shares
Pan Sutong	2101 Beneficial owner
Goldin Global Holdings Limited	2101 Beneficial owner

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