Ka Shui International Holdings (HKSE:00822) ROCE % : -0.75% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Ka Shui International 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. Ka Shui International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.75%.

Ka Shui International Holdings ROCE % Historical Data

The historical data trend for Ka Shui International 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.

Ka Shui International Holdings ROCE % Chart

Ka Shui International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.42

13.62

11.80

5.83

-2.04

Ka Shui International 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															13.61	3.08	8.75	-3.39	-0.75

Ka Shui International Holdings ROCE % Calculation

Ka Shui International 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 )
	=	-27.077	/	( ( (1710.66 - 372.742)	+	(1720.491 - 398.871) )	/ 2 )
	=	-27.077	/	( (1337.918	+	1321.62)	/ 2 )
	=	-27.077	/	1329.769
	=	-2.04 %

Ka Shui International 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 )
	=	-9.756	/	( ( (1618.696 - 338.592)	+	(1720.491 - 398.871) )	/ 2 )
	=	-9.756	/	( ( 1280.104	+	1321.62 )	/ 2 )
	=	-9.756	/	1300.862
	=	-0.75 %

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

Ka Shui International Holdings (HKSE:00822) 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.

Ka Shui International Holdings ROCE % Related Terms

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

Ka Shui International Holdings (HKSE:00822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ka Shui International Holdings Ltd (HKSE:00822) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.kashui.com

Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through five segments: Magnesium alloy die casting, Zinc alloy die casting, Aluminum alloy die casting, Plastic injection, trading of lighting products and home appliances as well as provision of motor vehicle repair services. It generates maximum revenue from the Plastic injection segment. Geographically, it derives a majority of its revenue from China and also has a presence in Hong Kong; Japan; the USA, and other countries.

Ka Shui International Holdings (HKSE:00822) Headlines

No Headlines