Capital VC (HKSE:02324) ROCE % : -44.48% (As of Sep. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Capital VC 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. Capital VC's annualized ROCE % for the quarter that ended in Sep. 2023 was -44.48%.

Capital VC ROCE % Historical Data

The historical data trend for Capital VC'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.

Capital VC ROCE % Chart

Capital VC Annual Data

Trend

Jun14

Jun15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

-28.42

-20.50

13.04

-16.81

-34.79

Capital VC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															6.35	-18.78	-14.98	-25.63	-44.48

Capital VC ROCE % Calculation

Capital VC's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-143.412	/	( ( (511.698 - 26.114)	+	(378.594 - 39.822) )	/ 2 )
	=	-143.412	/	( (485.584	+	338.772)	/ 2 )
	=	-143.412	/	412.178
	=	-34.79 %

Capital VC's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-170.044	/	( ( (459.052 - 33.229)	+	(378.594 - 39.822) )	/ 2 )
	=	-170.044	/	( ( 425.823	+	338.772 )	/ 2 )
	=	-170.044	/	382.2975
	=	-44.48 %

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

Capital VC (HKSE:02324) 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.

Capital VC ROCE % Related Terms

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

Capital VC (HKSE:02324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Capital VC Ltd (HKSE:02324) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Queen’s Road Central, Room 2302, 23rd Floor, New World Tower 1, Hong Kong, HKG

Website

http://www.capital-vc.com

Capital VC Ltd is an investment holding company. The company's operating segment includes Investment in listed securities and unlisted bonds and Investment in unlisted securities. Its investment portfolio covers a wide range of business sectors, including companies engaged in sectors such as finance, consumer goods and consumer services, media, manufacturing, and construction. Key revenue comes from investment in listed and unlisted bonds.

Capital VC (HKSE:02324) Headlines

No Headlines