Pak Tak International (HKSE:02668) ROCE % : -45.32% (As of Dec. 2023)

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What is Pak Tak International 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. Pak Tak International's annualized ROCE % for the quarter that ended in Dec. 2023 was -45.32%.

Pak Tak International ROCE % Historical Data

The historical data trend for Pak Tak International'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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Pak Tak International ROCE % Chart

Pak Tak International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.73

12.32

7.31

2.19

-31.46

Pak Tak International Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															0.64	13.99	-10.23	-19.46	-45.32

Pak Tak International ROCE % Calculation

Pak Tak International'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 )
	=	-174.383	/	( ( (1327.807 - 668.904)	+	(948.24 - 498.67) )	/ 2 )
	=	-174.383	/	( (658.903	+	449.57)	/ 2 )
	=	-174.383	/	554.2365
	=	-31.46 %

Pak Tak International'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 )
	=	-229.738	/	( ( (1083.452 - 519.177)	+	(948.24 - 498.67) )	/ 2 )
	=	-229.738	/	( ( 564.275	+	449.57 )	/ 2 )
	=	-229.738	/	506.9225
	=	-45.32 %

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

Pak Tak International (HKSE:02668) 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.

Pak Tak International ROCE % Related Terms

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Pak Tak International (HKSE:02668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pak Tak International Ltd (HKSE:02668) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 89 Queensway, Unit 1902, 19th Floor, Tower 2, Lippo Centre, Hong Kong, HKG

Website

http://www.paktakintl.com

Pak Tak International Ltd is an investment holding company. The company and its subsidiaries are engaged in operating in four business segments; the Money lending business segment, the Hotel management and catering segment, the Leasing business segment, and the Supply chain business segment. Geographically, it derives a majority of its revenue from the People's Republic of China.

Executives

Liao Nangang	2201 Interest of corporation controlled by you
Massive Thriving Limited	2101 Beneficial owner
Tengyue Holding Limited	2101 Beneficial owner
Wang Jian	2201 Interest of corporation controlled by you
Beyond Glory Holdings Limited	2201 Interest of corporation controlled by you
Great Sphere Developments Limited	2201 Interest of corporation controlled by you
Renze Harvest International Limited	2201 Interest of corporation controlled by you
Glory Sun Financial Holdings Limited	2201 Interest of corporation controlled by you
Glory Sun Securities Limited	2101 Beneficial owner
Golden Affluent Limited	2201 Interest of corporation controlled by you
Proficient Power Limited	2201 Interest of corporation controlled by you
Massive Thriving Limited	2101 Beneficial owner
Bao Xin Development Limited	2201 Interest of corporation controlled by you
Glory Sun Financial Group Limited	2201 Interest of corporation controlled by you
Tinmark Development Limited	2201 Interest of corporation controlled by you

Pak Tak International (HKSE:02668) Headlines

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