SY Holdings Group (HKSE:06069) ROCE % : 11.71% (As of Dec. 2023)

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What is SY Holdings Group 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. SY Holdings Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.71%.

SY Holdings Group ROCE % Historical Data

The historical data trend for SY Holdings Group'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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SY Holdings Group ROCE % Chart

SY Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.36

18.98

14.84

9.88

13.27

SY Holdings Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial												16.43	12.19	9.26	13.91	11.71

SY Holdings Group ROCE % Calculation

SY Holdings Group'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 )
	=	852.535	/	( ( (12706.493 - 6080.135)	+	(12927.994 - 6706.055) )	/ 2 )
	=	852.535	/	( (6626.358	+	6221.939)	/ 2 )
	=	852.535	/	6424.1485
	=	13.27 %

SY Holdings Group'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 )
	=	766.558	/	( ( (12253.806 - 5386.622)	+	(12927.994 - 6706.055) )	/ 2 )
	=	766.558	/	( ( 6867.184	+	6221.939 )	/ 2 )
	=	766.558	/	6544.5615
	=	11.71 %

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

SY Holdings Group (HKSE:06069) 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.

SY Holdings Group ROCE % Related Terms

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SY Holdings Group (HKSE:06069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SY Holdings Group Ltd (HKSE:06069) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048

Website

https://www.syholdings.com

SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.

Executives

Tung Chi Fung	2307 Founder of a discretionary trust who can infl
Eander Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Wisdom Cosmos Limited	2101 Beneficial owner
Xitong International Holdings (hk) Limited	2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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