Bosa Technology Holdings (HKSE:08140) ROCE % : 21.37% (As of Dec. 2023)

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What is Bosa Technology 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. Bosa Technology Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 21.37%.

Bosa Technology Holdings ROCE % Historical Data

The historical data trend for Bosa Technology 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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Bosa Technology Holdings ROCE % Chart

Bosa Technology Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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4.74

12.17

27.12

22.46

19.10

Bosa Technology Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															19.85	23.21	8.86	24.00	21.37

Bosa Technology Holdings ROCE % Calculation

Bosa Technology Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	26.017	/	( ( (155.286 - 28.434)	+	(169.175 - 23.542) )	/ 2 )
	=	26.017	/	( (126.852	+	145.633)	/ 2 )
	=	26.017	/	136.2425
	=	19.10 %

Bosa Technology 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	34.232	/	( ( (0 - 0)	+	(183.189 - 23.02) )	/ 1 )
	=	34.232	/	( ( 0	+	160.169 )	/ 1 )
	=	34.232	/	160.169
	=	21.37 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Bosa Technology Holdings (HKSE:08140) 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.

Bosa Technology Holdings ROCE % Related Terms

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Bosa Technology Holdings (HKSE:08140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bosa Technology Holdings Ltd (HKSE:08140) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 55 King Yip Street, Room D, 29th Floor, King Palace Plaza, Kwun Tong Kowloon, Hong Kong, HKG

Website

https://www.bosa-tech.com

Bosa Technology Holdings Ltd is an investment holding company, and the principal activity of its subsidiaries is to provide mechanical splicing services to the reinforced concrete construction industry in Hong Kong. Its mechanical splicing services include two elements: Processing reinforcing bars and Connecting reinforcing bars by couplers. The company provides two types of reinforcing bars processing services: Servisplice and the Seisplice.

Bosa Technology Holdings (HKSE:08140) Headlines

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