Asia-Pac Financial Investment Co (HKSE:08193) ROCE % : -21.89% (As of Sep. 2023)

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What is Asia-Pac Financial Investment Co 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. Asia-Pac Financial Investment Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -21.89%.

Asia-Pac Financial Investment Co ROCE % Historical Data

The historical data trend for Asia-Pac Financial Investment Co'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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Asia-Pac Financial Investment Co ROCE % Chart

Asia-Pac Financial Investment Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-18.71

-50.62

-0.46

-26.17

-26.39

Asia-Pac Financial Investment Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															84.99	-70.95	-112.86	-27.92	-21.89

Asia-Pac Financial Investment Co ROCE % Calculation

Asia-Pac Financial Investment Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-36.309	/	( ( (197.41 - 42.063)	+	(161.957 - 42.174) )	/ 2 )
	=	-36.309	/	( (155.347	+	119.783)	/ 2 )
	=	-36.309	/	137.565
	=	-26.39 %

Asia-Pac Financial Investment Co'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-22.636	/	( ( (0 - 0)	+	(148.709 - 45.318) )	/ 1 )
	=	-22.636	/	( ( 0	+	103.391 )	/ 1 )
	=	-22.636	/	103.391
	=	-21.89 %

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

Asia-Pac Financial Investment Co (HKSE:08193) 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.

Asia-Pac Financial Investment Co ROCE % Related Terms

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Asia-Pac Financial Investment Co (HKSE:08193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Asia-Pac Financial Investment Co Ltd (HKSE:08193) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, Room 304, 3rd Floor Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.gca.com.hk

Asia-Pac Financial Investment Co Ltd is a Hong Kong-based company with four reporting segments. The asset advisory services and asset appraisal segment offers asset appraisal and advisory services for a wide range of asset classes, and it contributes the majority of revenue. The corporate services and consultancy segment offers advice to corporations in a wide range of areas, such as corporate governance and enterprise risk management. The media advertising segment offers media advertising business services. The financial services segment comprises financial credit services, trading and exchanging services, and consultancy or agency services.

Executives

Ip Kwok Kwong	2101 Beneficial owner
Brilliant One Holdings Limited	2101 Beneficial owner
Gc Holdings Limited	2201 Interest of corporation controlled by you
Laberie Holdings Limited	2101 Beneficial owner
Seec Media Group Limited	2201 Interest of corporation controlled by you
Zhong Ou Sheng Shi Zi Chan Guan Li Shang Hai You Xian Gong Si	2301 Trustee

Asia-Pac Financial Investment Co (HKSE:08193) Headlines

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