EDICO Holdings (HKSE:08450) ROCE % : -17.45% (As of Sep. 2023)

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What is EDICO 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. EDICO Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -17.45%.

EDICO Holdings ROCE % Historical Data

The historical data trend for EDICO 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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EDICO Holdings ROCE % Chart

EDICO Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-14.64

16.67

-1.81

-5.69

-10.17

EDICO Holdings 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															-1.24	-14.10	-27.22	17.12	-17.45

EDICO Holdings ROCE % Calculation

EDICO Holdings'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 )
	=	-6.937	/	( ( (105.777 - 29.587)	+	(90.054 - 29.86) )	/ 2 )
	=	-6.937	/	( (76.19	+	60.194)	/ 2 )
	=	-6.937	/	68.192
	=	-10.17 %

EDICO Holdings'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 )
	=	-10.504	/	( ( (0 - 0)	+	(90.054 - 29.86) )	/ 1 )
	=	-10.504	/	( ( 0	+	60.194 )	/ 1 )
	=	-10.504	/	60.194
	=	-17.45 %

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

EDICO Holdings (HKSE:08450) 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.

EDICO Holdings ROCE % Related Terms

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EDICO Holdings (HKSE:08450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » EDICO Holdings Ltd (HKSE:08450) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pedder Street, 8th Floor, Wheelock House, Central, Hong Kong, HKG

Website

https://www.edico.com.hk

EDICO Holdings Ltd is an investment holding company that is engaged in the provision of financial printing services. The company offers integrated services that include typesetting & proofreading, translation, design, printing & binding, distribution, and media placement. It offers documents that encompass corporate financial transactions including Listing-related documents, Periodical reporting documents, Compliance documents, and Miscellaneous and marketing collaterals. All of its revenue is generated from Hong Kong.

Executives

Achiever Choice Limited	2101 Beneficial owner
Yuen Sin Yee Claudia	2101 Beneficial owner
Chan Tsang Tieh	2201 Interest of corporation controlled by you

EDICO Holdings (HKSE:08450) Headlines

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