Parkson Retail Group (Parkson Retail Group) ROCE % : 6.53% (As of Dec. 2023)

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What is Parkson Retail 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. Parkson Retail Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.53%.

Parkson Retail Group ROCE % Historical Data

The historical data trend for Parkson Retail 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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Parkson Retail Group ROCE % Chart

Parkson Retail Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.83

4.26

4.50

0.53

6.81

Parkson Retail Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-1.26	5.71	8.67	6.84	6.53

Parkson Retail Group ROCE % Calculation

Parkson Retail 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 )
	=	81.897	/	( ( (1656.963 - 403.936)	+	(1551.327 - 398.001) )	/ 2 )
	=	81.897	/	( (1253.027	+	1153.326)	/ 2 )
	=	81.897	/	1203.1765
	=	6.81 %

Parkson Retail 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: 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 )
	=	74.084	/	( ( (1501.509 - 387.426)	+	(1551.327 - 398.001) )	/ 2 )
	=	74.084	/	( ( 1114.083	+	1153.326 )	/ 2 )
	=	74.084	/	1133.7045
	=	6.53 %

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

Parkson Retail Group (OTCPK:PKSGY) 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.

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Parkson Retail Group (Parkson Retail Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson Retail Group Ltd (OTCPK:PKSGY) » Definitions » ROCE %

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03368:Hong Kong

Address

No. 555, Loushanguan Road, 5th Floor, Metro Plaza, Changning District, Shanghai, CHN, 200051

Website

http://www.parksongroup.com.cn

Parkson Retail Group Ltd is engaged in departmental store operations. It manages a diversified collection of retail formats - including department stores, shopping malls, city outlets, supermarkets, and food & beverage outlets. The Group has one major operating segment: Retail. It operates mainly in the PRC.

Parkson Retail Group (Parkson Retail Group) Headlines

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