Goodbaby International Holdings (HKSE:01086) ROCE % : 7.95% (As of Dec. 2023)

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What is Goodbaby International 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. Goodbaby International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.95%.

Goodbaby International Holdings ROCE % Historical Data

The historical data trend for Goodbaby International 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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Goodbaby International Holdings ROCE % Chart

Goodbaby International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.20

5.78

2.45

1.59

5.68

Goodbaby International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															0.85	0.88	2.33	3.24	7.95

Goodbaby International Holdings ROCE % Calculation

Goodbaby International Holdings'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 )
	=	411.982	/	( ( (11714.695 - 3388.353)	+	(11373.454 - 5184.232) )	/ 2 )
	=	411.982	/	( (8326.342	+	6189.222)	/ 2 )
	=	411.982	/	7257.782
	=	5.68 %

Goodbaby International 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: 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 )
	=	560.912	/	( ( (11271.501 - 3343.84)	+	(11373.454 - 5184.232) )	/ 2 )
	=	560.912	/	( ( 7927.661	+	6189.222 )	/ 2 )
	=	560.912	/	7058.4415
	=	7.95 %

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

Goodbaby International Holdings (HKSE:01086) 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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Goodbaby International Holdings (HKSE:01086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Goodbaby International Holdings Ltd (HKSE:01086) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GBH:Germany

Address

28 East Lufeng Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331

Website

https://www.gbinternational.com.hk

Goodbaby International Holdings Ltd is an investment holding company principally engaged in the manufacture and distribution of products for children. The company has four reportable segments namely Strollers and accessories, Car seats and accessories, Non-durable products, and Others. It derives maximum revenue from the Strollers and accessories segment. Geographically, it generates the majority of its revenue from Mainland China and also has a presence in European, North America, and Other Countries. The company's own-branded products, which contribute the majority of company revenue, include Evenflo, Cybex, and Happy Dino.

Goodbaby International Holdings (HKSE:01086) Headlines

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