Water Oasis Group (HKSE:01161) ROCE % : 29.01% (As of Sep. 2023)

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What is Water Oasis 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. Water Oasis Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 29.01%.

Water Oasis Group ROCE % Historical Data

The historical data trend for Water Oasis 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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Water Oasis Group ROCE % Chart

Water Oasis Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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41.98

13.76

51.02

19.73

29.88

Water Oasis Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															63.36	16.77	24.40	30.21	29.01

Water Oasis Group ROCE % Calculation

Water Oasis Group'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 )
	=	149	/	( ( (1261.16 - 751.209)	+	(1222.76 - 735.448) )	/ 2 )
	=	149	/	( (509.951	+	487.312)	/ 2 )
	=	149	/	498.6315
	=	29.88 %

Water Oasis Group'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: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	144.29	/	( ( (1226.973 - 719.409)	+	(1222.76 - 735.448) )	/ 2 )
	=	144.29	/	( ( 507.564	+	487.312 )	/ 2 )
	=	144.29	/	497.438
	=	29.01 %

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

Water Oasis Group (HKSE:01161) 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.

Water Oasis Group ROCE % Related Terms

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Water Oasis Group (HKSE:01161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Water Oasis Group Ltd (HKSE:01161) » Definitions » ROCE %

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WOSSF:USA

Address

280 Gloucester Road, Causeway Bay, 18th Floor, World Trade Centre, Hong Kong, HKG

Website

https://www.wateroasis.com.hk

Water Oasis Group Ltd provides beauty and related wellness services. It provides general, specialist, and medical beauty services to high-end, mid-range, and mass-market consumer sectors for men and women. The firm operates through two business segments. The Product segment is mainly engaged in the retailing of skincare products under the brand names of h2o+, Erno Laszlo, and Glycel. The Services segment is engaged in the provision of services in beauty centers, spas, and medical beauty centers mainly under the brand names of Oasis Spa, Oasis Beauty, and Oasis Homme. It generates a majority of its revenue from the service segment. Geographically, the company generates a majority of its revenue from Hong Kong and Macau.

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