Kingmaker Footwear Holdings (Kingmaker Footwear Holdings) ROCE % : 4.09% (As of Sep. 2023)

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What is Kingmaker Footwear 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. Kingmaker Footwear Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 4.09%.

Kingmaker Footwear Holdings ROCE % Historical Data

The historical data trend for Kingmaker Footwear 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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Kingmaker Footwear Holdings ROCE % Chart

Kingmaker Footwear Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.49

-6.17

6.45

-2.48

3.80

Kingmaker Footwear Holdings 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															-3.75	-1.21	3.16	4.58	4.09

Kingmaker Footwear Holdings ROCE % Calculation

Kingmaker Footwear Holdings'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 )
	=	6.429	/	( ( (211.859 - 41.512)	+	(202.321 - 34.641) )	/ 2 )
	=	6.429	/	( (170.347	+	167.68)	/ 2 )
	=	6.429	/	169.0135
	=	3.80 %

Kingmaker Footwear 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: 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 )
	=	6.826	/	( ( (202.321 - 34.641)	+	(195.739 - 29.766) )	/ 2 )
	=	6.826	/	( ( 167.68	+	165.973 )	/ 2 )
	=	6.826	/	166.8265
	=	4.09 %

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

Kingmaker Footwear Holdings (OTCPK:KMSWF) 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.

Kingmaker Footwear Holdings ROCE % Related Terms

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Kingmaker Footwear Holdings (Kingmaker Footwear Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kingmaker Footwear Holdings Ltd (OTCPK:KMSWF) » Definitions » ROCE %

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01170:Hong Kong

Address

17-19 Chatham Road South, 17th Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

http://www.kingmaker-footwear.com

Kingmaker Footwear Holdings Ltd is a Hong Kong-based company involved in the footwear business. The company focuses on the production of athletic, lifestyle shoes, rugged footwear, and children's shoes. The firm has two operating segments, Manufacturing and sale of footwear products; and Property Investment. It derives a majority of its revenue from the Manufacturing and sale of footwear products. Geographically, the group has a business presence in the United States Asia, Europe, and Other countries, the firm generates the majority of its revenue from the United States.

Kingmaker Footwear Holdings (Kingmaker Footwear Holdings) Headlines

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