Beach Hatchery (DHA:BEACHHATCH) ROCE % : 38.01% (As of Dec. 2023)

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What is Beach Hatchery 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. Beach Hatchery's annualized ROCE % for the quarter that ended in Dec. 2023 was 38.01%.

Beach Hatchery ROCE % Historical Data

The historical data trend for Beach Hatchery'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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Beach Hatchery ROCE % Chart

Beach Hatchery Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-2.28

-2.06

-0.82

4.48

12.85

Beach Hatchery Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															16.93	15.84	-	21.40	38.01

Beach Hatchery ROCE % Calculation

Beach Hatchery's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	56.661	/	( ( (501.524 - 78.887)	+	(521.362 - 62.038) )	/ 2 )
	=	56.661	/	( (422.637	+	459.324)	/ 2 )
	=	56.661	/	440.9805
	=	12.85 %

Beach Hatchery'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 )
	=	188.496	/	( ( (546.07 - 68.208)	+	(587.404 - 73.52) )	/ 2 )
	=	188.496	/	( ( 477.862	+	513.884 )	/ 2 )
	=	188.496	/	495.873
	=	38.01 %

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

Beach Hatchery (DHA:BEACHHATCH) 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.

Beach Hatchery ROCE % Related Terms

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Beach Hatchery (DHA:BEACHHATCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beach Hatchery Ltd (DHA:BEACHHATCH) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

113, Kazi Nazrul lslam Avenue, Concord Tower, 9th floor, Bangla Motor, Dhaka, BGD, 1000

Website

https://www.bhlbd.net

Beach Hatchery Ltd is engaged in the production of shrimp fry for selling it in local markets. The company has its factory located in Moheshkhalipara, Teknaf Sea beach, Teknaf, Cox's Bazar, Bangladesh. It produces shrimp fry in 6-7 cycles.

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