Health and Happiness (H&H) International Holdings (FRA:8BI) ROCE %

: 6.79% (As of Dec. 2023)

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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. Health and Happiness (H&H) International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.79%.

Health and Happiness (H&H) International Holdings ROCE % Historical Data

The historical data trend for Health and Happiness (H&H) 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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Health and Happiness (H&H) International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

15.90

13.76

8.55

10.53

12.31

Health and Happiness (H&H) 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 %																5.10	12.28	8.06	15.41	6.79

Health and Happiness (H&H) International Holdings ROCE % Calculation

Health and Happiness (H&H) 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 )
	=	223.619	/	( ( (2838.489 - 695.287)	+	(2573.946 - 1084.083) )	/ 2 )
	=	223.619	/	( (2143.202	+	1489.863)	/ 2 )
	=	223.619	/	1816.5325
	=	12.31 %

Health and Happiness (H&H) 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 )
	=	121.714	/	( ( (2754.885 - 657.66)	+	(2573.946 - 1084.083) )	/ 2 )
	=	121.714	/	( ( 2097.225	+	1489.863 )	/ 2 )
	=	121.714	/	1793.544
	=	6.79 %

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

Health and Happiness (H&H) International Holdings (FRA:8BI) 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.

Health and Happiness (H&H) International Holdings ROCE % Related Terms

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Health and Happiness (H&H) International Holdings (FRA:8BI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Health and Happiness (H&H) International Holdings Ltd (FRA:8BI) » Definitions » ROCE %

Traded in Other Exchanges

01112:Hong Kong

Address

18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.hh.global

Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (FRA:8BI) Headlines

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