Pegasus International Holdings (HKSE:00676) ROCE % : 0.44% (As of Jun. 2023)

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What is Pegasus 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. Pegasus International Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.44%.

Pegasus International Holdings ROCE % Historical Data

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

Pegasus International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-39.23

0.70

-1.43

1.95

0.17

Pegasus 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															-3.04	1.21	2.73	0.44	-0.10

Pegasus International Holdings ROCE % Calculation

Pegasus International Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	14.613	/	( ( (794.367 - 42.388)	+	(775.535 - 30.371) )	/ 2 )
	=	14.613	/	( (751.979	+	745.164)	/ 2 )
	=	14.613	/	748.5715
	=	1.95 %

Pegasus International Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	3.29	/	( ( (775.535 - 30.371)	+	(785.062 - 31.575) )	/ 2 )
	=	3.29	/	( ( 745.164	+	753.487 )	/ 2 )
	=	3.29	/	749.3255
	=	0.44 %

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

Pegasus International Holdings (HKSE:00676) 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.

Pegasus International Holdings ROCE % Related Terms

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Pegasus International Holdings (HKSE:00676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pegasus International Holdings Ltd (HKSE:00676) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Tai Kok Tsui Road, Unit 1110, 11th Floor, New Kowloon Plaza, Kowloon, Hong Kong, HKG

Website

http://www.pegasusinternationalholdings.com

Pegasus International Holdings Ltd is an investment holding company. The group is engaged in the manufacture and sale of footwear products and leasing of investment properties to generate operating lease income. The majority of revenue is derived from manufacture and sale of footwear products. Geographically the business is spread across the United States, Japan, and other regions. Its footwear categories include Safety shoes, Goodyear Welt and Direct Attach Injected Dual Density PU/Rubber, PU/TPU, and PU/ PU. Its product line includes Man's shoes, Woman's shoes, and Child's shoes, Fashion casual shoes, Outdoor casual shoes, Hiking boots, Snowboard boots, Skateboard shoes, Aqua sports shoes, Athletic shoes, Sports sandals, and Golf shoes, among others.

Pegasus International Holdings (HKSE:00676) Headlines

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