Grown Up Group Investment Holdings (HKSE:01842) ROCE % : -1.27% (As of Jun. 2023)

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What is Grown Up Group Investment 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. Grown Up Group Investment Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -1.27%.

Grown Up Group Investment Holdings ROCE % Historical Data

The historical data trend for Grown Up Group Investment 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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Grown Up Group Investment Holdings ROCE % Chart

Grown Up Group Investment Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-19.66

4.56

6.38

3.31

2.93

Grown Up Group Investment Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-2.18	-10.28	15.73	-1.27	7.21

Grown Up Group Investment Holdings ROCE % Calculation

Grown Up Group Investment 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 )
	=	4.03	/	( ( (228.883 - 122.948)	+	(275.875 - 138.463) )	/ 2 )
	=	4.03	/	( (105.935	+	137.412)	/ 2 )
	=	4.03	/	121.6735
	=	3.31 %

Grown Up Group Investment 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 )
	=	-1.726	/	( ( (275.875 - 138.463)	+	(232.144 - 98.667) )	/ 2 )
	=	-1.726	/	( ( 137.412	+	133.477 )	/ 2 )
	=	-1.726	/	135.4445
	=	-1.27 %

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

Grown Up Group Investment Holdings (HKSE:01842) 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.

Grown Up Group Investment Holdings ROCE % Related Terms

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Grown Up Group Investment Holdings (HKSE:01842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grown Up Group Investment Holdings Ltd (HKSE:01842) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Ting Kok Road, Tai Po, Flat D, 7th Floor, Block 2, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.grown-up-europe.com

Grown Up Group Investment Holdings Ltd is engaged in the manufacturing and sale of backpack and luggage. The backpack and luggage products are categorized into private label products and branded products covering licensed brand products. These products catered to kid, teen, sports, leisure, business, travel, and technical segments. It operates in The private label products segment products are produced and sold under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) businesses to the brand owners or their licensees. The branded label products segment products branded under the Group's proprietary Ellehammer brand as well as the licensed brands, distributed through the Group's sales network.

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