Chervon Holdings (FRA:AZ9) ROCE % : -18.30% (As of Dec. 2023)

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What is Chervon 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. Chervon Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -18.30%.

Chervon Holdings ROCE % Historical Data

The historical data trend for Chervon 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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Chervon Holdings ROCE % Chart

Chervon Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.65

23.01

31.35

17.72

-3.40

Chervon Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					23.72	18.48	15.75	11.15	-18.30

Chervon Holdings ROCE % Calculation

Chervon 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 )
	=	-36.173	/	( ( (1758.204 - 671.05)	+	(1647.285 - 608.361) )	/ 2 )
	=	-36.173	/	( (1087.154	+	1038.924)	/ 2 )
	=	-36.173	/	1063.039
	=	-3.40 %

Chervon 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 )
	=	-189.996	/	( ( (1665.257 - 627.86)	+	(1647.285 - 608.361) )	/ 2 )
	=	-189.996	/	( ( 1037.397	+	1038.924 )	/ 2 )
	=	-189.996	/	1038.1605
	=	-18.30 %

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

Chervon Holdings (FRA:AZ9) 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.

Chervon Holdings ROCE % Related Terms

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Chervon Holdings (FRA:AZ9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chervon Holdings Ltd (FRA:AZ9) » Definitions » ROCE %

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Traded in Other Exchanges

CHRHF:USA 02285:Hong Kong

Address

No. 99, Tianyuan West Road, Jiangning Economic and Technological, Development Zone, Nanjing, CHN

Website

https://global.chervongroup.com

Chervon Holdings Ltd is an investment holding company. The company and its subsidiaries are engaged in researching, developing, manufacturing, testing, sales, and after-sale services for power tools, outdoor power equipment and related products. The Company earned majority of its revenue from Sales of outdoor power equipment.

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