Elife Holdings (HKSE:00223) ROCE % : -85.72% (As of Mar. 2024)

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What is Elife 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. Elife Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -85.72%.

Elife Holdings ROCE % Historical Data

The historical data trend for Elife 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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Elife Holdings ROCE % Chart

Elife Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-86.71

-34.72

-63.60

-53.48

-50.05

Elife Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															-104.05	-53.21	-60.95	-23.35	-85.72

Elife Holdings ROCE % Calculation

Elife Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-23.391	/	( ( (78.15 - 38.923)	+	(255.659 - 201.409) )	/ 2 )
	=	-23.391	/	( (39.227	+	54.25)	/ 2 )
	=	-23.391	/	46.7385
	=	-50.05 %

Elife Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	-38.146	/	( ( (97.336 - 62.585)	+	(255.659 - 201.409) )	/ 2 )
	=	-38.146	/	( ( 34.751	+	54.25 )	/ 2 )
	=	-38.146	/	44.5005
	=	-85.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 2024) EBIT data.

Elife Holdings (HKSE:00223) 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.

Elife Holdings ROCE % Related Terms

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Elife Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Elife Holdings Ltd (HKSE:00223) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Cyberport Road, Cyberport 3, Unit 806, Level 8, Core D, Hong Kong, HKG

Website

http://www.elife.com.hk

Elife Holdings Ltd is an investment holding company. Its operating segment includes Supply chain business, Daily cleaning, anti-epidemic and other consumable products business, and Licensed branded consumer goods. It generates maximum revenue from the Supply chain business segment. The Supply chain business segment includes being engaged in the comprehensive supply chain business for branded goods, consumer products, and commodities, assisting brand suppliers in expanding their sales channels, and offering various value-added services such as brand promotion building and management. Geographically, it derives a majority of its revenue from the PRC.

Executives

China Innovation Investment Limited	2101 Beneficial owner
Zhao Zhenzhong	2101 Beneficial owner
Liu Qiuhua	2101 Beneficial owner
Gao Feng	2101 Beneficial owner
Zhu Qian	2101 Beneficial owner
Zhu Qian	2101 Beneficial owner

Elife Holdings Headlines

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