Four Seas Mercantile Holdings (HKSE:00374) ROCE % : 7.84% (As of Sep. 2024)

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What is Four Seas Mercantile 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. Four Seas Mercantile Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 7.84%.

Four Seas Mercantile Holdings ROCE % Historical Data

The historical data trend for Four Seas Mercantile 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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Four Seas Mercantile Holdings ROCE % Chart

Four Seas Mercantile Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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2.00

4.76

3.87

3.58

6.50

Four Seas Mercantile Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															7.18	-0.05	8.18	4.81	7.84

Four Seas Mercantile Holdings ROCE % Calculation

Four Seas Mercantile 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 )
	=	95.578	/	( ( (3244.07 - 1752.086)	+	(2928.143 - 1478.803) )	/ 2 )
	=	95.578	/	( (1491.984	+	1449.34)	/ 2 )
	=	95.578	/	1470.662
	=	6.50 %

Four Seas Mercantile Holdings's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	112.05	/	( ( (2928.143 - 1478.803)	+	(2942.56 - 1533.784) )	/ 2 )
	=	112.05	/	( ( 1449.34	+	1408.776 )	/ 2 )
	=	112.05	/	1429.058
	=	7.84 %

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

Four Seas Mercantile Holdings (HKSE:00374) 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.

Four Seas Mercantile Holdings ROCE % Related Terms

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Four Seas Mercantile Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Four Seas Mercantile Holdings Ltd (HKSE:00374) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23 Wang Tai Road, 21st Floor, Manhattan Place, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

http://www.fourseasgroup.com.hk

Four Seas Mercantile Holdings Ltd is an investment holding company. The company's geographical segment includes Hong Kong; Mainland China and Japan. It generates maximum revenue from Hong Kong. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery and beverages, and providing catering services in Hong Kong.

Executives

Special Access Limited
Careful Guide Limited
Advance Finance Investments Limited
Capital Season Investments Limited
Hong Kong Food Investment Holdings Limited
Tai Tak Fung
Wu Mei Yung
Manureen Holdings Limited	2101 Beneficial owner
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse

Four Seas Mercantile Holdings Headlines

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