Jiahua Stores Holdings (HKSE:00602) ROCE % : -29.21% (As of Dec. 2023)

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What is Jiahua Stores 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. Jiahua Stores Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -29.21%.

Jiahua Stores Holdings ROCE % Historical Data

The historical data trend for Jiahua Stores 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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Jiahua Stores Holdings ROCE % Chart

Jiahua Stores Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.22

-14.82

-6.73

-8.46

-15.60

Jiahua Stores 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															-11.84	-1.29	-17.42	-3.55	-29.21

Jiahua Stores Holdings ROCE % Calculation

Jiahua Stores 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 )
	=	-119.739	/	( ( (1089.778 - 268.083)	+	(981.53 - 267.825) )	/ 2 )
	=	-119.739	/	( (821.695	+	713.705)	/ 2 )
	=	-119.739	/	767.7
	=	-15.60 %

Jiahua Stores 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 )
	=	-211.798	/	( ( (970.219 - 233.867)	+	(981.53 - 267.825) )	/ 2 )
	=	-211.798	/	( ( 736.352	+	713.705 )	/ 2 )
	=	-211.798	/	725.0285
	=	-29.21 %

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

Jiahua Stores Holdings (HKSE:00602) 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.

Jiahua Stores Holdings ROCE % Related Terms

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Jiahua Stores Holdings (HKSE:00602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jiahua Stores Holdings Ltd (HKSE:00602) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 2146 Xinhu Road, 4th Floor, Jiahua Ming Yuan, Baoan Central District, Shenzhen, CHN, 518101

Website

http://www.szbjh.com

Jiahua Stores Holdings Ltd operates large scale chain stores. The company's main activity includes operation and management of retail stores and provision of financing services. It mainly operates retail stores in Guangdong and Guangxi of China.

Jiahua Stores Holdings (HKSE:00602) Headlines

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