Milan Station Holdings (HKSE:01150) ROCE % : -29.81% (As of Dec. 2023)

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What is Milan Station 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. Milan Station Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -29.81%.

Milan Station Holdings ROCE % Historical Data

The historical data trend for Milan Station 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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Milan Station Holdings ROCE % Chart

Milan Station Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-30.54

-2.38

17.64

-33.57

-24.57

Milan Station 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															18.64	-35.11	-32.68	-20.40	-29.81

Milan Station Holdings ROCE % Calculation

Milan Station 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 )
	=	-26.822	/	( ( (140.582 - 20.34)	+	(117.825 - 19.763) )	/ 2 )
	=	-26.822	/	( (120.242	+	98.062)	/ 2 )
	=	-26.822	/	109.152
	=	-24.57 %

Milan Station 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 )
	=	-30.508	/	( ( (131.952 - 25.337)	+	(117.825 - 19.763) )	/ 2 )
	=	-30.508	/	( ( 106.615	+	98.062 )	/ 2 )
	=	-30.508	/	102.3385
	=	-29.81 %

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

Milan Station Holdings (HKSE:01150) 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.

Milan Station Holdings ROCE % Related Terms

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Milan Station Holdings (HKSE:01150) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Milan Station Holdings Ltd (HKSE:01150) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

489-491 Castle Peak Road, Room 13, 6th Floor, Block A, Hong Kong Industrial Centre, Kowloon, Hong Kong, HKG

Website

https://www.milanstation.com.hk

Milan Station Holdings Ltd is an investment holding company engaged in the retail of handbags, fashion accessories, embellishments, and spa and wellness products. In terms of product revenue, the company earns maximum income from Handbags. Its geographical segments are Hong Kong and Macau of which the majority of its revenue comes from Hong Kong.

Executives

Chen Huaijun	2101 Beneficial owner
Yiu Kwan Tat	2101 Beneficial owner
Wei Mei Qi Ye You Xian Gong Si	2101 Beneficial owner

Milan Station Holdings (HKSE:01150) Headlines

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