International Housewares Retail Co (HKSE:01373) ROCE % : 11.74% (As of Oct. 2023)

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What is International Housewares Retail Co 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. International Housewares Retail Co's annualized ROCE % for the quarter that ended in Oct. 2023 was 11.74%.

International Housewares Retail Co ROCE % Historical Data

The historical data trend for International Housewares Retail Co'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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International Housewares Retail Co ROCE % Chart

International Housewares Retail Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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19.37

23.50

29.29

24.82

19.86

International Housewares Retail Co Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															21.42	28.34	24.54	16.18	11.74

International Housewares Retail Co ROCE % Calculation

International Housewares Retail Co's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	231.525	/	( ( (1738.76 - 612.419)	+	(1777.438 - 572.069) )	/ 2 )
	=	231.525	/	( (1126.341	+	1205.369)	/ 2 )
	=	231.525	/	1165.855
	=	19.86 %

International Housewares Retail Co's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	143.206	/	( ( (1777.438 - 572.069)	+	(1774.251 - 540.701) )	/ 2 )
	=	143.206	/	( ( 1205.369	+	1233.55 )	/ 2 )
	=	143.206	/	1219.4595
	=	11.74 %

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

International Housewares Retail Co (HKSE:01373) 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.

International Housewares Retail Co ROCE % Related Terms

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International Housewares Retail Co (HKSE:01373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » International Housewares Retail Co Ltd (HKSE:01373) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Southmark, 11 Yip Hing Street, 20th Floor, Tower B, Wong Chuk Hang, Hong Kong, HKG

Website

http://www.ihr.com.hk

International Housewares Retail Co Ltd and its subsidiaries are houseware retail chains in Hong Kong, Singapore, and Macau. The group offers houseware products through a retail network comprising stores in Hong Kong, Singapore, Macau, Cambodia, East Malaysia, Saudi Arabia and Australia under brands including Japan Home Centre, City Life, Epo gifts and stationery, 123 by ELLA, and Japan Home. The group has reportable operating segments namely Retail, Wholesales, Licensing and others. Hong Kong is the key market of the group, accounting for majorly of its total revenue. It generates the majority of its revenue from the Retail segment.

International Housewares Retail Co (HKSE:01373) Headlines

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