Pacific Textiles Holdings (HKSE:01382) ROCE % : 9.22% (As of Sep. 2024)

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What is Pacific Textiles 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. Pacific Textiles Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.22%.

Pacific Textiles Holdings ROCE % Historical Data

The historical data trend for Pacific Textiles 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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Pacific Textiles Holdings ROCE % Chart

Pacific Textiles Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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26.42

25.09

18.16

10.42

7.90

Pacific Textiles 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															17.13	3.65	11.32	4.73	9.22

Pacific Textiles Holdings ROCE % Calculation

Pacific Textiles 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 )
	=	263.086	/	( ( (5529.317 - 2190.965)	+	(5565.971 - 2248.121) )	/ 2 )
	=	263.086	/	( (3338.352	+	3317.85)	/ 2 )
	=	263.086	/	3328.101
	=	7.90 %

Pacific Textiles 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 )
	=	306.412	/	( ( (5565.971 - 2248.121)	+	(5563.295 - 2235.277) )	/ 2 )
	=	306.412	/	( ( 3317.85	+	3328.018 )	/ 2 )
	=	306.412	/	3322.934
	=	9.22 %

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

Pacific Textiles Holdings (HKSE:01382) 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.

Pacific Textiles Holdings ROCE % Related Terms

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Pacific Textiles Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pacific Textiles Holdings Ltd (HKSE:01382) » Definitions » ROCE %

Traded in Other Exchanges

WHE:Germany

Address

48-56 Tai Lin Pai Road, Unit B1, 7th Floor, Block B, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.pacific-textiles.com

Pacific Textiles Holdings Ltd is an investment holding company. The company along with its subsidiaries, is engaged in the manufacturing and trading of textile products including cotton and synthetic knitted fabrics. Geographically, it derives a majority of its revenue from Vietnam and also has a presence in the People's Republic of China, Hong Kong, America, Sri Lanka, India, Haiti, Africa, Bangladesh, and other countries.

Executives

Toray Industries,inc.
Webb David Michael	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Lam Wing Tak	2307 Founder of a discretionary trust who can infl
Wong Bik Ha	2307 Founder of a discretionary trust who can infl

Pacific Textiles Holdings Headlines

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