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Evergreen Products Group (HKSE:01962) ROCE % : 9.55% (As of Dec. 2023)


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What is Evergreen Products Group 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. Evergreen Products Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.55%.


Evergreen Products Group ROCE % Historical Data

The historical data trend for Evergreen Products Group'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.

* Premium members only.

Evergreen Products Group ROCE % Chart

Evergreen Products Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.43 0.49 8.75 9.62 9.98

Evergreen Products Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.13 7.18 12.15 10.27 9.55

Evergreen Products Group ROCE % Calculation

Evergreen Products Group'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 )
=90.616/( ( (1570.573 - 652.75) + (1631.566 - 734.054) )/ 2 )
=90.616/( (917.823+897.512)/ 2 )
=90.616/907.6675
=9.98 %

Evergreen Products Group'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 )
=86.814/( ( (1586.62 - 665.927) + (1631.566 - 734.054) )/ 2 )
=86.814/( ( 920.693 + 897.512 )/ 2 )
=86.814/909.1025
=9.55 %

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

* 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.


Evergreen Products Group  (HKSE:01962) 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.


Evergreen Products Group ROCE % Related Terms

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Evergreen Products Group (HKSE:01962) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.
Executives
Seavi Advent Investments Ltd 2101 Beneficial owner
Clc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited 2101 Beneficial owner
Fc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Golden Evergreen Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Chang Yoe Chong Felix 2101 Beneficial owner
Wong Hor Yan 2202 Interest of your spouse
Chang Chih Lung 2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc 2102 Investment manager

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