Gilston Group (HKSE:02011) ROCE % : 25.28% (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Gilston 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. Gilston Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 25.28%.

Gilston Group ROCE % Historical Data

The historical data trend for Gilston 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.

Gilston Group ROCE % Chart

Gilston Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-13.85

-20.21

-6.31

2.05

-32.14

Gilston Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															13.01	-7.99	6.60	-73.40	25.28

Gilston Group ROCE % Calculation

Gilston 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 )
	=	-67.378	/	( ( (305.712 - 77.512)	+	(278.103 - 87.067) )	/ 2 )
	=	-67.378	/	( (228.2	+	191.036)	/ 2 )
	=	-67.378	/	209.618
	=	-32.14 %

Gilston Group's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	52.076	/	( ( (278.103 - 87.067)	+	(346.12 - 125.084) )	/ 2 )
	=	52.076	/	( ( 191.036	+	221.036 )	/ 2 )
	=	52.076	/	206.036
	=	25.28 %

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

Gilston Group (HKSE:02011) 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.

Gilston Group ROCE % Related Terms

Thank you for viewing the detailed overview of Gilston Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gilston Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gilston Group Ltd (HKSE:02011) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nine Queen’s Road Central, Suite 10A and 10B, 15th Floor, Central, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/gilstongroup/inde

Gilston Group Ltd is specialize in zipper design, development, production and sale. It is providing high-quality zipper products and zipper-based overall solutions for customers.

Executives

China Sun Corporation	2101 Beneficial owner
Qiu Chuanzhi	2201 Interest of corporation controlled by you
Central Eagle Limited	2101 Beneficial owner
Wu Jingming	2201 Interest of corporation controlled by you
Chan Ho Yin	2501 Other
Li Kin Long Kenny	2501 Other
Yip Siu Lun Dave	2101 Beneficial owner
Golden Diamond Inc.	2101 Beneficial owner
Lin Ping	2201 Interest of corporation controlled by you
Mak Yung Pan Andrew	2201 Interest of corporation controlled by you
Zhuang Weidong	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Farco Holdings Limited	2101 Beneficial owner
Qi Wei	2201 Interest of corporation controlled by you

Gilston Group Headlines

No Headlines