Best Pacific International Holdings (HKSE:02111) ROCE % : 16.28% (As of Dec. 2023)

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What is Best Pacific International 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. Best Pacific International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.28%.

Best Pacific International Holdings ROCE % Historical Data

The historical data trend for Best Pacific International 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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Best Pacific International Holdings ROCE % Chart

Best Pacific International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.65

9.91

12.50

10.38

13.83

Best Pacific International 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															14.20	10.87	9.62	11.31	16.28

Best Pacific International Holdings ROCE % Calculation

Best Pacific International 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 )
	=	501.569	/	( ( (6272.656 - 2900.945)	+	(5983.396 - 2102.501) )	/ 2 )
	=	501.569	/	( (3371.711	+	3880.895)	/ 2 )
	=	501.569	/	3626.303
	=	13.83 %

Best Pacific International 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 )
	=	608.89	/	( ( (5756.47 - 2155.634)	+	(5983.396 - 2102.501) )	/ 2 )
	=	608.89	/	( ( 3600.836	+	3880.895 )	/ 2 )
	=	608.89	/	3740.8655
	=	16.28 %

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

Best Pacific International Holdings (HKSE:02111) 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.

Best Pacific International Holdings ROCE % Related Terms

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Best Pacific International Holdings (HKSE:02111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Best Pacific International Holdings Ltd (HKSE:02111) » Definitions » ROCE %

Traded in Other Exchanges

NWQ:Germany

Address

Xinsha Port Industrial Park, Machong Town, Dongguan, CHN

Website

http://www.bestpacific.com

Best Pacific International Holdings Ltd is a textile manufacturing company. The company, along with its subsidiaries, is a lingerie materials manufacturer that provides one-stop solutions through its comprehensive product line of both lingerie materials and sportswear materials. Its segments are the Manufacturing and trading of elastic fabric and lace and the Manufacturing and trading of elastic webbing. Manufacturing and trading of elastic fabric and lace segments derive maximum revenue for the company. The company's operations are spread across Hong Kong and the People's Republic of China.

Executives

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
Zhang Haitao	2202 Interest of your spouse
Zheng Tingting	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Mega Brilliant Enterprises Limited	2101 Beneficial owner
Fidelity Puritan Trust	2101 Beneficial owner
Lu Yuguang

Best Pacific International Holdings (HKSE:02111) Headlines

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