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Cosmo Lady (China) Holdings Co (HKSE:02298) ROCE % : 10.92% (As of Jun. 2024)


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What is Cosmo Lady (China) Holdings 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. Cosmo Lady (China) Holdings Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 10.92%.


Cosmo Lady (China) Holdings Co ROCE % Historical Data

The historical data trend for Cosmo Lady (China) Holdings 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.

* Premium members only.

Cosmo Lady (China) Holdings Co ROCE % Chart

Cosmo Lady (China) Holdings Co 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 -38.30 -2.46 -15.01 2.77 3.42

Cosmo Lady (China) Holdings Co 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 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 Premium Member Only Premium Member Only 4.49 1.11 4.06 2.78 10.92

Cosmo Lady (China) Holdings Co ROCE % Calculation

Cosmo Lady (China) Holdings Co'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 )
=85.529/( ( (3888.136 - 1435.307) + (4173.332 - 1620.408) )/ 2 )
=85.529/( (2452.829+2552.924)/ 2 )
=85.529/2502.8765
=3.42 %

Cosmo Lady (China) Holdings Co'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 )
=275.652/( ( (4173.332 - 1620.408) + (4132.327 - 1634.834) )/ 2 )
=275.652/( ( 2552.924 + 2497.493 )/ 2 )
=275.652/2525.2085
=10.92 %

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


Cosmo Lady (China) Holdings Co  (HKSE:02298) 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.


Cosmo Lady (China) Holdings Co ROCE % Related Terms

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Cosmo Lady (China) Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Fenggang Tianan Digital City, Building N1, Fenggang Town, Guangdong, Dongguan, CHN
Cosmo Lady (China) Holdings Co Ltd manufactures intimate wear apparel such as bras, underpants, sleepwear, loungewear, and thermal clothes. The company targets both the mass market and the high-end market with its brands that include Cosmo, Secret of City Beauty, Freeday, Mayajia, Ordifen, Rubii, and Ilsee. More than half of the company's sales are to franchisees that operate company outlet stores. The remaining sales are direct to consumers through Cosmo's self-managed company outlets and e-commerce sales. Women's apparel accounts for the vast majority of the company's total sales, and all sales are generated in China.
Executives
Zheng Yaonan 2202 Interest of your spouse
Wu Xiaoli 2101 Beneficial owner
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner
Tmf (cayman) Ltd. 2301 Trustee
Cai Shaoru 2202 Interest of your spouse
Forever Flourish International Holdings Limited 2101 Beneficial owner
Zhang Shengfeng 2201 Interest of corporation controlled by you
Lin Zonghong 2101 Beneficial owner
Cai Jingqin 2202 Interest of your spouse
Hong Ye Asset Holdings Limited 2201 Interest of corporation controlled by you
Great Brilliant Investment Holdings Limited 2201 Interest of corporation controlled by you
Forever Shine Holdings Limited 2101 Beneficial owner

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