Best Mart 360 Holdings (HKSE:02360) ROCE % : 49.93% (As of Jun. 2024)

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What is Best Mart 360 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 Mart 360 Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 49.93%.

Best Mart 360 Holdings ROCE % Historical Data

The historical data trend for Best Mart 360 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 Mart 360 Holdings ROCE % Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dec24

ROCE %

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5.98

22.57

27.88

43.56

50.99

Best Mart 360 Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial											36.56	52.68	45.82	49.93	49.40

Best Mart 360 Holdings ROCE % Calculation

Best Mart 360 Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	248.921	/	( ( (900.153 - 349.412)	+	(937.627 - 345.427) )	/ 2 )
	=	248.921	/	( (550.741	+	592.2)	/ 2 )
	=	248.921	/	571.4705
	=	43.56 %

Best Mart 360 Holdings'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: Sep. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Sep. 2023 )		(Q: Jun. 2024 )
	=	312.896	/	( ( (1112.986 - 500.742)	+	(1028.031 - 386.883) )	/ 2 )
	=	312.896	/	( ( 612.244	+	641.148 )	/ 2 )
	=	312.896	/	626.696
	=	49.93 %

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

Best Mart 360 Holdings (HKSE:02360) 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.

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Best Mart 360 Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating a chain of retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, confectioneries, packaged bakery products and snacks, nuts and dried fruits, grain and other miscellaneous food products, and household, and personal care products in Hong Kong, Macau, and Mainland China. The company generates the majority of its revenue from Hong Kong.

Executives

Sino Sea Enterprises Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Hui Chi Kwan	2201 Interest of corporation controlled by you
China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

Best Mart 360 Holdings Headlines

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