Beauty Farm Medical & Health Industry (HKSE:02373) ROCE % : 24.86% (As of Dec. 2023)

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What is Beauty Farm Medical & Health Industry 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. Beauty Farm Medical & Health Industry's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.86%.

Beauty Farm Medical & Health Industry ROCE % Historical Data

The historical data trend for Beauty Farm Medical & Health Industry'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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Beauty Farm Medical & Health Industry ROCE % Chart

Beauty Farm Medical & Health Industry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

42.27

43.91

49.79

24.44

33.87

Beauty Farm Medical & Health Industry Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			44.81	12.69	40.30	38.57	24.86

Beauty Farm Medical & Health Industry ROCE % Calculation

Beauty Farm Medical & Health Industry'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 )
	=	342.44	/	( ( (2786.638 - 2131.931)	+	(3611.664 - 2244.447) )	/ 2 )
	=	342.44	/	( (654.707	+	1367.217)	/ 2 )
	=	342.44	/	1010.962
	=	33.87 %

Beauty Farm Medical & Health Industry'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 )
	=	322.29	/	( ( (3403.253 - 2177.656)	+	(3611.664 - 2244.447) )	/ 2 )
	=	322.29	/	( ( 1225.597	+	1367.217 )	/ 2 )
	=	322.29	/	1296.407
	=	24.86 %

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

Beauty Farm Medical & Health Industry (HKSE:02373) 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.

Beauty Farm Medical & Health Industry ROCE % Related Terms

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Beauty Farm Medical & Health Industry (HKSE:02373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Beauty Farm Medical & Health Industry Inc (HKSE:02373) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1089 Dongdaming Road, Unit 1206, 12th Floor, Hongkou District, Shanghai, CHN

Website

https://www.beautyfarm.com.cn

Beauty Farm Medical & Health Industry Inc is an investment holding company. The Company and its subsidiaries are principally engaged in providing beauty and health management service, including traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services in the People's Republic of China.

Executives

Li Yang	2202 Interest of your spouse
Li Fangyu	2101 Beneficial owner
Lian Songyong	2103 Interests held jointly with another person
Chen Xiaomei	2101 Beneficial owner
Trident Trust Company (hk) Limited	2201 Interest of corporation controlled by you
Shang Hai Pan Xin Yan Zhao Tou Zi Zi Xun You Xian Gong Si
Shang Hai Pan Xin Jia Ceng Tou Zi Guan Li You Xian Gong Si
Shang Hai You De Gu Quan Tou Zi Zhong Xin You Xian He Huo
Shang Hai Xin Zhi Yu Yuan Qi Ye Guan Li He Huo Qi Ye You Xian He Huo
Shang Hai Pan Nuo Qi Ye Guan Li Fu Wu You Xian Gong Si
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si
Liansy Family Holdings Limited	2201 Interest of corporation controlled by you
Lfye Management Holdings Limited	2201 Interest of corporation controlled by you

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