Zibuyu Group (HKSE:02420) ROCE % : -77.81% (As of Dec. 2023)

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What is Zibuyu 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. Zibuyu Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -77.81%.

Zibuyu Group ROCE % Historical Data

The historical data trend for Zibuyu 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.

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Zibuyu Group ROCE % Chart

Zibuyu Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

129.47

116.24

85.31

22.29

-35.43

Zibuyu Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			52.77	35.59	19.16	3.80	-77.81

Zibuyu Group ROCE % Calculation

Zibuyu 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 )
	=	-260.131	/	( ( (1519.523 - 591.552)	+	(977.189 - 436.737) )	/ 2 )
	=	-260.131	/	( (927.971	+	540.452)	/ 2 )
	=	-260.131	/	734.2115
	=	-35.43 %

Zibuyu Group'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 )
	=	-554.672	/	( ( (1464.888 - 579.651)	+	(977.189 - 436.737) )	/ 2 )
	=	-554.672	/	( ( 885.237	+	540.452 )	/ 2 )
	=	-554.672	/	712.8445
	=	-77.81 %

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

Zibuyu Group (HKSE:02420) 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.

Zibuyu Group ROCE % Related Terms

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Zibuyu Group (HKSE:02420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zibuyu Group Ltd (HKSE:02420) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 410, No. 108, Xincheng Road, Nanyuan Street, Linping District, Zhejiang Province, Hangzhou, CHN

Website

https://www.zbycorp.com

Zibuyu Group Ltd is an investment holding company and its subsidiaries are engaged in focusing on the sale of apparel and footwear products through third-party e-commerce platforms across china. It designs apparel, footwear and other products, procure products manufactured in accordance with its design and on OEM basis from selected OEM suppliers, and subsequently sell such products to customers globally through a combination of third-party e-commerce platforms and its self-operated online stores. Its sales channels consisted of Amazon, Wish, other third-party e-commerce platforms such as eBay and AliExpress, and its self-operated online stores.

Executives

Wang Shijian
Hua Bingru	2201 Interest of corporation controlled by you
Yu Feng	2201 Interest of corporation controlled by you
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