Palinda Group Holdings (HKSE:08179) ROCE % : 0.00% (As of Jun. 2024)

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What is Palinda Group 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. Palinda Group Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Palinda Group Holdings ROCE % Historical Data

The historical data trend for Palinda Group 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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Palinda Group Holdings ROCE % Chart

Palinda Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.48

-6.40

-20.96

3.53

-0.48

Palinda Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															23.14	20.69	-17.96	-27.27	-

Palinda Group Holdings ROCE % Calculation

Palinda Group 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 )
	=	-1.746	/	( ( (470.076 - 114.235)	+	(495.975 - 129.716) )	/ 2 )
	=	-1.746	/	( (355.841	+	366.259)	/ 2 )
	=	-1.746	/	361.05
	=	-0.48 %

Palinda Group 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: 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 )
	=	0	/	( ( (495.975 - 129.716)	+	(555.212 - 132.4) )	/ 2 )
	=	0	/	( ( 366.259	+	422.812 )	/ 2 )
	=	0	/	394.5355
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Palinda Group Holdings (HKSE:08179) 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.

Palinda Group Holdings ROCE % Related Terms

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Palinda Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Palinda Group Holdings Ltd (HKSE:08179) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 306-A201, 3 Floor, Harbour Centre, Tower 1, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.palinda.com

Palinda Group Holdings Ltd is engaged in diversified business. It is involved in wine trading, production, sales, and distribution of food products. The has two segments: wine business segment which includes sales and distribution of wine products and food products operation segment which includes sales and distribution of food products .The Group?s revenue is generated from wine business.

Executives

Huang Wei	2101 Beneficial owner
Lau Chi Yuen Joseph	2201 Interest of corporation controlled by you
Jl Investment Capital Limited	2106 Person having a security interest in shares
Yuen Wai Ching Loretta	2101 Beneficial owner

Palinda Group Holdings Headlines

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