Classified Group (Holdings) (HKSE:08232) ROCE % : -243.18% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Classified 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. Classified Group (Holdings)'s annualized ROCE % for the quarter that ended in Dec. 2023 was -243.18%.

Classified Group (Holdings) ROCE % Historical Data

The historical data trend for Classified 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.

* Premium members only.

Classified Group (Holdings) ROCE % Chart

Classified Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-17.83

-5.05

-28.56

-57.17

-71.60

Classified Group (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-275.68	-28.51	1.99	-36.36	-243.18

Classified Group (Holdings) ROCE % Calculation

Classified 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 )
	=	-15.061	/	( ( (38.926 - 16.153)	+	(35.934 - 16.64) )	/ 2 )
	=	-15.061	/	( (22.773	+	19.294)	/ 2 )
	=	-15.061	/	21.0335
	=	-71.60 %

Classified Group (Holdings)'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-46.92	/	( ( (0 - 0)	+	(35.934 - 16.64) )	/ 1 )
	=	-46.92	/	( ( 0	+	19.294 )	/ 1 )
	=	-46.92	/	19.294
	=	-243.18 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Classified Group (Holdings) (HKSE:08232) 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.

Classified Group (Holdings) ROCE % Related Terms

Thank you for viewing the detailed overview of Classified Group (Holdings)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Classified Group (Holdings) (HKSE:08232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Classified Group (Holdings) Ltd (HKSE:08232) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.classifiedgroup.com.hk

Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.

Classified Group (Holdings) (HKSE:08232) Headlines

No Headlines