Sling Group Holdings (HKSE:08285) ROCE % : 0.00% (As of Jun. 2024)

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

Sling Group Holdings ROCE % Historical Data

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

Sling Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-22.13

-43.00

-45.60

-123.59

-65.29

Sling 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															-35.13	-199.51	108.84	-187.72	-

Sling Group Holdings ROCE % Calculation

Sling 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 )
	=	-4.521	/	( ( (55.103 - 47.166)	+	(53.676 - 47.765) )	/ 2 )
	=	-4.521	/	( (7.937	+	5.911)	/ 2 )
	=	-4.521	/	6.924
	=	-65.29 %

Sling 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	/	( ( (53.676 - 47.765)	+	(37.736 - 34.979) )	/ 2 )
	=	0	/	( ( 5.911	+	2.757 )	/ 2 )
	=	0	/	4.334
	=	0.00 %

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

Sling Group Holdings (HKSE:08285) 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.

Sling Group Holdings ROCE % Related Terms

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Sling Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sling Group Holdings Ltd (HKSE:08285) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sling-inc.com.hk

Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of women's handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling women's handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.

Executives

Yen Sheng Investment Limited	2101 Beneficial owner
Li Wing Chi Agnes	2201 Interest of corporation controlled by you
Summit Time Resources Limited	2101 Beneficial owner
Chan Yee Ling Elaine	2202 Interest of your spouse
Hiang Siu Wei Cecilia	2202 Interest of your spouse
Yau Sonny Tai Nin	2201 Interest of corporation controlled by you
Yau Tai Leung Sammy	2201 Interest of corporation controlled by you
Lee Shui Kwai Victor	2202 Interest of your spouse

Sling Group Holdings Headlines

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