Ocean Star Technology Group (HKSE:08297) ROCE % : 0.00% (As of Sep. 2024)

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What is Ocean Star Technology 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. Ocean Star Technology Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Ocean Star Technology Group ROCE % Historical Data

The historical data trend for Ocean Star Technology 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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Ocean Star Technology Group ROCE % Chart

Ocean Star Technology Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-204.01

-449.18

Ocean Star Technology Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-340.08	-107.91	-846.83	-	-

Ocean Star Technology Group ROCE % Calculation

Ocean Star Technology Group's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-26.367	/	( ( (93.395 - 74.168)	+	(59.38 - 66.867) )	/ 2 )
	=	-26.367	/	( (19.227	+	-7.487)	/ 2 )
	=	-26.367	/	5.87
	=	-449.18 %

Ocean Star Technology Group's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-25.496	/	( ( (59.38 - 66.867)	+	(49.966 - 70.278) )	/ 2 )
	=	-25.496	/	( ( -7.487	+	-20.312 )	/ 2 )
	=	-25.496	/	-13.8995
	=	0 %

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

Ocean Star Technology Group (HKSE:08297) 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.

Ocean Star Technology Group ROCE % Related Terms

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Ocean Star Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ocean Star Technology Group Ltd (HKSE:08297) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6–8 Hung To Road, 1st Floor, Lok Kui Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.bodibra.com

Ocean Star Technology Group Ltd manufactures, develops, and designs women's lingerie. The company offers bras, bikinis, panties, and other related apparel. It has two segments namely Lingerie products and Others. The company earns maximum revenue from Hong Kong and has a presence in Macau and The PRC.

Executives

Global Succeed Group Limited	2101 Beneficial owner
Chan Lin So Alan	2201 Interest of corporation controlled by you
Yiu Koon Pong	2201 Interest of corporation controlled by you
Li Zhi	2201 Interest of corporation controlled by you

Ocean Star Technology Group Headlines

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