Medicskin Holdings (HKSE:08307) ROCE % : -49.15% (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Medicskin 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. Medicskin Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was -49.15%.

Medicskin Holdings ROCE % Historical Data

The historical data trend for Medicskin 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.

Medicskin Holdings ROCE % Chart

Medicskin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-14.96

-9.74

6.33

20.30

-10.26

Medicskin Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-46.12	6.92	6.98	-9.20	-49.15

Medicskin Holdings ROCE % Calculation

Medicskin Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-2.252	/	( ( (56.669 - 29.863)	+	(46.373 - 29.291) )	/ 2 )
	=	-2.252	/	( (26.806	+	17.082)	/ 2 )
	=	-2.252	/	21.944
	=	-10.26 %

Medicskin Holdings's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-5.776	/	( ( (0 - 0)	+	(40.433 - 28.681) )	/ 1 )
	=	-5.776	/	( ( 0	+	11.752 )	/ 1 )
	=	-5.776	/	11.752
	=	-49.15 %

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

Medicskin Holdings (HKSE:08307) 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.

Medicskin Holdings ROCE % Related Terms

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

Medicskin Holdings (HKSE:08307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicskin Holdings Ltd (HKSE:08307) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

287-291 Des Voeux Road, Flat A-C, 16th Floor, Champion Building, Central, Hong Kong, HKG

Website

https://www.medicskinholdings.com

Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. It offers services throughout Hong Kong.

Executives

Topline Worldwide Limited	2101 Beneficial owner
Kong Kwok Leung	2201 Interest of corporation controlled by you

Medicskin Holdings (HKSE:08307) Headlines

No Headlines