Simplicity Holding (HKSE:08367) ROCE % : -96.29% (As of Sep. 2023)

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What is Simplicity Holding 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. Simplicity Holding's annualized ROCE % for the quarter that ended in Sep. 2023 was -96.29%.

Simplicity Holding ROCE % Historical Data

The historical data trend for Simplicity Holding'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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Simplicity Holding ROCE % Chart

Simplicity Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-15.79

-54.86

16.77

8.25

-81.40

Simplicity Holding 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															-64.56	-55.65	-164.64	-119.89	-96.29

Simplicity Holding ROCE % Calculation

Simplicity Holding'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 )
	=	-35.941	/	( ( (96.787 - 39.506)	+	(85.227 - 54.206) )	/ 2 )
	=	-35.941	/	( (57.281	+	31.021)	/ 2 )
	=	-35.941	/	44.151
	=	-81.40 %

Simplicity Holding'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 )
	=	-20.98	/	( ( (0 - 0)	+	(79.294 - 57.505) )	/ 1 )
	=	-20.98	/	( ( 0	+	21.789 )	/ 1 )
	=	-20.98	/	21.789
	=	-96.29 %

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

Simplicity Holding (HKSE:08367) 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.

Simplicity Holding ROCE % Related Terms

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Simplicity Holding (HKSE:08367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Simplicity Holding Ltd (HKSE:08367) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35/F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong, HKG

Website

https://www.simplicityholding.com

Simplicity Holding Ltd is a casual dining full-service restaurant operator. It offers Chinese, Western, and Thai Cuisine. Its reportable segments are Chinese cuisine; Thai cuisine; Malaysian cuisine; and Sales of food ingredients and beverages and Aircraft engine stand repairing and maintenance services. The firm derives the majority of its revenue from restaurant operations.

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