Asia Grocery Distribution (HKSE:08413) ROCE % : 0.00% (As of Sep. 2024)

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What is Asia Grocery Distribution 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. Asia Grocery Distribution's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Asia Grocery Distribution ROCE % Historical Data

The historical data trend for Asia Grocery Distribution'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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Asia Grocery Distribution ROCE % Chart

Asia Grocery Distribution Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-2.67

-13.19

-0.97

-2.98

2.55

Asia Grocery Distribution 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															-32.42	1.94	-0.27	-	-

Asia Grocery Distribution ROCE % Calculation

Asia Grocery Distribution'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 )
	=	2.757	/	( ( (135.604 - 24.975)	+	(132.304 - 26.594) )	/ 2 )
	=	2.757	/	( (110.629	+	105.71)	/ 2 )
	=	2.757	/	108.1695
	=	2.55 %

Asia Grocery Distribution'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 )
	=	0	/	( ( (132.304 - 26.594)	+	(128.484 - 25.882) )	/ 2 )
	=	0	/	( ( 105.71	+	102.602 )	/ 2 )
	=	0	/	104.156
	=	0.00 %

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

Asia Grocery Distribution (HKSE:08413) 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.

Asia Grocery Distribution ROCE % Related Terms

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Asia Grocery Distribution Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Asia Grocery Distribution Ltd (HKSE:08413) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22 Sze Shan Street, The Whole of Upper Ground Floor, Mai Tong Industrial Building, Kowloon, Hong Kong, HKG

Website

https://www.agdl.com.hk

Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.

Executives

Chu Man	2202 Interest of your spouse
Sky Alpha Investments Limited	2101 Beneficial owner
Fan Wing	2202 Interest of your spouse
Wong Siu Man	2201 Interest of corporation controlled by you
Wong Siu Wa	2201 Interest of corporation controlled by you

Asia Grocery Distribution Headlines

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