MINISO Group Holding (HKSE:09896) ROCE % : 31.46% (As of Sep. 2024)

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What is MINISO Group 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. MINISO Group Holding's annualized ROCE % for the quarter that ended in Sep. 2024 was 31.46%.

MINISO Group Holding ROCE % Historical Data

The historical data trend for MINISO Group 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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MINISO Group Holding ROCE % Chart

MINISO Group Holding Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dec24

ROCE %

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4.90

-24.98

12.59

26.92

31.01

MINISO Group Holding Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															34.10	31.05	29.26	31.46	32.98

MINISO Group Holding ROCE % Calculation

MINISO Group Holding's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	2590.33	/	( ( (13224.489 - 4441.073)	+	(14708.847 - 4249.988) )	/ 2 )
	=	2590.33	/	( (8783.416	+	10458.859)	/ 2 )
	=	2590.33	/	9621.1375
	=	26.92 %

MINISO Group Holding'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	3874.088	/	( ( (16915.719 - 4726.452)	+	(17765.178 - 5327.455) )	/ 2 )
	=	3874.088	/	( ( 12189.267	+	12437.723 )	/ 2 )
	=	3874.088	/	12313.495
	=	31.46 %

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

MINISO Group Holding (HKSE:09896) 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.

MINISO Group Holding ROCE % Related Terms

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MINISO Group Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MINISO Group Holding Ltd (HKSE:09896) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MNSO:USA MNSO:Mexico MIF0:Germany

Address

No. 109, Pazhou Avenue, 8th Floor, M Plaza, Haizhu District, Guangdong Province, Guangzhou, CHN, 510000

Website

https://www.miniso.com

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.

Executives

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MINISO Group Holding Headlines

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