HYUHF (Hankyu Hanshin Holdings) ROCE % : 4.49% (As of Sep. 2024)

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What is Hankyu Hanshin 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. Hankyu Hanshin Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.49%.

Hankyu Hanshin Holdings ROCE % Historical Data

The historical data trend for Hankyu Hanshin 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.

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Hankyu Hanshin Holdings ROCE % Chart

Hankyu Hanshin Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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4.69

-1.48

1.99

3.38

3.64

Hankyu Hanshin Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															5.21	4.99	-1.18	6.70	4.49

Hankyu Hanshin Holdings ROCE % Calculation

Hankyu Hanshin Holdings'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 )
	=	631.617	/	( ( (21437.362 - 3738.35)	+	(20377.51 - 3384.039) )	/ 2 )
	=	631.617	/	( (17699.012	+	16993.471)	/ 2 )
	=	631.617	/	17346.2415
	=	3.64 %

Hankyu Hanshin Holdings'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 )
	=	835.232	/	( ( (0 - 0)	+	(21889.615 - 3303.713) )	/ 1 )
	=	835.232	/	( ( 0	+	18585.902 )	/ 1 )
	=	835.232	/	18585.902
	=	4.49 %

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

Hankyu Hanshin Holdings (OTCPK:HYUHF) 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.

Hankyu Hanshin Holdings ROCE % Related Terms

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Hankyu Hanshin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hankyu Hanshin Holdings Inc (OTCPK:HYUHF) » Definitions » ROCE %

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9042:Japan

Address

1-16-1, Shibata Kita-ku, Osaka, JPN, 530-0012

Website

http://holdings.hankyu-hanshin.co.jp

Hankyu Hanshin Holdings Inc conducts business in real estate, urban transportation, real estate, entertainment and communications, travel, international transportation, and hotels. Urban transportation is the leading revenue generator for Hankyu, and consists of Hankyu Corporation and Hanshin Electric Railway. Through these businesses, the company provides transportation services through a network that includes railways, buses, and taxis. The real estate business also brings in a significant portion of revenue and almost moves in lock step with the public transportation segment. Through this business, the company develops commercial facilities, residential properties, office buildings, and offers leasing and management administration.

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