Shiny Brands Group Co (ROCO:6703) ROCE % : 23.19% (As of Dec. 2024)

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What is Shiny Brands Group Co 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. Shiny Brands Group Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 23.19%.

Shiny Brands Group Co ROCE % Historical Data

The historical data trend for Shiny Brands Group Co'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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Shiny Brands Group Co ROCE % Chart

Shiny Brands Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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21.38

19.62

23.55

38.42

23.15

Shiny Brands Group Co 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															38.78	31.68	33.27	10.40	23.19

Shiny Brands Group Co ROCE % Calculation

Shiny Brands Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	374.225	/	( ( (2271.844 - 615.248)	+	(2141.985 - 565.118) )	/ 2 )
	=	374.225	/	( (1656.596	+	1576.867)	/ 2 )
	=	374.225	/	1616.7315
	=	23.15 %

Shiny Brands Group Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	362.12	/	( ( (2127.589 - 581.673)	+	(2141.985 - 565.118) )	/ 2 )
	=	362.12	/	( ( 1545.916	+	1576.867 )	/ 2 )
	=	362.12	/	1561.3915
	=	23.19 %

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

Shiny Brands Group Co (ROCO:6703) 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.

Shiny Brands Group Co ROCE % Related Terms

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Shiny Brands Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shiny Brands Group Co Ltd (ROCO:6703) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.311, Fuxing North Road, 6th and 7th floors, Songshan District, Taipei, TWN, 105

Website

https://www.shinybrands.com

Shiny Brands Group Co Ltd is engaged in the manufacturing and sale of cosmetics and beauty products ranging from basic skincare to a full range of maintenance products. It sells its products under the brand names SEXYLOOK Beauty, MIRAE Future Beauty, and LUDEYA Ludia. Products offered by the company include black masks, and ear-hooked face masks, among others.

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