Zhongmin Baihui Retail Group (SGX:5SR) ROCE % : 15.62% (As of Dec. 2024)

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What is Zhongmin Baihui Retail Group 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. Zhongmin Baihui Retail Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 15.62%.

Zhongmin Baihui Retail Group ROCE % Historical Data

The historical data trend for Zhongmin Baihui Retail Group'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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Zhongmin Baihui Retail Group ROCE % Chart

Zhongmin Baihui Retail Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Jun24

ROCE %

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28.36

27.53

20.89

8.20

8.30

Zhongmin Baihui Retail Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															1.50	15.60	4.83	13.24	15.62

Zhongmin Baihui Retail Group ROCE % Calculation

Zhongmin Baihui Retail Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	8.191	/	( ( (219.571 - 129.252)	+	(238.053 - 131.097) )	/ 2 )
	=	8.191	/	( (90.319	+	106.956)	/ 2 )
	=	8.191	/	98.6375
	=	8.30 %

Zhongmin Baihui Retail Group'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: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	15.752	/	( ( (238.053 - 131.097)	+	(220.218 - 125.459) )	/ 2 )
	=	15.752	/	( ( 106.956	+	94.759 )	/ 2 )
	=	15.752	/	100.8575
	=	15.62 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Zhongmin Baihui Retail Group (SGX:5SR) 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.

Zhongmin Baihui Retail Group ROCE % Related Terms

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Zhongmin Baihui Retail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zhongmin Baihui Retail Group Ltd (SGX:5SR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Marine Parade Road, No. 13-07 Parkway Parade, Singapore, SGP, 449269

Website

http://www.zhongminbaihui.com

Zhongmin Baihui Retail Group Ltd is engaged in the ownership, operation and management of department stores and supermarkets in Fujian Province, People's Republic of China. The company is involved in the operation and management of an outlet mall in Changsha, Hunan Province. The department stores offer a wide variety of clothes and accessories for men, women and children from domestic and international brands from concessionaires while the supermarkets are well stocked with a good variety of items, including fresh produce and live seafood. It derives the bulk of its revenue from sales of supermarket products and commissions from concessionaire sales.

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