Sheng Siong Group (SGX:OV8) ROCE % : 28.00% (As of Dec. 2024)

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What is Sheng Siong 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. Sheng Siong Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 28.00%.

Sheng Siong Group ROCE % Historical Data

The historical data trend for Sheng Siong 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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Sheng Siong Group ROCE % Chart

Sheng Siong Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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43.66

36.90

33.58

30.70

28.80

Sheng Siong Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															33.09	31.23	31.23	30.49	28.00

Sheng Siong Group ROCE % Calculation

Sheng Siong Group'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 )
	=	172.41	/	( ( (830.193 - 263.989)	+	(935.141 - 304.255) )	/ 2 )
	=	172.41	/	( (566.204	+	630.886)	/ 2 )
	=	172.41	/	598.545
	=	28.80 %

Sheng Siong 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 )
	=	169.778	/	( ( (836.782 - 254.827)	+	(935.141 - 304.255) )	/ 2 )
	=	169.778	/	( ( 581.955	+	630.886 )	/ 2 )
	=	169.778	/	606.4205
	=	28.00 %

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

Sheng Siong Group (SGX:OV8) 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.

Sheng Siong Group ROCE % Related Terms

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Sheng Siong Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sheng Siong Group Ltd (SGX:OV8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Mandai Link, Singapore, SGP, 728652

Website

https://www.shengsiong.com.sg

Sheng Siong Group Ltd is a Singapore-based company that is principally engaged in the retail business. The company operates through the Sheng Siong Groceries chain, with stores located across Singapore. The company offers "wet and dry" merchandise, including fresh and chilled goods (such as seafood, meat, and vegetables), processed, frozen, and preserved food products; and general merchandise (like toiletries and essential household products). The company has its own distribution network, food-processing facilities, and warehousing facilities. The Group operates in one segment which relates to the provision of supermarket supplies and supermarket operations. The Group's operations are mainly located in Singapore.

Sheng Siong Group Headlines

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