Goldlok Holdings (Guangdong) Co (SZSE:002348) ROCE % : 3.31% (As of Sep. 2024)

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What is Goldlok Holdings (Guangdong) 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. Goldlok Holdings (Guangdong) Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.31%.

Goldlok Holdings (Guangdong) Co ROCE % Historical Data

The historical data trend for Goldlok Holdings (Guangdong) 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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Goldlok Holdings (Guangdong) Co ROCE % Chart

Goldlok Holdings (Guangdong) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-24.43

-22.27

-12.55

-10.59

-9.37

Goldlok Holdings (Guangdong) Co 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															7.27	-26.19	-8.09	-16.06	3.31

Goldlok Holdings (Guangdong) Co ROCE % Calculation

Goldlok Holdings (Guangdong) Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-55.353	/	( ( (803.281 - 173.397)	+	(749.438 - 197.683) )	/ 2 )
	=	-55.353	/	( (629.884	+	551.755)	/ 2 )
	=	-55.353	/	590.8195
	=	-9.37 %

Goldlok Holdings (Guangdong) Co'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 )
	=	16.784	/	( ( (759.751 - 252.081)	+	(768.945 - 261.012) )	/ 2 )
	=	16.784	/	( ( 507.67	+	507.933 )	/ 2 )
	=	16.784	/	507.8015
	=	3.31 %

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

Goldlok Holdings (Guangdong) Co (SZSE:002348) 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.

Goldlok Holdings (Guangdong) Co ROCE % Related Terms

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Goldlok Holdings (Guangdong) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Goldlok Holdings (Guangdong) Co Ltd (SZSE:002348) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

14 Science Museum Road, Room 711-717, 7th Floor, Tower A, New Madarin Plaza, Tsimshatsui East Kowloon, Hong Kong, HKG

Website

http://www.goldlok.com

Goldlok Holdings (Guangdong) Co Ltd is a toy manufacturer with production plants based in China. It is engaged in the research, development, manufacture, and distribution of electronic and electrical plastic toys. The company produces various kinds of toys and children's products which it sells in China and other international countries. Some of its products include electric trains, remote control simulated planes, robot toys, electrical automobile toys, dolls and magnetic word pads for learning, among others. It distributes its products in domestic and overseas markets, such as the United States, Latin America, the European Union and other Asian regions.

Executives

Yang Xu En	Directors, executives
Yang Guang Cheng	Directors, directors, executives, representatives
Chen Shu Fang	Supervisors
Yang Zhen Kai	Directors, executives

Goldlok Holdings (Guangdong) Co Headlines

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