Pearl River Holdings (TSXV:PRH) ROCE % : 9.59% (As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Pearl River 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. Pearl River Holdings's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.59%.

Pearl River Holdings ROCE % Historical Data

The historical data trend for Pearl River 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.

* Premium members only.

Pearl River Holdings ROCE % Chart

Pearl River Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

10.25

15.94

8.09

4.17

0.14

Pearl River 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															-0.92	4.34	3.83	7.87	9.59

Pearl River Holdings ROCE % Calculation

Pearl River Holdings'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 )
	=	0.042	/	( ( (42.174 - 8.509)	+	(37.997 - 10.363) )	/ 2 )
	=	0.042	/	( (33.665	+	27.634)	/ 2 )
	=	0.042	/	30.6495
	=	0.14 %

Pearl River 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 )
	=	2.78	/	( ( (39.199 - 11.269)	+	(40.613 - 10.572) )	/ 2 )
	=	2.78	/	( ( 27.93	+	30.041 )	/ 2 )
	=	2.78	/	28.9855
	=	9.59 %

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

Pearl River Holdings (TSXV:PRH) 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.

Pearl River Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Pearl River Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pearl River Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pearl River Holdings Ltd (TSXV:PRH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

383 Richmond Street, Suite 502, London, ON, CAN, N6A 3C4

Website

Pearl River Holdings Ltd engages in the manufacturing and distribution of plastic products to customers in the People's Republic of China, Australia, and the United States. The people's Republic of China accounts for the majority of revenue.

Executives

George Lunick

Director, Senior Officer

Pearl River Holdings Headlines

No Headlines