EC Healthcare (EC Healthcare) ROCE % : 3.89% (As of Sep. 2023)

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What is EC Healthcare 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. EC Healthcare's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.89%.

EC Healthcare ROCE % Historical Data

The historical data trend for EC Healthcare'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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EC Healthcare ROCE % Chart

EC Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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43.78

28.10

14.63

12.37

5.44

EC Healthcare Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial													17.37	7.08	8.44	2.20	3.89

EC Healthcare ROCE % Calculation

EC Healthcare's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	25.46	/	( ( (621.339 - 174.289)	+	(702.451 - 213.487) )	/ 2 )
	=	25.46	/	( (447.05	+	488.964)	/ 2 )
	=	25.46	/	468.007
	=	5.44 %

EC Healthcare's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	19.098	/	( ( (702.451 - 213.487)	+	(710.451 - 216.43) )	/ 2 )
	=	19.098	/	( ( 488.964	+	494.021 )	/ 2 )
	=	19.098	/	491.4925
	=	3.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

EC Healthcare (OTCPK:UNHLF) 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.

EC Healthcare ROCE % Related Terms

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EC Healthcare (EC Healthcare) Business Description

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02138:Hong Kong 1UM0:Germany

Address

8 Argyle Street, L50, Langham Place Office Tower, Mong Kok, Hong Kong, HKG

Website

https://www.echealthcare.com

EC Healthcare is a Hong Kong-based non-hospital medical service provider. The principal activities of the group include the provision of medical services; aesthetic medical services, comprising medical aesthetics and dental services; beauty and wellness services, comprising traditional beauty, haircare, and ancillary wellness services; and the sale of skincare, healthcare and beauty products. The group caters to its services through the operating segments of Medical which is the key revenue generator segment and Aesthetic medical, beauty and wellness, and Veterinary and others. Geographically, the group has a business presence in Hong Kong, Macau, and the PRC.

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