King Fook Holdings (HKSE:00280) ROCE % : 11.93% (As of Sep. 2023)

View and export this data going back to 1988. Start your Free Trial

What is King Fook 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. King Fook Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 11.93%.

King Fook Holdings ROCE % Historical Data

The historical data trend for King Fook 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.

King Fook Holdings ROCE % Chart

King Fook Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

0.42

1.58

4.95

9.17

10.98

King Fook Holdings Semi-Annual Data
	Mar14	Sep14	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															10.86	7.33	11.07	11.03	11.93

King Fook Holdings ROCE % Calculation

King Fook Holdings'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 )
	=	82.779	/	( ( (863.288 - 135.303)	+	(854.184 - 74.948) )	/ 2 )
	=	82.779	/	( (727.985	+	779.236)	/ 2 )
	=	82.779	/	753.6105
	=	10.98 %

King Fook Holdings'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 )
	=	90.766	/	( ( (854.184 - 74.948)	+	(971.271 - 228.653) )	/ 2 )
	=	90.766	/	( ( 779.236	+	742.618 )	/ 2 )
	=	90.766	/	760.927
	=	11.93 %

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

King Fook Holdings (HKSE:00280) 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.

King Fook Holdings ROCE % Related Terms

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

King Fook Holdings (HKSE:00280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » King Fook Holdings Ltd (HKSE:00280) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG

Website

https://www.kingfook.com

King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.

Executives

Yeung Chi Shing Estates Limited

2101 Beneficial owner

King Fook Holdings (HKSE:00280) Headlines

No Headlines