Shirble Department Store Holdings (China) (HKSE:00312) ROCE % : -35.60% (As of Dec. 2023)

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What is Shirble Department Store Holdings (China) 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. Shirble Department Store Holdings (China)'s annualized ROCE % for the quarter that ended in Dec. 2023 was -35.60%.

Shirble Department Store Holdings (China) ROCE % Historical Data

The historical data trend for Shirble Department Store Holdings (China)'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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Shirble Department Store Holdings (China) ROCE % Chart

Shirble Department Store Holdings (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.55

1.10

-11.39

-20.30

-18.43

Shirble Department Store Holdings (China) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-12.82	-5.61	-36.48	-4.13	-35.60

Shirble Department Store Holdings (China) ROCE % Calculation

Shirble Department Store Holdings (China)'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 )
	=	-369.546	/	( ( (3238.122 - 890.342)	+	(2562.091 - 899.54) )	/ 2 )
	=	-369.546	/	( (2347.78	+	1662.551)	/ 2 )
	=	-369.546	/	2005.1655
	=	-18.43 %

Shirble Department Store Holdings (China)'s ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-649.502	/	( ( (3049.602 - 1062.957)	+	(2562.091 - 899.54) )	/ 2 )
	=	-649.502	/	( ( 1986.645	+	1662.551 )	/ 2 )
	=	-649.502	/	1824.598
	=	-35.60 %

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

Shirble Department Store Holdings (China) (HKSE:00312) 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.

Shirble Department Store Holdings (China) ROCE % Related Terms

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Shirble Department Store Holdings (China) (HKSE:00312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirble Department Store Holdings (China) Ltd (HKSE:00312) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 412 Bagua 4th Road, 7th Floor , Sen Tou Zhi Gu Building, Futian District, Shenzhen, CHN

Website

https://www.shirblehk.com

Shirble Department Store Holdings (China) Ltd is an investment holding company operating in department stores business. Different range of merchandise is offered in the company's department stores, including daily consumer products, household necessities, footwear, textiles, apparel, cosmetics, children's and households' goods and electrical appliances. The group operates in two business segments namely Department stores business, and Others. It generates maximum revenue from Department stores business. The Group's revenue and non-current assets are attributable to the market in the PRC.

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