Top Form International (HKSE:00333) ROCE % : -1.27% (As of Dec. 2023)

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What is Top Form International 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. Top Form International's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.27%.

Top Form International ROCE % Historical Data

The historical data trend for Top Form International'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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Top Form International ROCE % Chart

Top Form International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-10.40

-14.07

2.64

4.04

-13.20

Top Form International 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															2.78	5.25	-4.67	-21.73	-1.27

Top Form International ROCE % Calculation

Top Form International's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-68.674	/	( ( (898.425 - 336.682)	+	(800.534 - 322.124) )	/ 2 )
	=	-68.674	/	( (561.743	+	478.41)	/ 2 )
	=	-68.674	/	520.0765
	=	-13.20 %

Top Form International'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 )
	=	-6.006	/	( ( (800.534 - 322.124)	+	(844.716 - 374.407) )	/ 2 )
	=	-6.006	/	( ( 478.41	+	470.309 )	/ 2 )
	=	-6.006	/	474.3595
	=	-1.27 %

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

Top Form International (HKSE:00333) 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.

Top Form International ROCE % Related Terms

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Top Form International (HKSE:00333) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Top Form International Ltd (HKSE:00333) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Tseuk Luk Street, 7th Floor, Port 33, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.topform.group

Top Form International Ltd is an investment holding company. The company designs, manufacture, and distributes ladies intimate apparel, principally brassieres. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Belgium; Netherlands; Spain; France; Sri Lanka; Canada; People's Republic of China; Germany; Italy; Mexico; and other countries.

Executives

High Union Holdings Inc.	2401 A concert party to an agreement to buy shares
Triple Gains Ventures Limited	2401 A concert party to an agreement to buy shares
Chan He Lin	2401 A concert party to an agreement to buy shares
Wong Chung Chong	2401 A concert party to an agreement to buy shares
Wong Kai Chi Kenneth	2101 Beneficial owner
Wong Kai Chung Kevin	2101 Beneficial owner
Van De Velde Herman	2201 Interest of corporation controlled by you
Van De Velde N.v.	2101 Beneficial owner
Van De Velde Holding N.v.	2201 Interest of corporation controlled by you
Webb David Michael	2101 Beneficial owner
Triple United Investments Limited
Union World Holdings Limited

Top Form International (HKSE:00333) Headlines

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