GOME Retail Holdings (HKSE:00493) ROCE % : 0.00% (As of Dec. 2023)

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What is GOME Retail 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. GOME Retail Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

GOME Retail Holdings ROCE % Historical Data

The historical data trend for GOME Retail 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.

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GOME Retail Holdings ROCE % Chart

GOME Retail Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.50

-25.10

-12.16

-110.81

GOME Retail Holdings 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															-15.56	-17.78	-234.17	-1,043.63	-

GOME Retail Holdings ROCE % Calculation

GOME Retail 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 )
	=	-7947.059	/	( ( (47554.681 - 45332.109)	+	(32788.923 - 41847.208) )	/ 2 )
	=	-7947.059	/	( (2222.572	+	-9058.285)	/ 2 )
	=	-7947.059	/	-3417.8565
	=	232.52 %

GOME Retail Holdings'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 )
	=	-10496.638	/	( ( (38303.708 - 39491.909)	+	(32788.923 - 41847.208) )	/ 2 )
	=	-10496.638	/	( ( -1188.201	+	-9058.285 )	/ 2 )
	=	-10496.638	/	-5123.243
	=	0 %

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

GOME Retail Holdings (HKSE:00493) 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.

GOME Retail Holdings ROCE % Related Terms

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GOME Retail Holdings (HKSE:00493) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GOME Retail Holdings Ltd (HKSE:00493) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CKS2:Germany

Address

8 Finance Street, Suite 2915, 29th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.gome.com.hk

GOME Retail Holdings Ltd is an electrical appliance retailer operating in China and Hong Kong. Its products include audio and video electrical appliances, refrigerating and washing devices, telecommunications devices, and other electronic and technological devices. By geographical segment, the company divides its sales into Chinese regions - Beijing, Guangzhou, Shenzhen, Xi'an, Jinan, Chengdu, Shanghai, and Others. By product categories, revenue is split into Air conditioners, Refrigerators and Washing machines, Telecommunication, Small white appliances, Computer and Digital, and New business.

Executives

Shinning Crown Holdings Inc.	2101 Beneficial owner
Du Juan	2202 Interest of your spouse
Wong Kwong Yu	2201 Interest of corporation controlled by you
Gome Management Limited	2101 Beneficial owner
Ever Ocean Investments Limited	2201 Interest of corporation controlled by you
Trans Asia Inter Capital Limited	2101 Beneficial owner
Yuen Chi Hang Clement
Pinduoduo Inc.	2101 Beneficial owner
Ark Trust (hong Kong) Limited	2301 Trustee

GOME Retail Holdings (HKSE:00493) Headlines

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