Viva Goods Co (HKSE:00933) ROCE % : 1.63% (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Viva Goods Co 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. Viva Goods Co's annualized ROCE % for the quarter that ended in Jun. 2023 was 1.63%.

Viva Goods Co ROCE % Historical Data

The historical data trend for Viva Goods Co'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.

Viva Goods Co ROCE % Chart

Viva Goods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

20.46

23.91

63.29

8.87

-3.27

Viva Goods Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															73.09	-13.09	3.13	1.63	-

Viva Goods Co ROCE % Calculation

Viva Goods Co'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 )
	=	-391.196	/	( ( (17471.931 - 4428.192)	+	(14717.657 - 3803.23) )	/ 2 )
	=	-391.196	/	( (13043.739	+	10914.427)	/ 2 )
	=	-391.196	/	11979.083
	=	-3.27 %

Viva Goods Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	200.484	/	( ( (0 - 0)	+	(15964.736 - 3687.588) )	/ 1 )
	=	200.484	/	( ( 0	+	12277.148 )	/ 1 )
	=	200.484	/	12277.148
	=	1.63 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

Viva Goods Co (HKSE:00933) 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.

Viva Goods Co ROCE % Related Terms

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

Viva Goods Co (HKSE:00933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Viva Goods Co Ltd (HKSE:00933) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Tong Yin Street, 2/F, Pop Office, Tseung Kwan O, New Territories, Hong Kong, HKG

Website

https://www.vivagoods.hk

Viva Goods Co Ltd is principally engaged in the operation of multi-brand apparel and footwear business. The company also engages in the sports experience business, including the operation, service provision, and investment of sports destinations, sports competitions, and events, as well as an e-sports club.

Viva Goods Co (HKSE:00933) Headlines

No Headlines