Hang Pin Living Technology Co (HKSE:01682) ROCE % : -4.75% (As of Sep. 2023)

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What is Hang Pin Living Technology 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. Hang Pin Living Technology Co's annualized ROCE % for the quarter that ended in Sep. 2023 was -4.75%.

Hang Pin Living Technology Co ROCE % Historical Data

The historical data trend for Hang Pin Living Technology 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.

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Hang Pin Living Technology Co ROCE % Chart

Hang Pin Living Technology Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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0.99

-22.54

-0.92

-12.36

-5.86

Hang Pin Living Technology Co 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															-3.00	-21.69	-7.80	-3.89	-4.75

Hang Pin Living Technology Co ROCE % Calculation

Hang Pin Living Technology Co'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 )
	=	-5.509	/	( ( (135.124 - 38.319)	+	(140.401 - 49.051) )	/ 2 )
	=	-5.509	/	( (96.805	+	91.35)	/ 2 )
	=	-5.509	/	94.0775
	=	-5.86 %

Hang Pin Living Technology Co'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 )
	=	-4.3	/	( ( (140.401 - 49.051)	+	(103.584 - 13.975) )	/ 2 )
	=	-4.3	/	( ( 91.35	+	89.609 )	/ 2 )
	=	-4.3	/	90.4795
	=	-4.75 %

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

Hang Pin Living Technology Co (HKSE:01682) 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.

Hang Pin Living Technology Co ROCE % Related Terms

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Hang Pin Living Technology Co (HKSE:01682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hang Pin Living Technology Co Ltd (HKSE:01682) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Room 2101, 21st Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.hk01682.com

Hang Pin Living Technology Co Ltd is principally engaged in the Garment sourcing; and the Provision of financial services business. It operates in two segments namely Garment sourcing and Provision of financial service. It offers a comprehensive range of sourcing management services and expertise, including product design and product development, sampling, product offering, sourcing, outsourcing, logistics and delivery, and overseas sales capabilities. Majority revenue is derived from the garment sourcing business.

Executives

Ng Leung Ho	2201 Interest of corporation controlled by you
Rosy Lane International Limited	2101 Beneficial owner
Zhi Hua	2201 Interest of corporation controlled by you

Hang Pin Living Technology Co (HKSE:01682) Headlines

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