GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanshan Brand Management Co Ltd (HKSE:01749) » Definitions » ROCE %

Shanshan Brand Management Co (HKSE:01749) ROCE % : 23.08% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Shanshan Brand Management 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. Shanshan Brand Management Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 23.08%.


Shanshan Brand Management Co ROCE % Historical Data

The historical data trend for Shanshan Brand Management 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.

Shanshan Brand Management Co ROCE % Chart

Shanshan Brand Management Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only -0.32 -17.70 12.75 7.45 17.86

Shanshan Brand Management Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.50 1.53 13.71 12.87 23.08

Shanshan Brand Management Co ROCE % Calculation

Shanshan Brand Management 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 )
=51.575/( ( (847.114 - 570.859) + (794.51 - 493.197) )/ 2 )
=51.575/( (276.255+301.313)/ 2 )
=51.575/288.784
=17.86 %

Shanshan Brand Management Co'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 )
=67.248/( ( (762.326 - 480.822) + (794.51 - 493.197) )/ 2 )
=67.248/( ( 281.504 + 301.313 )/ 2 )
=67.248/291.4085
=23.08 %

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

* 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.


Shanshan Brand Management Co  (HKSE:01749) 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.


Shanshan Brand Management Co ROCE % Related Terms

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


Shanshan Brand Management Co (HKSE:01749) Business Description

Traded in Other Exchanges
N/A
Address
238 Yunlin Middle Road, Wangchun Industrial Park, Zhejiang Province, Ningbo, CHN, 315100
Shanshan Brand Management Co Ltd is engaged in the designing, marketing, and sale of formal and casual business menswear in the People's Republic of China. Its brands include FIRS, SHANSHAN, and LUBIAM. The company operates in two reportable segments namely, Trading of garments and Trademark sub-licensing income. FIRS and Shanshan brands generate key revenue for the company.
Executives
Zhou Jiqing 2201 Interest of corporation controlled by you
Luo Yefei 2201 Interest of corporation controlled by you
Zhou Yumei 2202 Interest of your spouse
Ning Bo Qing Gang Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Ning Bo Shan Shan Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Ning Bo Yong Gang Fu Zhuang Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shan Shan Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shan Shan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Shan Xi Mao Ye Gong Mao You Xian Gong Si 2101 Beneficial owner
Ning Bo Lian Kang Cai Pin Pai Guan Li You Xian Ze Ren Gong Si 2101 Beneficial owner
Zhao Yongzhi 2101 Beneficial owner
Li Xinghua 2101 Beneficial owner
Zhang Jincan 2101 Beneficial owner
Zheng Yonggang 2201 Interest of corporation controlled by you
Yan Jingfen 2501 Other

Shanshan Brand Management Co (HKSE:01749) Headlines

No Headlines