Star Plus Legend Holdings (HKSE:06683) ROCE % : 19.67% (As of Dec. 2023)

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What is Star Plus Legend 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. Star Plus Legend Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.67%.

Star Plus Legend Holdings ROCE % Historical Data

The historical data trend for Star Plus Legend 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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Star Plus Legend Holdings ROCE % Chart

Star Plus Legend Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

115.18

138.73

47.48

42.64

14.36

Star Plus Legend Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	24.00	58.73	20.55	19.67

Star Plus Legend Holdings ROCE % Calculation

Star Plus Legend 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 )
	=	74.494	/	( ( (619.626 - 346.735)	+	(987.216 - 222.925) )	/ 2 )
	=	74.494	/	( (272.891	+	764.291)	/ 2 )
	=	74.494	/	518.591
	=	14.36 %

Star Plus Legend 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 )
	=	97.558	/	( ( (603.897 - 376.332)	+	(987.216 - 222.925) )	/ 2 )
	=	97.558	/	( ( 227.565	+	764.291 )	/ 2 )
	=	97.558	/	495.928
	=	19.67 %

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

Star Plus Legend Holdings (HKSE:06683) 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.

Star Plus Legend Holdings ROCE % Related Terms

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Star Plus Legend Holdings (HKSE:06683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Star Plus Legend Holdings Ltd (HKSE:06683) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

68 Jinjie Road, 2/F, Block 1, Dream Star Garden, Huaqiao Town, Kunshan, CHN

Website

https://www.splegend.com

Star Plus Legend Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in new retail business and IP creation and operation business in the People's Republic of China. In the new retail business, the company primarily develops and sells health management products and skincare products. In the IP creation and operation business, the company creates unique celebrity IPs by providing planning and other project management services to media content, acting as an event planning service provider and investor in large-scale concerts featuring celebrities and other events, together with designing and licensing proprietary celebrity IPs. The majority of revenue is derived from the new retail business.

Star Plus Legend Holdings (HKSE:06683) Headlines

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