Haidilao International Holding (HKSE:06862) ROCE % : 38.66% (As of Dec. 2023)

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

What is Haidilao International Holding 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. Haidilao International Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 38.66%.

Haidilao International Holding ROCE % Historical Data

The historical data trend for Haidilao International Holding'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.

Haidilao International Holding ROCE % Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

29.32

7.45

-14.12

15.20

38.73

Haidilao International Holding 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											-31.00	4.45	26.57	39.89	38.66

Haidilao International Holding ROCE % Calculation

Haidilao International Holding'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 )
	=	6764.478	/	( ( (23941.42 - 8076.181)	+	(26991.179 - 7920.941) )	/ 2 )
	=	6764.478	/	( (15865.239	+	19070.238)	/ 2 )
	=	6764.478	/	17467.7385
	=	38.73 %

Haidilao International Holding'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 )
	=	6973.202	/	( ( (25291.815 - 8289.383)	+	(26991.179 - 7920.941) )	/ 2 )
	=	6973.202	/	( ( 17002.432	+	19070.238 )	/ 2 )
	=	6973.202	/	18036.335
	=	38.66 %

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

Haidilao International Holding (HKSE:06862) 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.

Haidilao International Holding ROCE % Related Terms

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

Haidilao International Holding (HKSE:06862) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (HKSE:06862) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HDALF:USA 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.

Haidilao International Holding (HKSE:06862) Headlines

No Headlines