Youngor Fashion Co (SHSE:600177) ROCE % : 7.00% (As of Sep. 2023)

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What is Youngor Fashion 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. Youngor Fashion Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 7.00%.

Youngor Fashion Co ROCE % Historical Data

The historical data trend for Youngor Fashion 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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Youngor Fashion Co ROCE % Chart

Youngor Fashion Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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15.86

15.69

32.92

19.29

15.42

Youngor Fashion Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															12.47	9.07	10.98	13.23	7.00

Youngor Fashion Co ROCE % Calculation

Youngor Fashion Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	6739.265	/	( ( (80223.992 - 39251.907)	+	(77777.074 - 31364.367) )	/ 2 )
	=	6739.265	/	( (40972.085	+	46412.707)	/ 2 )
	=	6739.265	/	43692.396
	=	15.42 %

Youngor Fashion 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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	3265.176	/	( ( (81972.288 - 34467.207)	+	(81228.036 - 35486.559) )	/ 2 )
	=	3265.176	/	( ( 47505.081	+	45741.477 )	/ 2 )
	=	3265.176	/	46623.279
	=	7.00 %

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

Youngor Fashion Co (SHSE:600177) 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.

Youngor Fashion Co ROCE % Related Terms

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Youngor Fashion Co (SHSE:600177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Youngor Fashion Co Ltd (SHSE:600177) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 2, West Section of Jingxian Avenue, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315153

Website

http://www.youngor.com.en

Youngor Fashion Co Ltd is a China-based company is engaged in the development of textiles and apparels. The company's brands are YOUNGOR, MAYOR, Hart Schaffner Marx, and HAMP. In addition, the company is also involved in the real estate development business and financial investment business.

Youngor Fashion Co (SHSE:600177) Headlines

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