Fairwood Holdings (HKSE:00052) ROCE % : 8.16% (As of Sep. 2023)

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What is Fairwood 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. Fairwood Holdings's annualized ROCE % for the quarter that ended in Sep. 2023 was 8.16%.

Fairwood Holdings ROCE % Historical Data

The historical data trend for Fairwood 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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Fairwood Holdings ROCE % Chart

Fairwood Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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25.42

8.31

10.22

5.03

5.48

Fairwood Holdings 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															10.38	-0.23	8.43	2.69	8.16

Fairwood Holdings ROCE % Calculation

Fairwood Holdings'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 )
	=	83.362	/	( ( (2337.268 - 782.322)	+	(2302.545 - 817.224) )	/ 2 )
	=	83.362	/	( (1554.946	+	1485.321)	/ 2 )
	=	83.362	/	1520.1335
	=	5.48 %

Fairwood Holdings'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 )
	=	118.922	/	( ( (2302.545 - 817.224)	+	(2339.746 - 909.062) )	/ 2 )
	=	118.922	/	( ( 1485.321	+	1430.684 )	/ 2 )
	=	118.922	/	1458.0025
	=	8.16 %

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

Fairwood Holdings (HKSE:00052) 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.

Fairwood Holdings ROCE % Related Terms

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Fairwood Holdings (HKSE:00052) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Fairwood Holdings Ltd (HKSE:00052) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FRWDF:USA

Address

18 Tanner Road, 2nd Floor, TRP Commercial Centre, North Point, Hong Kong, HKG

Website

https://www.fairwoodholdings.com.hk

Fairwood Holdings Ltd. is an investment holding company. It is engaged in the operation of fast-food restaurants and property investments. The group manages its operations by two divisions, based on the geographic location, namely Hong Kong restaurants, and Mainland China restaurants. It derives a majority of its revenue from operating restaurants in Hong Kong. Its eateries portfolio comprises crispy fried snacks, chicken wings, chicken curry with white rice, spaghetti, salads, and desserts, among other items.

Fairwood Holdings (HKSE:00052) Headlines

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