Lam Soon (Hong Kong) (HKSE:00411) ROCE % : 11.06% (As of Dec. 2023)

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What is Lam Soon (Hong Kong) 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. Lam Soon (Hong Kong)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 11.06%.

Lam Soon (Hong Kong) ROCE % Historical Data

The historical data trend for Lam Soon (Hong Kong)'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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Lam Soon (Hong Kong) ROCE % Chart

Lam Soon (Hong Kong) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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17.61

16.51

15.61

9.73

3.14

Lam Soon (Hong Kong) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.75	6.51	3.49	2.83	11.06

Lam Soon (Hong Kong) ROCE % Calculation

Lam Soon (Hong Kong)'s annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	90.779	/	( ( (3800.961 - 827.785)	+	(3424.978 - 622.024) )	/ 2 )
	=	90.779	/	( (2973.176	+	2802.954)	/ 2 )
	=	90.779	/	2888.065
	=	3.14 %

Lam Soon (Hong Kong)'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 )
	=	316.632	/	( ( (3424.978 - 622.024)	+	(3597.343 - 672.193) )	/ 2 )
	=	316.632	/	( ( 2802.954	+	2925.15 )	/ 2 )
	=	316.632	/	2864.052
	=	11.06 %

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

Lam Soon (Hong Kong) (HKSE:00411) 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.

Lam Soon (Hong Kong) ROCE % Related Terms

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Lam Soon (Hong Kong) (HKSE:00411) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lam Soon (Hong Kong) Ltd (HKSE:00411) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Dai Fu Street, Lam Soon Building, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.lamsoon.com

Lam Soon (Hong Kong) Ltd is an investment holding company. It is engaged in the manufacturing of food and detergent products. The company's business segments, which are based on its activities are Food and Home Care. The food segment includes the manufacturing and distribution of food products including flour, edible oils, and vegetable fats. The Home Care segment includes the manufacturing and distribution of household cleaning products including liquid dishwashing detergent, laundry powder, liquid laundry detergent, fabric softener, floor cleaner, and industrial marble cleanser. It generates the majority of the revenue from the Food segment activities. It has operations in Hong Kong, and international countries, of which the majority of the revenue is derived from Mainland China.

Executives

Davos Investment Holdings Private Limited
Guoline Capital Assets Limited
Hong Leong Investment Holdings Pte. Ltd.
Kwek Leng Kee
Quek Leng Chan
Whang Sun Tze	2101 Beneficial owner

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