Luk Fook Holdings (International) (HKSE:00590) ROCE % : 18.29% (As of Sep. 2023)

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What is Luk Fook Holdings (International) 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. Luk Fook Holdings (International)'s annualized ROCE % for the quarter that ended in Sep. 2023 was 18.29%.

Luk Fook Holdings (International) ROCE % Historical Data

The historical data trend for Luk Fook Holdings (International)'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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Luk Fook Holdings (International) ROCE % Chart

Luk Fook Holdings (International) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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17.62

10.71

11.46

14.30

12.81

Luk Fook Holdings (International) 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															13.99	14.75	13.43	12.67	18.29

Luk Fook Holdings (International) ROCE % Calculation

Luk Fook Holdings (International)'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 )
	=	1586.154	/	( ( (16220.269 - 3908.586)	+	(14928.506 - 2466.431) )	/ 2 )
	=	1586.154	/	( (12311.683	+	12462.075)	/ 2 )
	=	1586.154	/	12386.879
	=	12.81 %

Luk Fook Holdings (International)'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 )
	=	2309.462	/	( ( (14928.506 - 2466.431)	+	(15979.373 - 3182.252) )	/ 2 )
	=	2309.462	/	( ( 12462.075	+	12797.121 )	/ 2 )
	=	2309.462	/	12629.598
	=	18.29 %

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

Luk Fook Holdings (International) (HKSE:00590) 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.

Luk Fook Holdings (International) ROCE % Related Terms

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Luk Fook Holdings (International) (HKSE:00590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luk Fook Holdings (International) Ltd (HKSE:00590) » Definitions » ROCE %

Traded in Other Exchanges

LKFLF:USA LUY1:Germany

Address

No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG

Website

https://www.lukfook.com

Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

Luk Fook Holdings (International) (HKSE:00590) Headlines

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