Bossini International Holdings (HKSE:00592) ROCE % : -76.54% (As of Dec. 2023)

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What is Bossini International 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. Bossini International Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -76.54%.

Bossini International Holdings ROCE % Historical Data

The historical data trend for Bossini International 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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Bossini International Holdings ROCE % Chart

Bossini International Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

ROCE %

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-13.06

-56.93

-30.27

-30.81

-77.81

Bossini International Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-31.27	10.86	-82.49	-44.11	-76.54

Bossini International Holdings ROCE % Calculation

Bossini International Holdings'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 )
	=	-213.225	/	( ( (513.791 - 247.992)	+	(540.153 - 257.902) )	/ 2 )
	=	-213.225	/	( (265.799	+	282.251)	/ 2 )
	=	-213.225	/	274.025
	=	-77.81 %

Bossini International Holdings'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 )
	=	-272.848	/	( ( (787.293 - 356.611)	+	(540.153 - 257.902) )	/ 2 )
	=	-272.848	/	( ( 430.682	+	282.251 )	/ 2 )
	=	-272.848	/	356.4665
	=	-76.54 %

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

Bossini International Holdings (HKSE:00592) 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.

Bossini International Holdings ROCE % Related Terms

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Bossini International Holdings (HKSE:00592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bossini International Holdings Ltd (HKSE:00592) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Tong Yin Street, 2nd Floor, PopOffice, Tseung Kwan O, Kowloon, Hong Kong, HKG

Website

https://www.bossini.com

Bossini International Holdings Ltd is an investment holding company. It is engaged in the retailing, distribution, and wholesaling of garments. The company's geographical segment includes Hong Kong and Macau; Mainland China and Singapore. It generates maximum revenue from the Hong Kong and Macau segment. The company offers casual wear apparel products including men's, ladies and kid's wear.

Bossini International Holdings (HKSE:00592) Headlines

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