Lever Style (HKSE:01346) ROCE % : 44.47% (As of Dec. 2023)

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What is Lever Style 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. Lever Style's annualized ROCE % for the quarter that ended in Dec. 2023 was 44.47%.

Lever Style ROCE % Historical Data

The historical data trend for Lever Style'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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Lever Style ROCE % Chart

Lever Style Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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29.34

1.73

15.81

42.69

35.82

Lever Style Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								18.94	32.77	54.27	29.91	44.47

Lever Style ROCE % Calculation

Lever Style'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 )
	=	144.63	/	( ( (708.713 - 325.375)	+	(695.822 - 271.57) )	/ 2 )
	=	144.63	/	( (383.338	+	424.252)	/ 2 )
	=	144.63	/	403.795
	=	35.82 %

Lever Style'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 )
	=	176.798	/	( ( (637.395 - 266.573)	+	(695.822 - 271.57) )	/ 2 )
	=	176.798	/	( ( 370.822	+	424.252 )	/ 2 )
	=	176.798	/	397.537
	=	44.47 %

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

Lever Style (HKSE:01346) 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.

Lever Style ROCE % Related Terms

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Lever Style (HKSE:01346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lever Style Corp (HKSE:01346) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.leverstyle.com

Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

Executives

Imaginative Company Limited	2201 Interest of corporation controlled by you
Lever Style Holdings Limited	2101 Beneficial owner
Szeto Chi Yan Stanley	2201 Interest of corporation controlled by you
Fung Capital Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Fung Portfolio Limited	2201 Interest of corporation controlled by you
Fung Kwok Lun William	2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Poolside Ventures Limited	2201 Interest of corporation controlled by you
Kci Limited	2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited	2101 Beneficial owner
Fong Tong	2201 Interest of corporation controlled by you

Lever Style (HKSE:01346) Headlines

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