Hung Fook Tong Group Holdings (HKSE:01446) ROCE % : -14.38% (As of Dec. 2023)

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What is Hung Fook Tong Group 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. Hung Fook Tong Group Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.38%.

Hung Fook Tong Group Holdings ROCE % Historical Data

The historical data trend for Hung Fook Tong Group 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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Hung Fook Tong Group Holdings ROCE % Chart

Hung Fook Tong Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.37

17.52

3.35

1.27

-9.91

Hung Fook Tong Group Holdings 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															1.57	2.97	-0.47	-5.55	-14.38

Hung Fook Tong Group Holdings ROCE % Calculation

Hung Fook Tong Group 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 )
	=	-36.257	/	( ( (759.788 - 372.415)	+	(713.763 - 369.395) )	/ 2 )
	=	-36.257	/	( (387.373	+	344.368)	/ 2 )
	=	-36.257	/	365.8705
	=	-9.91 %

Hung Fook Tong Group 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 )
	=	-51.47	/	( ( (739.846 - 368.44)	+	(713.763 - 369.395) )	/ 2 )
	=	-51.47	/	( ( 371.406	+	344.368 )	/ 2 )
	=	-51.47	/	357.887
	=	-14.38 %

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

Hung Fook Tong Group Holdings (HKSE:01446) 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.

Hung Fook Tong Group Holdings ROCE % Related Terms

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Hung Fook Tong Group Holdings (HKSE:01446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hung Fook Tong Group Holdings Ltd (HKSE:01446) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dai King Street, Tai Po Industrial Estate, New Territories, Tai Po, Hong Kong, HKG

Website

https://www.hungfooktong.com

Hung Fook Tong Group Holdings Ltd is engaged in the production and sales of Chinese herbal drinks and other drink products, Chinese-style soups, herbal tortoise plastron jelly, and other food products under the Hung Fook Tong brand. Its segments include Hong Kong Retail and Wholesale. It derives the majority of its revenue from Hong Kong Retail segment with a presence in PRC, Hong Kong, and Overseas Countries.

Executives

Tse Po Tat	2201 Interest of corporation controlled by you
Wong Pui Chu	2201 Interest of corporation controlled by you
Prestigious Time Limited	2103 Interests held jointly with another person
Think Expert Investments Limited	2103 Interests held jointly with another person
Yitao Investments Limited	2103 Interests held jointly with another person
Chan Suk Hing Comita	2202 Interest of your spouse
Kwan Chan Lai Lai	2202 Interest of your spouse
Kwan Wang Yung

Hung Fook Tong Group Holdings (HKSE:01446) Headlines

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