Best Food Holding Co (HKSE:01488) ROCE % : -28.74% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Best Food Holding Co 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. Best Food Holding Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -28.74%.

Best Food Holding Co ROCE % Historical Data

The historical data trend for Best Food Holding Co'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.

* Premium members only.

Best Food Holding Co ROCE % Chart

Best Food Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.95

-6.05

-43.79

-11.82

-12.15

Best Food Holding Co 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															-90.96	-15.77	-9.00	3.49	-28.74

Best Food Holding Co ROCE % Calculation

Best Food Holding Co'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 )
	=	-121.898	/	( ( (1500.145 - 379.207)	+	(1212.302 - 325.926) )	/ 2 )
	=	-121.898	/	( (1120.938	+	886.376)	/ 2 )
	=	-121.898	/	1003.657
	=	-12.15 %

Best Food Holding Co'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 )
	=	-282.206	/	( ( (1421.921 - 344.51)	+	(1212.302 - 325.926) )	/ 2 )
	=	-282.206	/	( ( 1077.411	+	886.376 )	/ 2 )
	=	-282.206	/	981.8935
	=	-28.74 %

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

Best Food Holding Co (HKSE:01488) 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.

Best Food Holding Co ROCE % Related Terms

Thank you for viewing the detailed overview of Best Food Holding Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Best Food Holding Co (HKSE:01488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Best Food Holding Co Ltd (HKSE:01488) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Finance Street, Suite 11, 70th Floor, Two International Finance Centre, Central, Hong Kong, HKG

Website

http://www.bestfoodholding.com

Best Food Holding Co Ltd is principally engaged in the operation of chain restaurants. It is involved in the Chinese fast-food restaurant chain and actively seeks relevant investment opportunities along the value chain of the catering industry. Its revenue is generated from the Food and beverage business. Geographically, it derives maximum revenue from PRC. It also has operations in the USA, Canada, Italy, Germany, Hong Kong, South American countries, UK, the Netherlands, the Middle East and Africa, Other European countries, and Other Asian countries.

Best Food Holding Co (HKSE:01488) Headlines

No Headlines