Ernest Borel Holdings (HKSE:01856) ROCE % : 16.27% (As of Dec. 2023)

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What is Ernest Borel 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. Ernest Borel Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.27%.

Ernest Borel Holdings ROCE % Historical Data

The historical data trend for Ernest Borel 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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Ernest Borel Holdings ROCE % Chart

Ernest Borel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-32.57

3.69

-11.80

-0.62

13.66

Ernest Borel 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															-27.23	-5.11	4.07	5.58	16.27

Ernest Borel Holdings ROCE % Calculation

Ernest Borel 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 )
	=	26.778	/	( ( (447.945 - 318.728)	+	(656.004 - 393.243) )	/ 2 )
	=	26.778	/	( (129.217	+	262.761)	/ 2 )
	=	26.778	/	195.989
	=	13.66 %

Ernest Borel 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 )
	=	42.656	/	( ( (642.612 - 381.133)	+	(656.004 - 393.243) )	/ 2 )
	=	42.656	/	( ( 261.479	+	262.761 )	/ 2 )
	=	42.656	/	262.12
	=	16.27 %

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

Ernest Borel Holdings (HKSE:01856) 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.

Ernest Borel Holdings ROCE % Related Terms

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Ernest Borel Holdings (HKSE:01856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ernest Borel Holdings Ltd (HKSE:01856) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Unit 1612-18, Level 16, Tower 1, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.ernestborel.ch

Ernest Borel Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sales of Swiss-made mechanical and quartz premium watches for men and women. Its collection of watches includes Royal, Braque, Jules, Borel, Retro, Cocktail, Galaxy, Cosmic, Heritage, Heartful, and other collections. Its geographical segments are China, Hong Kong, and Macau, and Others (mainly in Southeast Asia and Europe).

Ernest Borel Holdings (HKSE:01856) Headlines

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