Cabbeen Fashion (HKSE:02030) ROCE % : 7.01% (As of Dec. 2023)

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What is Cabbeen Fashion 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. Cabbeen Fashion's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.01%.

Cabbeen Fashion ROCE % Historical Data

The historical data trend for Cabbeen Fashion'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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Cabbeen Fashion ROCE % Chart

Cabbeen Fashion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.10

21.17

16.93

-4.00

6.08

Cabbeen Fashion 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															10.72	6.04	-14.43	5.20	7.01

Cabbeen Fashion ROCE % Calculation

Cabbeen Fashion'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 )
	=	90.965	/	( ( (2454.55 - 938.092)	+	(2435.051 - 958.905) )	/ 2 )
	=	90.965	/	( (1516.458	+	1476.146)	/ 2 )
	=	90.965	/	1496.302
	=	6.08 %

Cabbeen Fashion'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 )
	=	103.832	/	( ( (2424.316 - 938.185)	+	(2435.051 - 958.905) )	/ 2 )
	=	103.832	/	( ( 1486.131	+	1476.146 )	/ 2 )
	=	103.832	/	1481.1385
	=	7.01 %

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

Cabbeen Fashion (HKSE:02030) 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.

Cabbeen Fashion ROCE % Related Terms

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Cabbeen Fashion (HKSE:02030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cabbeen Fashion Ltd (HKSE:02030) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Kai Tai Da Road, 9th Floor, Block C, Huang Pu District, Guangzhou, CHN, 510700

Website

https://www.cabbeen.com

Cabbeen Fashion Ltd is a Chinese designer brand. The company designs and sells apparel for men, women, and children under four brands, namely, Cabbeen, Cabbeen Urban, Cabbeen Love, and 2AM. Its retail network covers 31 provinces, autonomous regions, municipalities, and several online platforms in the People's Republic of China. The company is also engaged in the e-commerce business.

Executives

Acute Result Holdings Limited	2101 Beneficial owner
Ke Liting	2202 Interest of your spouse
Yang Ziming	2201 Interest of corporation controlled by you

Cabbeen Fashion (HKSE:02030) Headlines

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