ZW Data Action Technologies (ZW Data Action Technologies) ROCE % : -61.28% (As of Sep. 2023)

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What is ZW Data Action Technologies 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. ZW Data Action Technologies's annualized ROCE % for the quarter that ended in Sep. 2023 was -61.28%.

ZW Data Action Technologies ROCE % Historical Data

The historical data trend for ZW Data Action Technologies'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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ZW Data Action Technologies ROCE % Chart

ZW Data Action Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-113.32

-12.19

-47.15

-74.56

-47.64

ZW Data Action Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-36.80	-71.64	-39.66	-44.93	-61.28

ZW Data Action Technologies ROCE % Calculation

ZW Data Action Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-8.996	/	( ( (32.631 - 8.821)	+	(19.658 - 5.7) )	/ 2 )
	=	-8.996	/	( (23.81	+	13.958)	/ 2 )
	=	-8.996	/	18.884
	=	-47.64 %

ZW Data Action Technologies's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-6.424	/	( ( (16.246 - 4.967)	+	(14.779 - 5.092) )	/ 2 )
	=	-6.424	/	( ( 11.279	+	9.687 )	/ 2 )
	=	-6.424	/	10.483
	=	-61.28 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

ZW Data Action Technologies (NAS:CNET) 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.

ZW Data Action Technologies ROCE % Related Terms

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ZW Data Action Technologies (ZW Data Action Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZW Data Action Technologies Inc (NAS:CNET) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Fengfu Road, Room 1811, Xinghuo Keji Plaza, Fengtai District, Beijing, CHN, 100195

Website

https://www.zdat.com

ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients.

Executives

Changhua Qiu	director	NO.3 MIN ZHUANG RD. BUILDING 6, YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING F4 100195
Handong Cheng	director, 10 percent owner, officer: See Remarks	C/O CHINA NET ONLINE MEDIA GROUP LTD.NO3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT F4 100195
Xuanfu Liu	10 percent owner, officer: Chief Operating Officer	C/OCHINA NET ONLINE MEDIA GROUP LTD. NO3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT F4 100195
Rise King Investment Ltd	10 percent owner	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG YU QUAN HUI GU TUSPARK, HAIDIAN F4 100195
Zhige Zhang	director, officer: Chief Financial Officer	C/O CHINA NET ONLINE MEDIA GROUP LTD.NO3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT F4 100195
Kai Chu	officer: Chief Operating Officer	C/O CHINANET ONLINE HOLDINGS INC.,NO.3, MIN ZHUANG RD, BLDG 6 YU QUAN HUI GU TUS, HAIDIAN DISTRICT, BEIJING F4 100195
Douglas Charles Maclellan	director	11825 MAJOR STREET, CULVER CITY CA 90230
Mototaka Watanabe	director	7-29-13 KAMIKIZAKI, URAWA-KU, SAITAMA-SHI, SAITAMA-KEN M0 000000
Zhiqing Chen	director	18/F UNIVERSAL MANSION, 168 YU YUAN ROAD, SHANGHAI F4 200040
Li Sun	10 percent owner	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING NY 100195
Kotoi Hirofumi	director	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING F4 100195
Hai Cui	officer: VP, Head of Bank Kiosk Unit	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG RD. YU QUAN HUI GU TUSPARK, HAIDIAN DISTRICT, BEIJING F4 100195
Li Wang	officer: VP, Head of Human Resources	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG YU QUAN HUI GU TUSPARK, BEIJING F4 100195
Hu Wen	officer: VP, Head of TV Operations	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG YU QUAN HUI GU TUSPARK, BEIJING F4 100195
Xinwei Liu	officer: VGM, Head of 28.com	C/O CHINANET ONLINE MEDIA GROUP LTD.NO.3, MIN ZHUANG YU QUAN HUI GU TUSPARK, BEIJING F4 100195