Neptune Group (Neptune Group) ROCE % : -1.27% (As of Dec. 2023)

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What is Neptune Group 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. Neptune Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.27%.

Neptune Group ROCE % Historical Data

The historical data trend for Neptune Group'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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Neptune Group ROCE % Chart

Neptune Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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2.81

-0.94

-1.13

0.17

0.54

Neptune Group 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															0.95	-0.56	0.93	0.14	-1.27

Neptune Group ROCE % Calculation

Neptune Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	0.95	/	( ( (184.84 - 5.851)	+	(185.805 - 12.068) )	/ 2 )
	=	0.95	/	( (178.989	+	173.737)	/ 2 )
	=	0.95	/	176.363
	=	0.54 %

Neptune Group'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 )
	=	-2.214	/	( ( (185.805 - 12.068)	+	(194.869 - 21.164) )	/ 2 )
	=	-2.214	/	( ( 173.737	+	173.705 )	/ 2 )
	=	-2.214	/	173.721
	=	-1.27 %

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

Neptune Group (OTCPK:NPGPF) 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.

Neptune Group ROCE % Related Terms

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Neptune Group (Neptune Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Neptune Group Ltd (OTCPK:NPGPF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

00070:Hong Kong MRU3:Germany

Address

168-200 Connaught Road Central, Room 1807, 18th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

http://www.richgoldman.com.hk

Rich Goldman Holdings Ltd is an investment holding company. The company's operating segment includes Gaming and Entertainment Business; Money lending business; Hotel operations and Property leasing. It generates maximum revenue from the Money lending business segment. Geographically, it operates in Hong Kong, Macau and People's Republic of China and it derives a majority of revenue from Hong Kong.

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