Values Cultural Investment (HKSE:01740) ROCE % : -77.91% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Values Cultural Investment 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. Values Cultural Investment's annualized ROCE % for the quarter that ended in Dec. 2023 was -77.91%.

Values Cultural Investment ROCE % Historical Data

The historical data trend for Values Cultural Investment'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.

Values Cultural Investment ROCE % Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

9.61

0.93

-9.87

-35.12

-42.99

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-13.73	-7.75	-64.22	-9.45	-77.91

Values Cultural Investment ROCE % Calculation

Values Cultural Investment'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 )
	=	-108.083	/	( ( (337.29 - 29.546)	+	(223.787 - 28.729) )	/ 2 )
	=	-108.083	/	( (307.744	+	195.058)	/ 2 )
	=	-108.083	/	251.401
	=	-42.99 %

Values Cultural Investment'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 )
	=	-188.028	/	( ( (315.165 - 27.522)	+	(223.787 - 28.729) )	/ 2 )
	=	-188.028	/	( ( 287.643	+	195.058 )	/ 2 )
	=	-188.028	/	241.3505
	=	-77.91 %

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

Values Cultural Investment (HKSE:01740) 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.

Values Cultural Investment ROCE % Related Terms

Thank you for viewing the detailed overview of Values Cultural Investment's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Values Cultural Investment (HKSE:01740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

Values Cultural Investment (HKSE:01740) Headlines

No Headlines