Crypto Flow Technology (HKSE:08198) ROC % : 0.00% (As of Jun. 2024)

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What is Crypto Flow Technology ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Crypto Flow Technology's annualized return on capital (ROC %) for the quarter that ended in Jun. 2024 was 0.00%.

As of today (2025-04-04), Crypto Flow Technology's WACC % is 13.66%. Crypto Flow Technology's ROC % is -42.66% (calculated using TTM income statement data). Crypto Flow Technology earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Crypto Flow Technology ROC % Historical Data

The historical data trend for Crypto Flow Technology's ROC % 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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Crypto Flow Technology ROC % Chart

Crypto Flow Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROC %

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-17.44

-10.99

-9.51

-9.15

-34.75

Crypto Flow Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROC %	Get a 7-Day Free Trial															-9.87	-13.08	-15.46	-139.01	-

Crypto Flow Technology ROC % Calculation

Crypto Flow Technology's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-24.773 * ( 1 - -1.19% )	/	( (89.32	+	54.953)	/ 2 )
=	-25.0677987	/	72.1365
=	-34.75 %

where

	Invested Capital		(A: Dec. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	109.716	-	10.874	-	( 9.522	-	max(0, 32.453	-	73.505	+	9.522	))
=	89.32

	Invested Capital		(A: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	70.142	-	11.938	-	( 3.251	-	max(0, 15.733	-	40.303	+	3.251	))
=	54.953

Crypto Flow Technology's annualized Return on Capital (ROC %) for the quarter that ended in Jun. 2024 is calculated as:

	ROC % (Q: Jun. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Jun. 2024 ))	/ count )
=	0 * ( 1 - 0% )	/	( (54.953	+	68.002)	/ 2 )
=	0	/	61.4775
=	0.00 %

where

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	70.142	-	11.938	-	( 3.251	-	max(0, 15.733	-	40.303	+	3.251	))
=	54.953

	Invested Capital		(Q: Jun. 2024 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	77.772	-	6.699	-	( 3.071	-	max(0, 23.243	-	35.061	+	3.071	))
=	68.002

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

Crypto Flow Technology (HKSE:08198) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Crypto Flow Technology's WACC % is 13.66%. Crypto Flow Technology's ROC % is -42.66% (calculated using TTM income statement data). Crypto Flow Technology earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Crypto Flow Technology ROC % Related Terms

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Crypto Flow Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crypto Flow Technology Ltd (HKSE:08198) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

89 Queensway, Unit 1905, 19th Floor, Tower Two Lippo Centre, Hong Kong, HKG

Website

http://www.cryptoflowhk.com

Crypto Flow Technology Ltd is engaged in the provision of data analysis and storage services Big Data Centre Services, Data processors leasing services, Data Processors Leasing Services, and Money lending business in Hong Kong. It operates in three segments Provision of Big Data Centre Services, Data Centre Services, and Money lending business. It generates maximum revenue from Big Data Centre Services. It operates in Mainland China and Hong Kong, and the majority of its revenue comes from Hong Kong.

Executives

Manful Kingdom Limited	2101 Beneficial owner
Fu Jie Pin	2201 Interest of corporation controlled by you
Xia Bing	2202 Interest of your spouse
Beyond Power Global Limited	2101 Beneficial owner
Yeung Hin Ming, Bosco	2201 Interest of corporation controlled by you
Ever Marvel Group Limited	2101 Beneficial owner
Wang Heng	2201 Interest of corporation controlled by you
Si Chuan Heng Jia Neng Yuan Kai Fa Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Bit Mining Limited (formerly Known As 500.com Limited)	2101 Beneficial owner
Law Man San Vincent	2201 Interest of corporation controlled by you
Yuan Ping

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