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Agape ATP (Agape ATP) ROCE % : -67.39% (As of Mar. 2024)


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What is Agape ATP 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. Agape ATP's annualized ROCE % for the quarter that ended in Mar. 2024 was -67.39%.

Agape ATP ROCE % Historical Data

The historical data trend for Agape ATP'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.

Agape ATP ROCE % Chart

Agape ATP Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial -2.71 -2.94 -38.79 -61.63 -68.87

Agape ATP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -134.87 -139.33 -157.13 -151.95 -67.39

Agape ATP ROCE % Calculation

Agape ATP'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 )
=-2.147/( ( (2.792 - 1.229) + (5.744 - 1.072) )/ 2 )
=-2.147/( (1.563+4.672)/ 2 )
=-2.147/3.1175
=-68.87 %

Agape ATP's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-2.896/( ( (5.744 - 1.072) + (4.767 - 0.844) )/ 2 )
=-2.896/( ( 4.672 + 3.923 )/ 2 )
=-2.896/4.2975
=-67.39 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

* 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.

Agape ATP  (NAS:ATPC) 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.

Agape ATP ROCE % Related Terms

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Agape ATP (Agape ATP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agape ATP Corp (NAS:ATPC) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
Jalan Desa Bahagia, Taman Desa, Tower 2, Lot 1705-1708, 17th Floor, Faber Towers, Kuala Lumpur, SGR, MYS, 58100
Website
https://www.agapeatp.com
Agape ATP Corp through its subsidiaries is engaged in providing health and wellness products and health solution advisory services. The principal activities of the company are to supply high-quality health and wellness products, including a supplement to assist in cell metabolism, detoxification, blood circulation, anti-aging and products designed to improve the overall health system in a body. Its product portfolio includes ATP1s Survivor Select, ATP2 Energized Mineral Concentrate, ATP3 Ionized Cal-Mag, ATP4 Omega Blend, AGN-Vege Fruit Fiber and Others.