Asphere Innovations PCL (BKK:AS-F) ROCE % : 34.42% (As of Mar. 2024)

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What is Asphere Innovations PCL 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. Asphere Innovations PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 34.42%.

Asphere Innovations PCL ROCE % Historical Data

The historical data trend for Asphere Innovations PCL'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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Asphere Innovations PCL ROCE % Chart

Asphere Innovations PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.33

103.91

84.69

32.74

24.18

Asphere Innovations PCL 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															19.23	14.52	40.44	24.24	34.42

Asphere Innovations PCL ROCE % Calculation

Asphere Innovations PCL'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 )
	=	261.39	/	( ( (1389.963 - 336.147)	+	(1680.716 - 572.872) )	/ 2 )
	=	261.39	/	( (1053.816	+	1107.844)	/ 2 )
	=	261.39	/	1080.83
	=	24.18 %

Asphere Innovations PCL'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 )
	=	376.476	/	( ( (1680.716 - 572.872)	+	(1575.36 - 495.911) )	/ 2 )
	=	376.476	/	( ( 1107.844	+	1079.449 )	/ 2 )
	=	376.476	/	1093.6465
	=	34.42 %

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

Asphere Innovations PCL (BKK:AS-F) 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.

Asphere Innovations PCL ROCE % Related Terms

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Asphere Innovations PCL (BKK:AS-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Asphere Innovations PCL (BKK:AS-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AS:Thailand 5ASA:Germany

Address

Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240

Website

https://www.asiasoft.net

Asphere Innovations PCL is engaged in providing online game services. It operates in two segments: Online game segment, which provides online game services through the internet that perform based on the agreement of the publisher with the game developer; and The distribution segment is a business that provides payment channel services. Nearly all of its revenue comes from the Online game segment. Some of the games offered by the company include Audition Online, Crossout, Elsword, Mission Against Terror 2, Mosiang Online, Perfect World, RF Online, Wulin Online, HuangYi Mobile, Real Yulgang Mobile, and Tales of Fairy Empire. Its geographical segments include Thailand, Singapore, Malaysia, the Philippines, and other countries.

Asphere Innovations PCL (BKK:AS-F) Headlines

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