Blue Hat Interactive Entertainment Technology (FRA:4Y8) ROCE % : -5.75% (As of Jun. 2024)

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What is Blue Hat Interactive Entertainment Technology 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. Blue Hat Interactive Entertainment Technology's annualized ROCE % for the quarter that ended in Jun. 2024 was -5.75%.

Blue Hat Interactive Entertainment Technology ROCE % Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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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Blue Hat Interactive Entertainment Technology ROCE % Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.64

18.66

-139.58

-46.47

-94.74

Blue Hat Interactive Entertainment Technology Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial									-32.23	-74.35	-48.27	-164.86	-5.75

Blue Hat Interactive Entertainment Technology ROCE % Calculation

Blue Hat Interactive Entertainment Technology'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 )
	=	-26.483	/	( ( (32.357 - 16.433)	+	(45.174 - 5.194) )	/ 2 )
	=	-26.483	/	( (15.924	+	39.98)	/ 2 )
	=	-26.483	/	27.952
	=	-94.74 %

Blue Hat Interactive Entertainment Technology's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-2.284	/	( ( (45.174 - 5.194)	+	(45.757 - 6.247) )	/ 2 )
	=	-2.284	/	( ( 39.98	+	39.51 )	/ 2 )
	=	-2.284	/	39.745
	=	-5.75 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Blue Hat Interactive Entertainment Technology (FRA:4Y8) 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.

Blue Hat Interactive Entertainment Technology ROCE % Related Terms

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Blue Hat Interactive Entertainment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (FRA:4Y8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BHAT:USA

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.

Blue Hat Interactive Entertainment Technology Headlines

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