Inkeverse Group (FRA:5IK) ROCE % : 7.31% (As of Jun. 2024)

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What is Inkeverse Group 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. Inkeverse Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 7.31%.

Inkeverse Group ROCE % Historical Data

The historical data trend for Inkeverse Group'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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Inkeverse Group ROCE % Chart

Inkeverse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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5.95

12.94

-2.05

11.42

5.77

Inkeverse Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial												-3.27	11.10	11.97	7.31	4.20

Inkeverse Group ROCE % Calculation

Inkeverse Group'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 )
	=	61.892	/	( ( (631.068 - 103.221)	+	(660.852 - 105.203) )	/ 2 )
	=	61.892	/	( (527.847	+	555.649)	/ 2 )
	=	61.892	/	541.748
	=	11.42 %

Inkeverse Group'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 )
	=	40.884	/	( ( (660.852 - 105.203)	+	(679.303 - 116.325) )	/ 2 )
	=	40.884	/	( ( 555.649	+	562.978 )	/ 2 )
	=	40.884	/	559.3135
	=	7.31 %

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

Inkeverse Group (FRA:5IK) 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.

Inkeverse Group ROCE % Related Terms

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Inkeverse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Inkeverse Group Ltd (FRA:5IK) » Definitions » ROCE %

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03700:Hong Kong

Address

Zone C, Block A, Greenland Center, Area 4, Wangjing East Garden, Chaoyang District, Beijing, CHN, 100102

Website

https://www.inkeverse.com

Inkeverse Group Ltd is engaged in operating the live streaming platform and provision of advertising services in the People's Republic of China. The group business activities are mainly in the live streaming business and generate revenue from the same. It engages in the provision of value-added telecommunications services, internet cultural services, online audio and video program services, and talent agency services. Geographically, it derives revenue from China.

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