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Linmon Media (FRA:8MN) ROCE % : -3.00% (As of Jun. 2024)


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What is Linmon Media 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. Linmon Media's annualized ROCE % for the quarter that ended in Jun. 2024 was -3.00%.


Linmon Media ROCE % Historical Data

The historical data trend for Linmon Media'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.

Linmon Media ROCE % Chart

Linmon Media Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
6.96 22.11 - -77.23 9.71

Linmon Media Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only - -141.62 11.60 8.06 -3.00

Linmon Media ROCE % Calculation

Linmon Media'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 )
=36.98/( ( (444.429 - 72.239) + (458.167 - 68.385) )/ 2 )
=36.98/( (372.19+389.782)/ 2 )
=36.98/380.986
=9.71 %

Linmon Media'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 )
=-11.552/( ( (458.167 - 68.385) + (434.113 - 54.415) )/ 2 )
=-11.552/( ( 389.782 + 379.698 )/ 2 )
=-11.552/384.74
=-3.00 %

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


Linmon Media  (FRA:8MN) 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.


Linmon Media ROCE % Related Terms

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Linmon Media Business Description

Traded in Other Exchanges
Address
SOHO Renaissance Plaza, 28th Floor, Building A, Huangpu District, Shanghai, CHN
Linmon Media Ltd is a drama series production company in China with a track record of creating premium content. The company typically creates high viewership drama series based on its abundant reserve of original IPs. The majority of the Company's revenue is earned in Mainland China.

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