Meta Media Holdings (HKSE:00072) ROCE % : -3.06% (As of Dec. 2023)

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What is Meta Media Holdings 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. Meta Media Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.06%.

Meta Media Holdings ROCE % Historical Data

The historical data trend for Meta Media Holdings'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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Meta Media Holdings ROCE % Chart

Meta Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.42

-15.06

2.25

-14.29

-5.50

Meta Media Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															8.44	-4.10	-25.41	-7.54	-3.06

Meta Media Holdings ROCE % Calculation

Meta Media Holdings'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 )
	=	-22.641	/	( ( (800.327 - 365.936)	+	(741 - 352.46) )	/ 2 )
	=	-22.641	/	( (434.391	+	388.54)	/ 2 )
	=	-22.641	/	411.4655
	=	-5.50 %

Meta Media Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-12.568	/	( ( (772.824 - 339.187)	+	(741 - 352.46) )	/ 2 )
	=	-12.568	/	( ( 433.637	+	388.54 )	/ 2 )
	=	-12.568	/	411.0885
	=	-3.06 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Meta Media Holdings (HKSE:00072) 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.

Meta Media Holdings ROCE % Related Terms

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Meta Media Holdings (HKSE:00072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meta Media Holdings Ltd (HKSE:00072) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 213, Number 1 Software Park Road, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN

Website

https://www.modernmedia.com.cn

Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.

Executives

Zhou Shao-min	2202 Interest of your spouse
Shao Zhong	2101 Beneficial owner

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