Crazy Sports Group (HKSE:00082) ROCE % : -1.55% (As of Jun. 2024)

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What is Crazy Sports 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. Crazy Sports Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.55%.

Crazy Sports Group ROCE % Historical Data

The historical data trend for Crazy Sports 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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Crazy Sports Group ROCE % Chart

Crazy Sports Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.25

7.34

14.46

1.82

-2.66

Crazy Sports Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															9.58	-7.00	-2.24	-3.16	-1.55

Crazy Sports Group ROCE % Calculation

Crazy Sports 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 )
	=	-21.348	/	( ( (1199.626 - 377.857)	+	(1076.999 - 294.651) )	/ 2 )
	=	-21.348	/	( (821.769	+	782.348)	/ 2 )
	=	-21.348	/	802.0585
	=	-2.66 %

Crazy Sports 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 )
	=	-11.726	/	( ( (1076.999 - 294.651)	+	(1012.192 - 280.607) )	/ 2 )
	=	-11.726	/	( ( 782.348	+	731.585 )	/ 2 )
	=	-11.726	/	756.9665
	=	-1.55 %

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

Crazy Sports Group (HKSE:00082) 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.

Crazy Sports Group ROCE % Related Terms

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Crazy Sports Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Crazy Sports Group Ltd (HKSE:00082) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Matheson Street, Suites 3702-3, 37th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.ir.crazysports.com

Crazy Sports Group Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the development and operation of paid sports information platform, sports social interactive platform, sports quizzing platform, operation and publishing of sports and leisure games and provision of sales services of lottery tickets through retail channels. Its revenues are derived principally from the provision of games, sports social interactive platform, paid sports lottery information platform and provision of sale services of lottery tickets. The group sells virtual currency to end-users. The majority of revenue is attributable to customers in the PRC.

Executives

Cantrust (far East) Limited	2301 Trustee
Avis Trend Limited	2101 Beneficial owner
Wang Chun	2202 Interest of your spouse
Zhang Lijun	2101 Beneficial owner
Blazing Ace Limited	2101 Beneficial owner
Big Step Group Limited	2101 Beneficial owner

Crazy Sports Group Headlines

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