Sing Tao News (HKSE:01105) ROCE % : -5.09% (As of Jun. 2024)

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What is Sing Tao News 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. Sing Tao News's annualized ROCE % for the quarter that ended in Jun. 2024 was -5.09%.

Sing Tao News ROCE % Historical Data

The historical data trend for Sing Tao News'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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Sing Tao News ROCE % Chart

Sing Tao News Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.65

-4.07

-6.81

-6.55

-2.45

Sing Tao News 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															-11.40	-1.79	-4.46	-0.46	-5.09

Sing Tao News ROCE % Calculation

Sing Tao News'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 )
	=	-45.617	/	( ( (2054.643 - 175.965)	+	(2011.209 - 163.42) )	/ 2 )
	=	-45.617	/	( (1878.678	+	1847.789)	/ 2 )
	=	-45.617	/	1863.2335
	=	-2.45 %

Sing Tao News'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 )
	=	-92.668	/	( ( (2011.209 - 163.42)	+	(1946.401 - 155.849) )	/ 2 )
	=	-92.668	/	( ( 1847.789	+	1790.552 )	/ 2 )
	=	-92.668	/	1819.1705
	=	-5.09 %

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

Sing Tao News (HKSE:01105) 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.

Sing Tao News ROCE % Related Terms

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Sing Tao News Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sing Tao News Corp Ltd (HKSE:01105) » Definitions » ROCE %

Traded in Other Exchanges

PVGB:Germany

Address

7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG

Website

https://www.singtaonewscorp.com

Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Executives

Lin Ho Man	2101 Beneficial owner
Vast Resources International Limited	2101 Beneficial owner
Power Giant Holdings Limited	2101 Beneficial owner
Kwok Hiu Ting	2101 Beneficial owner
Choi Karson Ka Tsan	2201 Interest of corporation controlled by you

Sing Tao News Headlines

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