Mobicon Group (HKSE:01213) ROCE % : 6.85% (As of Sep. 2023)

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What is Mobicon 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. Mobicon Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 6.85%.

Mobicon Group ROCE % Historical Data

The historical data trend for Mobicon 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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Mobicon Group ROCE % Chart

Mobicon Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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3.02

3.34

14.27

16.22

7.16

Mobicon Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															19.06	13.58	9.06	5.63	6.85

Mobicon Group ROCE % Calculation

Mobicon Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	13.557	/	( ( (355.925 - 162.695)	+	(320.093 - 134.883) )	/ 2 )
	=	13.557	/	( (193.23	+	185.21)	/ 2 )
	=	13.557	/	189.22
	=	7.16 %

Mobicon Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	12.31	/	( ( (320.093 - 134.883)	+	(292.775 - 118.571) )	/ 2 )
	=	12.31	/	( ( 185.21	+	174.204 )	/ 2 )
	=	12.31	/	179.707
	=	6.85 %

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

Mobicon Group (HKSE:01213) 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.

Mobicon Group ROCE % Related Terms

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Mobicon Group (HKSE:01213) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobicon Group Ltd (HKSE:01213) » Definitions » ROCE %

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Address

704 Prince Edward Road East, 7th Floor, New Trend Centre, San Po Kong, Kowloon, Hong Kong, HKG

Website

http://www.mobicon.com

Mobicon Group Ltd is a Hong Kong-based investment holding company principally engaged in the electronic trading business. The Company operates through three business segments. The Electronic Trading Business segment is engaged in the distribution of electronic components, automation parts and equipment. The Computer Business segment is engaged in the retail of computer products, mobile accessories; distribution of computer products; provision of information technology (IT) outsourcing and solution services. The Cosmetic and Online Retail Business segment is engaged in the retail and distribution of cosmetic products. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the Asia Pacific, South Africa, Europe, and Other Countries.

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