Wanka Online (HKSE:01762) ROCE % : 8.70% (As of Jun. 2024)

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What is Wanka Online 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. Wanka Online's annualized ROCE % for the quarter that ended in Jun. 2024 was 8.70%.

Wanka Online ROCE % Historical Data

The historical data trend for Wanka Online'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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Wanka Online ROCE % Chart

Wanka Online Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.10

8.76

7.23

-7.09

3.17

Wanka Online Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial												10.37	-24.61	8.05	-1.77	8.70

Wanka Online ROCE % Calculation

Wanka Online'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 )
	=	48.806	/	( ( (2134.153 - 592.999)	+	(2158.824 - 616.774) )	/ 2 )
	=	48.806	/	( (1541.154	+	1542.05)	/ 2 )
	=	48.806	/	1541.602
	=	3.17 %

Wanka Online'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 )
	=	135.236	/	( ( (2158.824 - 616.774)	+	(2325.88 - 757.619) )	/ 2 )
	=	135.236	/	( ( 1542.05	+	1568.261 )	/ 2 )
	=	135.236	/	1555.1555
	=	8.70 %

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

Wanka Online (HKSE:01762) 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.

Wanka Online ROCE % Related Terms

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Wanka Online Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wanka Online Inc (HKSE:01762) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Jiuxianqiao Road, 4th Floor, Building No. B22, Universal Business Park, Chaoyang District, Beijing, CHN, 100101

Website

http://www.wankaonline.com

Wanka Online Inc is a technology company in the mobile Internet market, helping connect businesses from various industries to various Android-based smartphone users in China. It provides Android-based content distribution services for marketers. It has four operating segments: The mobile advertising services; online video distribution services; Game co-publishing services; and Software maintenance services. It generates a vast majority of its revenues from the mobile advertising services segment.

Executives

Wanka Media Limited	2201 Interest of corporation controlled by you
Jiang Yu	2103 Interests held jointly with another person
Pioneerhorizons Holdings Limited	2103 Interests held jointly with another person
Countryside Tech Inc.	2103 Interests held jointly with another person
Feng Chun	2202 Interest of your spouse
Gao Dinan	2201 Interest of corporation controlled by you
Lu Haiyan	2202 Interest of your spouse
Zheng Wei	2103 Interests held jointly with another person
United Millennial Tech Limited Partnership	2101 Beneficial owner
Korea Investment Holdings Co., Ltd.
Korea Investment Partners Co., Ltd.
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee

Wanka Online Headlines

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