Beijing Sports and Entertainment Industry Group (HKSE:01803) ROCE % : -14.34% (As of Jun. 2024)

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What is Beijing Sports and Entertainment Industry 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. Beijing Sports and Entertainment Industry Group's annualized ROCE % for the quarter that ended in Jun. 2024 was -14.34%.

Beijing Sports and Entertainment Industry Group ROCE % Historical Data

The historical data trend for Beijing Sports and Entertainment Industry 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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Beijing Sports and Entertainment Industry Group ROCE % Chart

Beijing Sports and Entertainment Industry Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-14.00

-8.06

-8.59

-26.71

-25.84

Beijing Sports and Entertainment Industry 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															-12.93	-41.22	-12.54	-39.35	-14.34

Beijing Sports and Entertainment Industry Group ROCE % Calculation

Beijing Sports and Entertainment Industry 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 )
	=	-59.179	/	( ( (386.524 - 122.201)	+	(335.205 - 141.525) )	/ 2 )
	=	-59.179	/	( (264.323	+	193.68)	/ 2 )
	=	-59.179	/	229.0015
	=	-25.84 %

Beijing Sports and Entertainment Industry 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 )
	=	-26.554	/	( ( (335.205 - 141.525)	+	(369.131 - 192.334) )	/ 2 )
	=	-26.554	/	( ( 193.68	+	176.797 )	/ 2 )
	=	-26.554	/	185.2385
	=	-14.34 %

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

Beijing Sports and Entertainment Industry Group (HKSE:01803) 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.

Beijing Sports and Entertainment Industry Group ROCE % Related Terms

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Beijing Sports and Entertainment Industry Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Beijing Sports and Entertainment Industry Group Ltd (HKSE:01803) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Queen’s Road East, Room 101, 5th Floor, Greatmany Centre, Wanchai, Hong Kong, HKG

Website

https://www.bsehk.com

Beijing Sports and Entertainment Industry Group Ltd, along with its subsidiaries is engaged in the provision of air freight services in the wholesale market, and investment and operation of the sports and entertainment related business in the People's Republic of China (PRC). The company's segment includes Sports and entertainment and Others. It generates maximum revenue from Sports and entertainment segment. Geographically, it derives revenue from Mainland China.

Executives

Hollyview International Limited	2101 Beneficial owner
Hu Yebi	2201 Interest of corporation controlled by you
Beijing Enterprises Medical And Health Industry Group Limited	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Pieta Investment Limited	2101 Beneficial owner
Han Jun	2101 Beneficial owner
Mass Talent Financial Limited	2101 Beneficial owner
Niu Zhongjie	2101 Beneficial owner

Beijing Sports and Entertainment Industry Group Headlines

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