MOG Digitech Holdings (HKSE:01942) ROCE % : -32.29% (As of Sep. 2022)

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What is MOG Digitech Holdings 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. MOG Digitech Holdings's annualized ROCE % for the quarter that ended in Sep. 2022 was -32.29%.

MOG Digitech Holdings ROCE % Historical Data

The historical data trend for MOG Digitech Holdings'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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MOG Digitech Holdings ROCE % Chart

MOG Digitech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

ROCE %

33.06

43.06

48.48

30.45

17.78

MOG Digitech Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
ROCE %	Get a 7-Day Free Trial						15.94	14.95	8.06	18.07	-32.29

MOG Digitech Holdings ROCE % Calculation

MOG Digitech Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	34.447	/	( ( (197.958 - 66.163)	+	(312.17 - 56.581) )	/ 2 )
	=	34.447	/	( (131.795	+	255.589)	/ 2 )
	=	34.447	/	193.692
	=	17.78 %

MOG Digitech Holdings's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	-124.866	/	( ( (591.351 - 331.413)	+	(650.144 - 136.742) )	/ 2 )
	=	-124.866	/	( ( 259.938	+	513.402 )	/ 2 )
	=	-124.866	/	386.67
	=	-32.29 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2022) EBIT data.

MOG Digitech Holdings (HKSE:01942) 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.

MOG Digitech Holdings ROCE % Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MOG Digitech Holdings Ltd (HKSE:01942) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015

Website

https://www.mogglobal.com

MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

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