Digital Hollywood Interactive (HKSE:02022) ROCE % : -20.26% (As of Dec. 2023)

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What is Digital Hollywood Interactive 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. Digital Hollywood Interactive's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.26%.

Digital Hollywood Interactive ROCE % Historical Data

The historical data trend for Digital Hollywood Interactive'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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Digital Hollywood Interactive ROCE % Chart

Digital Hollywood Interactive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.71

-6.92

-6.93

-14.59

-17.38

Digital Hollywood Interactive Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial													-10.14	-8.56	-20.79	-14.77	-20.26

Digital Hollywood Interactive ROCE % Calculation

Digital Hollywood Interactive'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 )
	=	-43.422	/	( ( (344.87 - 70.466)	+	(296.468 - 71.218) )	/ 2 )
	=	-43.422	/	( (274.404	+	225.25)	/ 2 )
	=	-43.422	/	249.827
	=	-17.38 %

Digital Hollywood Interactive's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-48.202	/	( ( (319.876 - 69.314)	+	(296.468 - 71.218) )	/ 2 )
	=	-48.202	/	( ( 250.562	+	225.25 )	/ 2 )
	=	-48.202	/	237.906
	=	-20.26 %

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

Digital Hollywood Interactive (HKSE:02022) 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.

Digital Hollywood Interactive ROCE % Related Terms

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Digital Hollywood Interactive (HKSE:02022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Hollywood Interactive Ltd (HKSE:02022) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 368 Jiang Nan Da Dao (South), 2nd Floor, Haizhu District, Guangzhou, CHN

Website

https://www.gamehollywood.com/company

Digital Hollywood Interactive Ltd is a publisher of online games developed by third party game developers or its own. The Group licenses online games from game developers and earns game publishing service revenue by making a localised version of the licensed games and publishing them to the game players through distribution platforms, including social networking websites, online application stores, webbased and mobile game portals in certain countries and regions, including the Group's websites. The games licensed to the Group are operated under a free-to-play model whereby game players can play the games free of charge and are charged for the purchase of Game Tokens or other virtual items via payment channels, such as the various mobile carriers and third-party internet payment systems.

Executives

Luo Simin
Di Qi Da Dao Kong Gu You Xian Gong Si	2101 Beneficial owner
Angel Age Limited
Hdq Digital Holdings Limited
Huang Deqiang
Huang Guozhan
Lu Yuanfeng
Luo Simin
Lxt Digital Holdings Limited
Lyf Digital Holdings Limited
7road Holdings Limited	2201 Interest of corporation controlled by you
7 Road International Group Limited
Epic City Limited
The Core Trust Company Limited

Digital Hollywood Interactive (HKSE:02022) Headlines

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