Netjoy Holdings (HKSE:02131) ROCE % : 5.54% (As of Jun. 2024)

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What is Netjoy 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. Netjoy Holdings's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.54%.

Netjoy Holdings ROCE % Historical Data

The historical data trend for Netjoy 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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Netjoy Holdings ROCE % Chart

Netjoy Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.27

13.21

9.86

-11.32

2.26

Netjoy Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial								10.23	-33.85	6.71	-2.23	5.54

Netjoy Holdings ROCE % Calculation

Netjoy Holdings'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 )
	=	34.538	/	( ( (2623.267 - 1087.246)	+	(2894.631 - 1369.553) )	/ 2 )
	=	34.538	/	( (1536.021	+	1525.078)	/ 2 )
	=	34.538	/	1530.5495
	=	2.26 %

Netjoy Holdings'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 )
	=	85.252	/	( ( (2894.631 - 1369.553)	+	(3066.096 - 1515.169) )	/ 2 )
	=	85.252	/	( ( 1525.078	+	1550.927 )	/ 2 )
	=	85.252	/	1538.0025
	=	5.54 %

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

Netjoy Holdings (HKSE:02131) 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.

Netjoy Holdings ROCE % Related Terms

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Netjoy Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Netjoy Holdings Ltd (HKSE:02131) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 396, Guilin Road, 5th Floor, No. 3, Xuhui District, Shanghai, CHN, 200233

Website

https://www.netjoy.com

Netjoy Holdings Ltd is a short video marketing solution provider. It provides integrated services covering the industry chain, including content creation for short video marketing, programmatic cross channel target marketing, real-time performance tracking, and data analysis for a diversified clientele. The company's business covers short video marketing, short video trading, video production, event marketing, and other performance content industries. The business segments are online marketing solutions business, SaaS service, and other business with maximum revenue from Online marketing solutions business.

Executives

Schroders Plc	2102 Investment manager
Wang Chen	2305 Beneficiary of a trust
Xu Jiaqing	2305 Beneficiary of a trust
Dai Liqun	2202 Interest of your spouse
Peng Ting	2101 Beneficial owner
Wu Tong Kong Gu Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Wang Jianshuo	2201 Interest of corporation controlled by you
Derun Investments Limited	2501 Other
Derun System Limited	2501 Other
Magne Core Limited	2501 Other
Quantum Computing Power Limited	2501 Other
Schroders Plc	2102 Investment manager
Baxter Investment Holding Limited	2201 Interest of corporation controlled by you
Shang Hai Ju Zhang Zi Chan Guan Li You Xian Gong Si	2101 Beneficial owner
Chen Shengfei	2201 Interest of corporation controlled by you

Netjoy Holdings Headlines

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