Lianlian DigiTech Co (HKSE:02598) ROCE % : 0.00% (As of Jun. 2024)

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What is Lianlian DigiTech Co 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. Lianlian DigiTech Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Lianlian DigiTech Co ROCE % Historical Data

The historical data trend for Lianlian DigiTech Co'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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Lianlian DigiTech Co ROCE % Chart

Lianlian DigiTech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-12.81

-32.84

-53.43

-63.23

-50.74

Lianlian DigiTech Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial				-	-120.69	-23.05	-	-

Lianlian DigiTech Co ROCE % Calculation

Lianlian DigiTech Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-589.657	/	( ( (11449.129 - 10619.183)	+	(15522.689 - 14028.419) )	/ 2 )
	=	-589.657	/	( (829.946	+	1494.27)	/ 2 )
	=	-589.657	/	1162.108
	=	-50.74 %

Lianlian DigiTech Co'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 )
	=	0	/	( ( (11449.129 - 10619.183)	+	(12728.911 - 11540.237) )	/ 2 )
	=	0	/	( ( 829.946	+	1188.674 )	/ 2 )
	=	0	/	1009.31
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Lianlian DigiTech Co (HKSE:02598) 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.

Lianlian DigiTech Co ROCE % Related Terms

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Lianlian DigiTech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lianlian DigiTech Co Ltd (HKSE:02598) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Yueda Lane, B3, 12/F, Building 1, Binjiang District, Zhejiang Province, Hangzhou, CHN

Website

https://en.lianlian.com

Lianlian DigiTech Co Ltd provides digital payment services and value-added services. Its business clients consist of small and midsized merchants and enterprises. Its reportable segments include (i) Global payment, (ii) domestic payment, (iii) value-added services, and (iv) others, which represent a small amount of revenue from other sources including rental income, interest income, and factoring income. Key revenue is generated from the Global payment segment.

Executives

China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Hang Zhou Sai Zhi Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Hang Zhou Sai Sheng Gu Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Huang Xin	2201 Interest of corporation controlled by you
Chen Bin	2201 Interest of corporation controlled by you
Zhe Jiang Sai Zhi Bo Le Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Boyu Jingtai (ningbo) Investment Management Co., Ltd.
Zhou Kui
Boyu Jingtai (shanghai) Enterprise Management Co., Ltd.
Boyu Jingtai (shanghai) Equity Investment L.p.
Huang Ailian
Tao Rong
Jiaxing Hongshan Kunsheng Investment Management Partnership (limited Partnership)
Ningbo Hongshan Peisheng Equity Investment Partnership (limited Partnership)
Ningbo Hongshan Zhensheng Equity Investment L.p.

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