Yinsheng Digifavor Co (HKSE:03773) ROCE % : 19.90% (As of Jun. 2024)

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What is Yinsheng Digifavor 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. Yinsheng Digifavor Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 19.90%.

Yinsheng Digifavor Co ROCE % Historical Data

The historical data trend for Yinsheng Digifavor 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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Yinsheng Digifavor Co ROCE % Chart

Yinsheng Digifavor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.17

15.86

15.09

13.72

9.46

Yinsheng Digifavor Co 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															16.12	11.91	2.63	16.51	19.90

Yinsheng Digifavor Co ROCE % Calculation

Yinsheng Digifavor Co'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 )
	=	29.513	/	( ( (565.727 - 259.258)	+	(451.22 - 133.916) )	/ 2 )
	=	29.513	/	( (306.469	+	317.304)	/ 2 )
	=	29.513	/	311.8865
	=	9.46 %

Yinsheng Digifavor 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 )
	=	64.854	/	( ( (451.22 - 133.916)	+	(528.589 - 194.151) )	/ 2 )
	=	64.854	/	( ( 317.304	+	334.438 )	/ 2 )
	=	64.854	/	325.871
	=	19.90 %

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

Yinsheng Digifavor Co (HKSE:03773) 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.

Yinsheng Digifavor Co ROCE % Related Terms

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Yinsheng Digifavor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yinsheng Digifavor Co Ltd (HKSE:03773) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1001, Xueyuan Boulevard, 13/F, Building C2, Nanshan iPark, Nanshan District, Shenzhen, CHN

Website

http://www.nnk.com.hk

Yinsheng Digifavor Co Ltd Formerly NNK Group Ltd is an investment holding company that provides online transaction services in the mobile top-up service industry. It provides mobile top-up services to mobile users in the PRC through electronic banking systems of PRC banks; offline channels, including third-party online platforms, its own websites and its WeChat public account. It has operations and generates revenue from the People's Republic of China.

Executives

Fun Charge Technology Limited	2101 Beneficial owner
Huang Junmou	2201 Interest of corporation controlled by you
Chong Wing Kin	2201 Interest of corporation controlled by you
Harvest Gold Capital Limited	2101 Beneficial owner
Spring Harbour Development Limited	2101 Beneficial owner
Lam Ching Wan	2201 Interest of corporation controlled by you

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