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Sing Pao Media Enterprises (HKSE:08010) ROCE % : 0.00% (As of Dec. 2014)


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What is Sing Pao Media Enterprises 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. Sing Pao Media Enterprises's annualized ROCE % for the quarter that ended in Dec. 2014 was 0.00%.


Sing Pao Media Enterprises ROCE % Historical Data

The historical data trend for Sing Pao Media Enterprises'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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Sing Pao Media Enterprises ROCE % Chart

Sing Pao Media Enterprises Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
ROCE %
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Sing Pao Media Enterprises Quarterly Data
Mar08 Mar09 Sep09 Mar10 Sep10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14
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Sing Pao Media Enterprises ROCE % Calculation

Sing Pao Media Enterprises's annualized ROCE % for the fiscal year that ended in Mar. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2014 )  (A: Mar. 2013 )(A: Mar. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2014 )  (A: Mar. 2013 )(A: Mar. 2014 )
=-15.355/( ( (49.317 - 436.53) + (34.271 - 459.386) )/ 2 )
=-15.355/( (-387.213+-425.115)/ 2 )
=-15.355/-406.164
=3.78 %

Sing Pao Media Enterprises's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=-27.892/( ( (0 - 0) + (0 - 0) )/ 1 )
=-27.892/( ( 0 + 0 )/ 1 )
=-27.892/0
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2014) EBIT data.

* 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.


Sing Pao Media Enterprises  (HKSE:08010) 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.


Sing Pao Media Enterprises ROCE % Related Terms

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Sing Pao Media Enterprises (HKSE:08010) Business Description

Traded in Other Exchanges
N/A
Address
SMI Publishing Group Ltd., along with its subsidiaries, is active in the field of publishing and engaged in the publication of newspapers, magazines and books. The principal activities of the Company are publication of newspapers and books; and provisions of advertising and promotion services.

Sing Pao Media Enterprises (HKSE:08010) Headlines

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