Million Stars Holdings (HKSE:08093) ROCE % : 173.44% (As of Dec. 2023)

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What is Million Stars 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. Million Stars Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 173.44%.

Million Stars Holdings ROCE % Historical Data

The historical data trend for Million Stars 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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Million Stars Holdings ROCE % Chart

Million Stars Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-14.58

-20.92

-28.48

-99.83

-70.58

Million Stars Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-53.75	-38.84	-262.83	-308.03	173.44

Million Stars Holdings ROCE % Calculation

Million Stars Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-28.314	/	( ( (96.703 - 30.006)	+	(154.603 - 141.064) )	/ 2 )
	=	-28.314	/	( (66.697	+	13.539)	/ 2 )
	=	-28.314	/	40.118
	=	-70.58 %

Million Stars Holdings'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	49.7	/	( ( (0 - 0)	+	(134.545 - 105.889) )	/ 1 )
	=	49.7	/	( ( 0	+	28.656 )	/ 1 )
	=	49.7	/	28.656
	=	173.44 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Million Stars Holdings (HKSE:08093) 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.

Million Stars Holdings ROCE % Related Terms

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Million Stars Holdings (HKSE:08093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Million Stars Holdings Ltd (HKSE:08093) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.millionstars.hk

Million Stars Holdings Ltd is an investment holding company. The company's operating segment includes Internet advertising agency services, Digitalization empowerment platform business. It generates maximum revenue from the Internet advertising agency services segment.

Executives

Wu Zhongyi	2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si	2101 Beneficial owner
Zhou Ming	2201 Interest of corporation controlled by you
Wang Fei	2101 Beneficial owner
Zhu Yongjun	2101 Beneficial owner
Web3 Group Limited	2101 Beneficial owner
Shen Guotao	2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Xie Ming	2101 Beneficial owner
Yao Ligang	2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Yongjun	2101 Beneficial owner
Jiang Peijie	2101 Beneficial owner
Lyu Xinyuan	2101 Beneficial owner

Million Stars Holdings (HKSE:08093) Headlines

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