NOIZ Group (HKSE:08163) ROCE % : 0.00% (As of Jun. 2024)

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What is NOIZ Group 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. NOIZ Group's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

NOIZ Group ROCE % Historical Data

The historical data trend for NOIZ Group'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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NOIZ Group ROCE % Chart

NOIZ Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1,552.83

-29.00

-29.35

-29.26

NOIZ Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-26.19	-41.94	-42.34	-17.20	-

NOIZ Group ROCE % Calculation

NOIZ Group'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 )
	=	-13.196	/	( ( (79.097 - 32.431)	+	(56.713 - 13.196) )	/ 2 )
	=	-13.196	/	( (46.666	+	43.517)	/ 2 )
	=	-13.196	/	45.0915
	=	-29.26 %

NOIZ Group'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	/	( ( (56.713 - 13.196)	+	(54.697 - 20.208) )	/ 2 )
	=	0	/	( ( 43.517	+	34.489 )	/ 2 )
	=	0	/	39.003
	=	0.00 %

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

NOIZ Group (HKSE:08163) 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.

NOIZ Group ROCE % Related Terms

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NOIZ Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NOIZ Group Ltd (HKSE:08163) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, Room 1108, 11th Floor, Wing On Centre, Central, Hong Kong, HKG

Website

https://www.noiz-group.com

NOIZ Group Ltd is engaged in the technology, entertainment, and financial services business. In the technology business, Group is driving blockchain to mass adoption and commercialization making blockchain technology widely available for all businesses via its Blockchain-as-a-Service (BaaS) platform solutions. It provides tailor-made services and advice to businesses allowing them to use cloud-based solutions to manage and develop their applications. It aims to digitalize the entertainment segment by creating diversified and innovative ways for audiences to experience the power of virtual entertainment and enjoy immersive experiences through blockchain technology expertise and experience. The financial service business is operated through its wholly-owned subsidiary.

Executives

Team Sunny International Holdings Limited	2101 Beneficial owner
Wong Hin Shek	2201 Interest of corporation controlled by you

NOIZ Group Headlines

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