Brightstar Technology Group Co (HKSE:08446) ROCE % : -25.96% (As of Dec. 2023)

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What is Brightstar Technology Group 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. Brightstar Technology Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -25.96%.

Brightstar Technology Group Co ROCE % Historical Data

The historical data trend for Brightstar Technology Group 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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Brightstar Technology Group Co ROCE % Chart

Brightstar Technology Group Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

ROCE %

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21.44

-20.97

-42.41

-39.60

-15.43

Brightstar Technology Group Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.54	-	-3.86	-2.22	-25.96

Brightstar Technology Group Co ROCE % Calculation

Brightstar Technology Group 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: May. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: May. 2022 )		(A: Dec. 2023 )
	=	-26.605	/	( ( (87.457 - 38.735)	+	(404.694 - 108.656) )	/ 2 )
	=	-26.605	/	( (48.722	+	296.038)	/ 2 )
	=	-26.605	/	172.38
	=	-15.43 %

Brightstar Technology Group Co'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 )
	=	-76.848	/	( ( (0 - 0)	+	(404.694 - 108.656) )	/ 1 )
	=	-76.848	/	( ( 0	+	296.038 )	/ 1 )
	=	-76.848	/	296.038
	=	-25.96 %

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

Brightstar Technology Group Co (HKSE:08446) 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.

Brightstar Technology Group Co ROCE % Related Terms

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Brightstar Technology Group Co (HKSE:08446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightstar Technology Group Co Ltd (HKSE:08446) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Wing Yip Street, Hoi Bun Industrial Building, Unit D2, 5th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.intechproductions.com

Brightstar Technology Group Co Ltd Formerly In Technical Productions Holdings Ltd is a visual display solution services and information technology consulting services. The company produces image processors, LED, large screen projectors, and other products. It is principally engaged in the provision of visual display solution services for pop concerts, corporate events, and exhibitions in Hong Kong, Macau, and the Greater China region. Information technology consulting services segment is engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business.

Executives

Ma Lie	2201 Interest of corporation controlled by you
St Ma Ltd	2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited	2101 Beneficial owner
Zhou Hongyu	2201 Interest of corporation controlled by you
Next Vision Management Limited	2101 Beneficial owner
Yeung Ho Ting Dennis	2201 Interest of corporation controlled by you
Ma Lie	2201 Interest of corporation controlled by you
Mo Suyun	2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited	2101 Beneficial owner

Brightstar Technology Group Co (HKSE:08446) Headlines

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