Byte Metaverse Holdings (HKSE:08645) ROCE % : 0.00% (As of Dec. 2024)

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What is Byte Metaverse 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. Byte Metaverse Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Byte Metaverse Holdings ROCE % Historical Data

The historical data trend for Byte Metaverse 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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Byte Metaverse Holdings ROCE % Chart

Byte Metaverse Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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1.74

-1.48

-40.13

26.44

-35.86

Byte Metaverse Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-3.70	-11.18	-46.24	-	-

Byte Metaverse Holdings ROCE % Calculation

Byte Metaverse Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-29.906	/	( ( (120.249 - 29.422)	+	(133.308 - 57.35) )	/ 2 )
	=	-29.906	/	( (90.827	+	75.958)	/ 2 )
	=	-29.906	/	83.3925
	=	-35.86 %

Byte Metaverse Holdings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	0	/	( ( (133.308 - 57.35)	+	(158.542 - 86.501) )	/ 2 )
	=	0	/	( ( 75.958	+	72.041 )	/ 2 )
	=	0	/	73.9995
	=	0.00 %

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

Byte Metaverse Holdings (HKSE:08645) 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.

Byte Metaverse Holdings ROCE % Related Terms

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Byte Metaverse Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Byte Metaverse Holdings Ltd (HKSE:08645) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

302-308 Hennessy Road, Room 1910, 19th Floor, C C Wu Building, Wanchai, Hong Kong, HKG

Website

https://www.byte-metaverse.com

Byte Metaverse Holdings Ltd is an investment holding company. The company is engaged in rendering services such as network support services mainly encompassing network infrastructure design and hardware installation, network management and security services, network connectivity services that focus on providing intranet and internet connectivity solutions and value-added services, electronic commerce and online game IP authorization management services.

Executives

Thrive Harvest Limited	2101 Beneficial owner
Worldtone Riches Investment Limited	2101 Beneficial owner
Yu Decai	2201 Interest of corporation controlled by you
Garden Wealth Limited	2101 Beneficial owner
Wu Han Jia You Xin Xi Ke Ji You Xian Gong Si	2101 Beneficial owner
Shen Zhen Shi Hui Tong Ying Fu Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner

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