MOGU (MOGU) ROCE % : -14.78% (As of Sep. 2024)

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What is MOGU 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. MOGU's annualized ROCE % for the quarter that ended in Sep. 2024 was -14.78%.

MOGU ROCE % Historical Data

The historical data trend for MOGU'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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MOGU ROCE % Chart

MOGU Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-22.05

-19.36

-57.52

-23.68

-9.91

MOGU Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial											-13.39	-35.35	-13.95	-5.88	-14.78

MOGU ROCE % Calculation

MOGU's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-9.095	/	( ( (146.737 - 48.712)	+	(130.301 - 44.69) )	/ 2 )
	=	-9.095	/	( (98.025	+	85.611)	/ 2 )
	=	-9.095	/	91.818
	=	-9.91 %

MOGU's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-12.328	/	( ( (130.301 - 44.69)	+	(125.367 - 44.148) )	/ 2 )
	=	-12.328	/	( ( 85.611	+	81.219 )	/ 2 )
	=	-12.328	/	83.415
	=	-14.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

MOGU (NYSE:MOGU) 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.

MOGU ROCE % Related Terms

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MOGU Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MOGU Inc (NYSE:MOGU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 666 Zhenhua Road, Mingqi Center, 8th Floor, Building No. 1, Xihu District, Hangzhou, CHN, 310012

Website

http://www.mogu-inc.com

MOGU Inc is an online fashion and lifestyle destination in China. The company's online platform includes Mogu.com, Mogujie.com, and Meilishuo.com. Its platform allows people to discover and share fashion trends while fully enjoying the shopping experience. The company on its platform provides content related to fashion and lifestyle guides in various multi-media formats which include Live Video Broadcasts, Short-form Videos, Photography, and Online Review Community. The company derives revenues from within China. It also provides online marketing, commission, financing, technology and other relevant services to merchants and users as well as technology services to brands owners.