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QMMM (QMMM Holdings) ROCE % : 0.00% (As of Mar. 2024)


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What is QMMM 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. QMMM Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

QMMM Holdings ROCE % Historical Data

The historical data trend for QMMM 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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QMMM Holdings ROCE % Chart

QMMM Holdings Annual Data
Trend Sep21 Sep22 Sep23
ROCE %
- 1,993.68 -

QMMM Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
ROCE % Get a 7-Day Free Trial - 259.73 -1,730.43 - -

QMMM Holdings ROCE % Calculation

QMMM Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-1.279/( ( (1.264 - 0.889) + (1.187 - 1.949) )/ 2 )
=-1.279/( (0.375+-0.762)/ 2 )
=-1.279/-0.1935
=660.98 %

QMMM Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=-0.264/( ( (1.187 - 1.949) + (1.266 - 2.266) )/ 2 )
=-0.264/( ( -0.762 + -1 )/ 2 )
=-0.264/-0.881
=0 %

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

* 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.

QMMM Holdings  (NAS:QMMM) 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.

QMMM Holdings ROCE % Related Terms

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QMMM Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » QMMM Holdings Ltd (NAS:QMMM) » Definitions » ROCE %
Comparable Companies
DLPN HAO LDWY KRKR ANTE LKCO BAOS CHR VSME CNET XPAR:PUB OMC SZSE:002027 LSE:WPP IPG TSE:4324 TSE:4751 XPAR:DEC SZSE:300058 BOM:542752
Traded in Other Exchanges
N/A
Address
8 Watson Road Tin Hau, Unit 1301, Block C, Sea View Estate, Hong Kong, HKG
Website
https://www.qmmm.io
QMMM Holdings Ltd is a digital advertising and marketing production services company. It operates through its two wholly-owned subsidiaries. It has used interactive design, animation, art-tech and virtual technologies in over 500 commercial campaigns. The company has worked with large domestic and international banks, real estate developers, amusement parks, top international athletic apparel and footwear brands, and luxury cosmetic products and international brands for their advertising and creation work in Hong Kong. Its clients include local and international banks, real-estate developers, luxury brands, high fashion houses, and theme parks.