QSG (QuantaSing Group) ROCE % : 69.02% (As of Sep. 2024)

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What is QuantaSing 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. QuantaSing Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 69.02%.

QuantaSing Group ROCE % Historical Data

The historical data trend for QuantaSing 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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QuantaSing Group ROCE % Chart

QuantaSing Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

-140.37

93.21

QuantaSing Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial									58.91	114.89	-5.10	208.54	69.02

QuantaSing Group ROCE % Calculation

QuantaSing Group'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 )
	=	53.885	/	( ( (170.837 - 131.923)	+	(196.565 - 119.861) )	/ 2 )
	=	53.885	/	( (38.914	+	76.704)	/ 2 )
	=	53.885	/	57.809
	=	93.21 %

QuantaSing Group'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	57.8	/	( ( (196.565 - 119.861)	+	(214.366 - 123.586) )	/ 2 )
	=	57.8	/	( ( 76.704	+	90.78 )	/ 2 )
	=	57.8	/	83.742
	=	69.02 %

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

QuantaSing Group (NAS:QSG) 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.

QuantaSing Group ROCE % Related Terms

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QuantaSing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (NAS:QSG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MK60:Germany

Address

Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102

Website

https://www.liangzizhige.com

QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.