Softstar Entertainment (ROCO:6111) ROCE % : 2.16% (As of Sep. 2024)

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What is Softstar Entertainment 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. Softstar Entertainment's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.16%.

Softstar Entertainment ROCE % Historical Data

The historical data trend for Softstar Entertainment'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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Softstar Entertainment ROCE % Chart

Softstar Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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43.51

10.29

62.61

20.30

-6.31

Softstar Entertainment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-21.19	-	10.17	2.36	2.16

Softstar Entertainment ROCE % Calculation

Softstar Entertainment'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: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-244.241	/	( ( (5322.56 - 1550.417)	+	(7132.47 - 3160.649) )	/ 2 )
	=	-244.241	/	( (3772.143	+	3971.821)	/ 2 )
	=	-244.241	/	3871.982
	=	-6.31 %

Softstar Entertainment'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 )
	=	100.892	/	( ( (7740.192 - 3334.147)	+	(8257.399 - 3341.269) )	/ 2 )
	=	100.892	/	( ( 4406.045	+	4916.13 )	/ 2 )
	=	100.892	/	4661.0875
	=	2.16 %

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

Softstar Entertainment (ROCO:6111) 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.

Softstar Entertainment ROCE % Related Terms

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Softstar Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Softstar Entertainment Inc (ROCO:6111) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sec. 2, Dunhua S. Road, 22F.-1, No. 77, Da’an District, Taipei, TWN, 106

Website

https://www.softstar.com.tw

Softstar Entertainment Inc is engaged in the development and distribution of computer game software. Its products include stand-alone game software, online game software, Web game software, mobile game software, and computer software peripheral products. The Group is organized into business units based on its products and services and has four reportable operating segments as follows: Operating Department, Electronic Products Department, Electronic Parts and Components Department, Network Application Department, Third-payment Department, Power Distribution Machinery Manufacturing Department, Other Department. The majority of revenue comes from Power Distribution Machinery Manufacturing Department segment.

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