91APP (ROCO:6741) ROCE % : 24.64% (As of Dec. 2024)

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What is 91APP 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. 91APP's annualized ROCE % for the quarter that ended in Dec. 2024 was 24.64%.

91APP ROCE % Historical Data

The historical data trend for 91APP'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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91APP ROCE % Chart

91APP Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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33.33

22.72

17.18

19.31

20.10

91APP Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															20.18	20.70	19.30	16.78	24.64

91APP ROCE % Calculation

91APP's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	616.277	/	( ( (4239.558 - 1409.163)	+	(5025.211 - 1723.647) )	/ 2 )
	=	616.277	/	( (2830.395	+	3301.564)	/ 2 )
	=	616.277	/	3065.9795
	=	20.10 %

91APP'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	791.432	/	( ( (4510.113 - 1387.376)	+	(5025.211 - 1723.647) )	/ 2 )
	=	791.432	/	( ( 3122.737	+	3301.564 )	/ 2 )
	=	791.432	/	3212.1505
	=	24.64 %

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

91APP (ROCO:6741) 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.

91APP ROCE % Related Terms

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91APP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 91APP Inc (ROCO:6741) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 768, Bade Road, 6th Floor, No. 5, Section 4, Nangang District, Taipei, TWN, 115

Website

https://www.91app.com

91APP Inc is a software as a service company intended to provide shopping cart solutions for merchants. The company's platform offers advanced commerce solutions and marketing solutions that enable retail brands to penetrate the D2C (Direct-to-Consumer) e-commerce market and drive their operational benefits to their full potential, enabling clients with one-stop omnichannel retail solutions.

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