Chinese Universe Publishing And Media Co (SHSE:600373) ROCE % : 4.11% (As of Sep. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Chinese Universe Publishing And Media Co 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. Chinese Universe Publishing And Media Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.11%.

Chinese Universe Publishing And Media Co ROCE % Historical Data

The historical data trend for Chinese Universe Publishing And Media Co'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.

* Premium members only.

Chinese Universe Publishing And Media Co ROCE % Chart

Chinese Universe Publishing And Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.48

12.13

13.88

10.98

8.95

Chinese Universe Publishing And Media Co 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															9.22	9.06	7.91	10.57	4.11

Chinese Universe Publishing And Media Co ROCE % Calculation

Chinese Universe Publishing And Media Co'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 )
	=	1853.756	/	( ( (28736.4 - 8074.506)	+	(29289.691 - 8520.139) )	/ 2 )
	=	1853.756	/	( (20661.894	+	20769.552)	/ 2 )
	=	1853.756	/	20715.723
	=	8.95 %

Chinese Universe Publishing And Media Co'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 )
	=	800.312	/	( ( (29957.7 - 10537.777)	+	(31754.503 - 12250.623) )	/ 2 )
	=	800.312	/	( ( 19419.923	+	19503.88 )	/ 2 )
	=	800.312	/	19461.9015
	=	4.11 %

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

Chinese Universe Publishing And Media Co (SHSE:600373) 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.

Chinese Universe Publishing And Media Co ROCE % Related Terms

Thank you for viewing the detailed overview of Chinese Universe Publishing And Media Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Chinese Universe Publishing And Media Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chinese Universe Publishing And Media Co Ltd (SHSE:600373) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No.2, Nanhuan Road, Jiangxi District, Shang Rao, CHN

Website

http://www.jxpp.com

Chinese Universe Publishing And Media Co Ltd are engaged in the publishing, printing, and distribution of materials, newspapers, periodicals, and audiovisual publications in China. A company extends is business in new media and online education, Internet games, digital publishing, Internet of Things technology applications, international copyright transactions.

Executives

Wan Ren Rong	senior management
Wu Di	Director
Xu Jian Guo	senior management
Zhu Fa Yuan	Director
Xu Jing Quan	Supervisors
Zhao Dong Liang	Director
Ceng Shao Xiong	Director
Guan Xiao Qun	Director
Zhang Qi Hong	Director
Fu Wei Zhong	Director
Tu Hua	senior management
Zhang Qiu Lin	senior management
Zhou Wen	Director

Chinese Universe Publishing And Media Co Headlines

No Headlines