Shanghai Xinhua Media Co (SHSE:600825) ROCE % : -3.88% (As of Sep. 2024)

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What is Shanghai Xinhua 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. Shanghai Xinhua Media Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.88%.

Shanghai Xinhua Media Co ROCE % Historical Data

The historical data trend for Shanghai Xinhua 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.

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Shanghai Xinhua Media Co ROCE % Chart

Shanghai Xinhua Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.42

-2.18

1.54

0.66

1.90

Shanghai Xinhua 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															-1.27	2.04	1.01	7.08	-3.88

Shanghai Xinhua Media Co ROCE % Calculation

Shanghai Xinhua 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 )
	=	50.443	/	( ( (3966.373 - 1271.239)	+	(4059.592 - 1433.324) )	/ 2 )
	=	50.443	/	( (2695.134	+	2626.268)	/ 2 )
	=	50.443	/	2660.701
	=	1.90 %

Shanghai Xinhua 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 )
	=	-101.2	/	( ( (3958.082 - 1334.283)	+	(4170.105 - 1577.007) )	/ 2 )
	=	-101.2	/	( ( 2623.799	+	2593.098 )	/ 2 )
	=	-101.2	/	2608.4485
	=	-3.88 %

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

Shanghai Xinhua Media Co (SHSE:600825) 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.

Shanghai Xinhua Media Co ROCE % Related Terms

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Shanghai Xinhua Media Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shanghai Xinhua Media Co Ltd (SHSE:600825) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 60 Jiujiang Road, 5F, Huangpu District, Shanghai, Shanghai, CHN, 200002

Website

http://www.xhmedia.com

Shanghai Xinhua Media Co Ltd operates as a media company in China. The company is principally engaged in culture and media business. It operates its businesses through retailing of books, magazines, and electronic publics, wholesaling, retailing and online publication of books, magazines and electric publics, regular chain video and audio products retailing and leasing services, wholesaling of audio and video products.

Executives

Li Ping	senior management
Liu Hang	senior management

Shanghai Xinhua Media Co Headlines

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