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Thinkingdom Media Group (SHSE:603096) ROCE % : 9.81% (As of Sep. 2024)


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What is Thinkingdom Media 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. Thinkingdom Media Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.81%.


Thinkingdom Media Group ROCE % Historical Data

The historical data trend for Thinkingdom Media 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.

* Premium members only.

Thinkingdom Media Group ROCE % Chart

Thinkingdom Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.24 14.63 9.52 10.08 10.45

Thinkingdom Media Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.11 7.31 11.96 11.07 9.81

Thinkingdom Media Group ROCE % Calculation

Thinkingdom Media Group'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 )
=212.392/( ( (2202.863 - 179.117) + (2184.184 - 142.773) )/ 2 )
=212.392/( (2023.746+2041.411)/ 2 )
=212.392/2032.5785
=10.45 %

Thinkingdom Media 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 )
=188.496/( ( (2041.984 - 133.013) + (2058.975 - 125.883) )/ 2 )
=188.496/( ( 1908.971 + 1933.092 )/ 2 )
=188.496/1921.0315
=9.81 %

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

* 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.


Thinkingdom Media Group  (SHSE:603096) 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.


Thinkingdom Media Group ROCE % Related Terms

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Thinkingdom Media Group Business Description

Traded in Other Exchanges
N/A
Address
No.6,Middle of North 3rd Ring Road, 10th Floor, New Office Building, Xicheng District, Beijing, CHN, 100120
Thinkingdom Media Group Ltd is a China based media enterprise. It is engaged in the businesses of book planning and publishing, book distribution, and business of films and televisions. The company also encompasses publishing rights in simplified Chinese of many internationally distinguished writers, including some Nobel Laureates.
Executives
Chen Ming Jun Director
Xue Lei senior management
Huang Ning Qun Directors, senior managers
Li Quan Xing senior management
Hu Xiao Hong senior management
Li Yao senior management
Wang Kai Supervisors

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