Sentage Holdings (Sentage Holdings) ROCE % : -10.66% (As of Dec. 2023)

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What is Sentage Holdings 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. Sentage Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.66%.

Sentage Holdings ROCE % Historical Data

The historical data trend for Sentage Holdings'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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Sentage Holdings ROCE % Chart

Sentage Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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159.88

-8.08

-16.46

-13.15

Sentage Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-28.90	-11.62	-21.41	-15.82	-10.66

Sentage Holdings ROCE % Calculation

Sentage Holdings'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 )
	=	-1.764	/	( ( (14.659 - 0.405)	+	(12.909 - 0.335) )	/ 2 )
	=	-1.764	/	( (14.254	+	12.574)	/ 2 )
	=	-1.764	/	13.414
	=	-13.15 %

Sentage Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.366	/	( ( (13.365 - 0.305)	+	(12.909 - 0.335) )	/ 2 )
	=	-1.366	/	( ( 13.06	+	12.574 )	/ 2 )
	=	-1.366	/	12.817
	=	-10.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Sentage Holdings (NAS:SNTG) 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.

Sentage Holdings ROCE % Related Terms

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Sentage Holdings (Sentage Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sentage Holdings Inc (NAS:SNTG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

233 Taicang Road, HuangPu, 501, Platinum Tower, Shanghai, CHN, 200001

Website

http://www.sentageholdings.com

Sentage Holdings Inc is a financial service provider that offers a comprehensive range of financial services across consumer loan repayment and collection management, loan recommendation, and prepaid payment network services in China.

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