Luokung Technology (STU:6BT0) ROCE %: 0.00% (As of Jun. 2024)

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STU:6BT0 Luokung Technology Corp STU:6BT0
12 GF Score
Price €22.85
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What is Luokung Technology ROCE %?

Luokung Technology STU:6BT0 12 ROCE % is 0.00% as of Jun. 2024. GuruFocus rates STU:6BT0 with a GF Score™ of 12/100.

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. Luokung Technology's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Luokung Technology  (STU:6BT0) 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.

Luokung Technology ROCE % Related Terms

Luokung Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Luokung Technology'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.

Luokung Technology ROCE % Chart

Luokung Technology Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.82 -48.24 -60.88 -34.78 -366.36

Luokung Technology Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -37.07 -32.73 -33.75 -974.86 0.00
STU:6BT0
12GF Score
Luokung Technology Corp STU:6BT0
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Luokung Technology ROCE % Calculation

Luokung Technology'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 )
=-160.902/( ( (220.553 - 89.521) + (49.186 - 92.379) )/ 2 )
=-160.902/( (131.032+-43.193)/ 2 )
=-160.902/43.9195
=-366.36 %

Luokung Technology's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-19.378/( ( (49.186 - 92.379) + (44.939 - 89.518) )/ 2 )
=-19.378/( ( -43.193 + -44.579 )/ 2 )
=-19.378/-43.886
=0 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Luokung Technology (STU:6BT0) has a ROCE % of 0.00% as of Jun. 2024.
Is Luokung Technology's ROCE % too high?
Luokung Technology's current ROCE % is 0.00%. Overall, Luokung Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Luokung Technology's ROCE % compare to CMGO and NWCN?
Luokung Technology's ROCE % of 0.00% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.21, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Luokung Technology's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luokung Technology stock overvalued right now?
Luokung Technology (STU:6BT0) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Luokung Technology's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Luokung Technology (STU:6BT0), the current ROCE % is 0.00% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Luokung Technology Business Description

Address No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a spatial-temporal intelligent big data services company, as well as a provider of LBS for various industries in China. It has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others).
12GF Score

Get the complete analysis for STU:6BT0

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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