Visual China Group Co (SZSE:000681) ROCE % : 2.51% (As of Mar. 2024)

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What is Visual China Group 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. Visual China Group Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.51%.

Visual China Group Co ROCE % Historical Data

The historical data trend for Visual China Group 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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Visual China Group Co ROCE % Chart

Visual China Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.47

5.80

5.34

3.35

4.83

Visual China Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.62	4.55	4.68	3.22	2.51

Visual China Group Co ROCE % Calculation

Visual China Group 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 )
	=	176.524	/	( ( (3901.273 - 314.842)	+	(4178.395 - 451.167) )	/ 2 )
	=	176.524	/	( (3586.431	+	3727.228)	/ 2 )
	=	176.524	/	3656.8295
	=	4.83 %

Visual China Group Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	93.704	/	( ( (4178.395 - 451.167)	+	(4188.994 - 455.422) )	/ 2 )
	=	93.704	/	( ( 3727.228	+	3733.572 )	/ 2 )
	=	93.704	/	3730.4
	=	2.51 %

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

Visual China Group Co (SZSE:000681) 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.

Visual China Group Co ROCE % Related Terms

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Visual China Group Co (SZSE:000681) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Visual China Group Co Ltd (SZSE:000681) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao Road, B5/B8, Hengtong International, No. 10, Business Park, Chaoyang District, Beijing, CHN, 100015

Website

https://www.vcg.com

Visual China Group Co Ltd is engaged in providing digital visual content and visual solutions to customers in media, commercial, and consumer sectors. It services include Copyright removal, rights protection agent, Sports, Entertainment and Digital marketing, and Special shooting.

Executives

Chai Ji Jun	Directors, executives
Liang Jun	Directors, executives
Liao Jie	Director
Wang Gang	Executives
Su Hua	Supervisors
Zhou Yun Dong	Director

Visual China Group Co (SZSE:000681) Headlines

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