Bona Film Group Co (SZSE:001330) ROCE % : -7.06% (As of Sep. 2024)

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What is Bona Film 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. Bona Film Group Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.06%.

Bona Film Group Co ROCE % Historical Data

The historical data trend for Bona Film 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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Bona Film Group Co ROCE % Chart

Bona Film Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.45

4.14

7.46

1.75

-2.66

Bona Film Group Co Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															4.53	-10.51	4.00	-2.75	-7.06

Bona Film Group Co ROCE % Calculation

Bona Film 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 )
	=	-289.474	/	( ( (16560.012 - 5406.422)	+	(15584.344 - 4960.716) )	/ 2 )
	=	-289.474	/	( (11153.59	+	10623.628)	/ 2 )
	=	-289.474	/	10888.609
	=	-2.66 %

Bona Film Group 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 )
	=	-751.76	/	( ( (14909.145 - 3955.677)	+	(14532.478 - 4202.601) )	/ 2 )
	=	-751.76	/	( ( 10953.468	+	10329.877 )	/ 2 )
	=	-751.76	/	10641.6725
	=	-7.06 %

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

Bona Film Group Co (SZSE:001330) 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.

Bona Film Group Co ROCE % Related Terms

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Bona Film Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bona Film Group Co Ltd (SZSE:001330) » Definitions » ROCE %

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Address

No. 1 Weitai South Road, Room 1609, 16th Floor, Weitai Building, Urumqi Economic and Technological Development Zone, Uygur Autonomous Region, Xinjiang, CHN, 830057

Website

http://www.bonafilm.cn

Bona Film Group Co Ltd is engaged in film distribution business in China. The company's main business is film investment, distribution, cinema management and cinema projection.

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