Focus Media Information Technology Co (SZSE:002027) ROCE % : 40.06% (As of Sep. 2024)

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What is Focus Media Information Technology 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. Focus Media Information Technology Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 40.06%.

Focus Media Information Technology Co ROCE % Historical Data

The historical data trend for Focus Media Information Technology 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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Focus Media Information Technology Co ROCE % Chart

Focus Media Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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15.74

30.56

41.23

19.00

31.65

Focus Media Information Technology Co 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															38.58	31.59	25.35	37.13	40.06

Focus Media Information Technology Co ROCE % Calculation

Focus Media Information Technology 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 )
	=	5922.342	/	( ( (25238.767 - 6972.19)	+	(24361.017 - 5202.811) )	/ 2 )
	=	5922.342	/	( (18266.577	+	19158.206)	/ 2 )
	=	5922.342	/	18712.3915
	=	31.65 %

Focus Media Information Technology 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 )
	=	6929.116	/	( ( (23506.314 - 6195.672)	+	(22594.933 - 5308.685) )	/ 2 )
	=	6929.116	/	( ( 17310.642	+	17286.248 )	/ 2 )
	=	6929.116	/	17298.445
	=	40.06 %

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

Focus Media Information Technology Co (SZSE:002027) 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.

Focus Media Information Technology Co ROCE % Related Terms

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Focus Media Information Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Focus Media Information Technology Co Ltd (SZSE:002027) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 369 Jiangsu Road, 28th Floor, Mega World Trade Center, Changning District, Shanghai, CHN, 200050

Website

https://www.focusmedia.cn

Focus Media Information Technology Co Ltd is an advertising company. The company's main business is the development and operation of Life Circle media. Its main products are building media (including elevator TV media and elevator poster media) and cinema screen advertising media, etc., covering the work scenes, life scenes, entertainment scenes, and consumption scenes of the mainstream urban consumer groups, and integrating each other into a life circle media network.

Executives

Shen Jie	Director
Yi Xian Wu	Supervisors
Chen Hai Xia	Directors, executives
Yi Xian Zhong	Directors, executives
Yu Dan	Supervisors, securities affairs representatives
Guan Yu Xian	Directors, executives
Ma Yin Liang	Director
Sun De Bing	Supervisors
Li Xun	Director
Chen Zhou	Director

Focus Media Information Technology Co Headlines

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