Huayi Brothers Media (SZSE:300027) ROCE % : 1.15% (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Huayi Brothers Media 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. Huayi Brothers Media's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.15%.

Huayi Brothers Media ROCE % Historical Data

The historical data trend for Huayi Brothers Media'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.

* Premium members only.

Huayi Brothers Media ROCE % Chart

Huayi Brothers Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-39.80

-13.15

0.43

-21.57

-15.42

Huayi Brothers Media 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															5.93	-19.32	-18.40	-40.53	1.15

Huayi Brothers Media ROCE % Calculation

Huayi Brothers Media'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 )
	=	-380.891	/	( ( (5275.203 - 2123.552)	+	(4042.207 - 2252.578) )	/ 2 )
	=	-380.891	/	( (3151.651	+	1789.629)	/ 2 )
	=	-380.891	/	2470.64
	=	-15.42 %

Huayi Brothers Media'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 )
	=	20.392	/	( ( (4042.207 - 2252.578)	+	(3949.098 - 2181.81) )	/ 2 )
	=	20.392	/	( ( 1789.629	+	1767.288 )	/ 2 )
	=	20.392	/	1778.4585
	=	1.15 %

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

Huayi Brothers Media (SZSE:300027) 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.

Huayi Brothers Media ROCE % Related Terms

Thank you for viewing the detailed overview of Huayi Brothers Media's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Huayi Brothers Media (SZSE:300027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huayi Brothers Media Corp (SZSE:300027) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beijing Xinyuan South Road, 2nd Huayi Brothers office building, Chaoyang District, Beijing, CHN, 100027

Website

http://www.huayimedia.com

Huayi Brothers Media Corp is engaged in the media business. The company's reportable segments are film and television entertainment, TV dramas, artist brokerage and others.

Executives

Wang Zhong Jun	Director
Wang Zhong Lei	Directors, executives
Liu Tao	Executives
Yu Feng	Director
Hu Ming	Directors, Directors, and Executives
Ma Yun	Director
Xue Gui Zhi	Supervisors
Xu Jia	Executives, securities affairs representatives
Liu Xiao Mei	Director
Zhao Ying	Supervisors
	Supervisors

Huayi Brothers Media (SZSE:300027) Headlines

No Headlines