Mango Excellent Media Co (SZSE:300413) ROCE % : 8.40% (As of Sep. 2024)

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What is Mango Excellent Media 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. Mango Excellent Media Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 8.40%.

Mango Excellent Media Co ROCE % Historical Data

The historical data trend for Mango Excellent Media 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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Mango Excellent Media Co ROCE % Chart

Mango Excellent Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.12

20.28

15.08

9.97

9.10

Mango Excellent Media 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															10.37	1.99	10.16	12.34	8.40

Mango Excellent Media Co ROCE % Calculation

Mango Excellent Media 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 )
	=	1852.495	/	( ( (29783.552 - 10622.88)	+	(31422.387 - 9860.482) )	/ 2 )
	=	1852.495	/	( (19160.672	+	21561.905)	/ 2 )
	=	1852.495	/	20361.2885
	=	9.10 %

Mango Excellent Media 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 )
	=	1895.232	/	( ( (32458.313 - 10134.285)	+	(32623.277 - 9799.581) )	/ 2 )
	=	1895.232	/	( ( 22324.028	+	22823.696 )	/ 2 )
	=	1895.232	/	22573.862
	=	8.40 %

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

Mango Excellent Media Co (SZSE:300413) 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.

Mango Excellent Media Co ROCE % Related Terms

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Mango Excellent Media Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mango Excellent Media Co Ltd (SZSE:300413) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Golden Eagle TV Culture City, North Block 4, Hunan Province, Changsha, CHN, 410003

Website

https://www.mgtv.com

Mango Excellent Media Co Ltd is a China-based company engages in the provision of E-commerce services through Television, Internet, Catalogs and other multimedia channels. The company offers beauty protection, food, kitchen, textile, digital appliances, and maternal and child care products, as well as clothing accessories and other products. Its operating segment includes New media platform operation; New media interactive entertainment content production and operation; Media retail business and Others. The company generates maximum revenue from New media platform operation segment.

Executives

Yang Yun	Supervisors
Li Niu	Secretary Dong

Mango Excellent Media Co Headlines

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