Dook Media Group (SZSE:301025) ROCE % : 2.36% (As of Sep. 2024)

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What is Dook Media Group 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. Dook Media Group's annualized ROCE % for the quarter that ended in Sep. 2024 was 2.36%.

Dook Media Group ROCE % Historical Data

The historical data trend for Dook Media Group'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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Dook Media Group ROCE % Chart

Dook Media Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.88

13.92

15.42

12.29

-1.06

Dook Media Group 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															-0.27	-17.94	3.01	5.98	2.36

Dook Media Group ROCE % Calculation

Dook Media Group'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 )
	=	-6.815	/	( ( (808.782 - 135.341)	+	(733.614 - 116.388) )	/ 2 )
	=	-6.815	/	( (673.441	+	617.226)	/ 2 )
	=	-6.815	/	645.3335
	=	-1.06 %

Dook Media Group'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 )
	=	14.884	/	( ( (724.738 - 96.097)	+	(784.709 - 152.714) )	/ 2 )
	=	14.884	/	( ( 628.641	+	631.995 )	/ 2 )
	=	14.884	/	630.318
	=	2.36 %

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

Dook Media Group (SZSE:301025) 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.

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Dook Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dook Media Group Ltd (SZSE:301025) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 6441, Tingfeng Road, Ground Floor, Building 3, Fengjing Town, Jinshan District, Shanghai, CHN, 201501

Website

http://www.dookbook.com

Dook Media Group Ltd is a professional cultural institution with leading brand influence, marketing model, and production methods in China's book industry.

Executives

Zhu Xiao Xiao

Directors, executives

Dook Media Group Headlines

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