VSME (VS Media Holdings) ROCE % : -370.00% (As of Dec. 2023)

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What is VS Media Holdings 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. VS Media Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -370.00%.

VS Media Holdings ROCE % Historical Data

The historical data trend for VS Media Holdings'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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VS Media Holdings ROCE % Chart

VS Media Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-2.89

-40.91

-188.57

VS Media Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-	-146.60	-369.37	-370.00

VS Media Holdings ROCE % Calculation

VS Media Holdings'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 )
	=	-6.304	/	( ( (7.592 - 5.307)	+	(10.083 - 5.682) )	/ 2 )
	=	-6.304	/	( (2.285	+	4.401)	/ 2 )
	=	-6.304	/	3.343
	=	-188.57 %

VS Media Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-8.264	/	( ( (7.72 - 7.654)	+	(10.083 - 5.682) )	/ 2 )
	=	-8.264	/	( ( 0.066	+	4.401 )	/ 2 )
	=	-8.264	/	2.2335
	=	-370.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

VS Media Holdings (NAS:VSME) 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.

VS Media Holdings ROCE % Related Terms

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VS Media Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG

Website

https://www.vs-media.com

VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.