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YHEKF (Yeahka) ROCE % : 5.33% (As of Jun. 2024)


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What is Yeahka 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. Yeahka's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.33%.

Yeahka ROCE % Historical Data

The historical data trend for Yeahka'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.

Yeahka ROCE % Chart

Yeahka Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 25.92 22.45 14.14 5.14 3.94

Yeahka Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 7.29 5.51 2.33 5.33

Yeahka ROCE % Calculation

Yeahka'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 )
=17.558/( ( (1045.656 - 593.864) + (1179.289 - 740.912) )/ 2 )
=17.558/( (451.792+438.377)/ 2 )
=17.558/445.0845
=3.94 %

Yeahka's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=21.572/( ( (1179.289 - 740.912) + (1044.171 - 673.275) )/ 2 )
=21.572/( ( 438.377 + 370.896 )/ 2 )
=21.572/404.6365
=5.33 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

* 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.

Yeahka  (OTCPK:YHEKF) 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.

Yeahka ROCE % Related Terms

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Yeahka Business Description

Industry
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Traded in Other Exchanges
09923:Hong Kong 4YE:Germany
Address
15 Keyuan Road, 19th Floor, A4 Building, Kexing Science Park, Nanshan District, Shenzhen, CHN
Website
https://www.yeahka.com
Yeahka Ltd is a payment-based technology platform in China that provides payment and business services to merchants and consumers. It derives revenue from one-stop payment services; merchant solutions services; and in-store e-commerce services. One-stop payment services provide merchants with their acceptance of non-cash payments from consumers, by connecting the merchants with the payment networks; Merchant solutions services leveraging on the established customer base acquired from the provision of the one-stop payment services, the Group also provides a series of value-added merchant solutions services; In-store e-commerce services leveraging on the established customer base with merchants acquired from providing one-stop payment services, and others.