GURUFOCUS.COM » STOCK LIST » Technology » Software » XIAO-I Corp (NAS:AIXI) » Definitions » ROCE %

XIAO-I (XIAO-I) ROCE % : -135.38% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is XIAO-I 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. XIAO-I's annualized ROCE % for the quarter that ended in Dec. 2023 was -135.38%.


XIAO-I ROCE % Historical Data

The historical data trend for XIAO-I'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.

XIAO-I ROCE % Chart

XIAO-I Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
- 109.72 -30.41 -251.08

XIAO-I Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial 154.57 24.78 -80.57 -246.15 -135.38

XIAO-I ROCE % Calculation

XIAO-I'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 )
=-20.895/( ( (60.584 - 52.612) + (66.334 - 57.662) )/ 2 )
=-20.895/( (7.972+8.672)/ 2 )
=-20.895/8.322
=-251.08 %

XIAO-I'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 )
=-15.134/( ( (51.317 - 37.631) + (66.334 - 57.662) )/ 2 )
=-15.134/( ( 13.686 + 8.672 )/ 2 )
=-15.134/11.179
=-135.38 %

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


XIAO-I  (NAS:AIXI) 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.


XIAO-I ROCE % Related Terms

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


XIAO-I (XIAO-I) Business Description

Traded in Other Exchanges
N/A
Address
No. 1555, West Jinshajiang Road, 7th floor, Building 398, Shanghai, CHN, 201803
XIAO-I Corp is an AI industrialization company focusing on the AI Cognitive Intelligence platform. The platform combines six core technologies including Natural Language Processing, Speech Processing, Computer Vision, Machine Learning, Affective Computing, Data Intelligence, and Hyper- automation. Based on the platform, The company developed products and solutions in the fields of Al+ Contact Center, Al+ Finance, Al+ City Public Service, Al+ Architecture, Al+ Metaverse, Al+ Manufacturing, and Al+ Healthcare. It generates revenue from the sale of software products and services, M&S services, and the sale of cloud platform products.