Maxnerva Technology Services (HKSE:01037) ROCE % : -10.36% (As of Dec. 2023)

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What is Maxnerva Technology Services 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. Maxnerva Technology Services's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.36%.

Maxnerva Technology Services ROCE % Historical Data

The historical data trend for Maxnerva Technology Services'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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Maxnerva Technology Services ROCE % Chart

Maxnerva Technology Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.55

6.55

9.78

6.72

-3.09

Maxnerva Technology Services Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.07	4.49	9.30	4.14	-10.36

Maxnerva Technology Services ROCE % Calculation

Maxnerva Technology Services'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 )
	=	-15.301	/	( ( (811.113 - 303.476)	+	(678.277 - 195.156) )	/ 2 )
	=	-15.301	/	( (507.637	+	483.121)	/ 2 )
	=	-15.301	/	495.379
	=	-3.09 %

Maxnerva Technology Services'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 )
	=	-51.77	/	( ( (720.428 - 204.419)	+	(678.277 - 195.156) )	/ 2 )
	=	-51.77	/	( ( 516.009	+	483.121 )	/ 2 )
	=	-51.77	/	499.565
	=	-10.36 %

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

Maxnerva Technology Services (HKSE:01037) 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.

Maxnerva Technology Services ROCE % Related Terms

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Maxnerva Technology Services (HKSE:01037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxnerva Technology Services Ltd (HKSE:01037) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Mody Road, Room 1001, 10th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.maxnerva.com

Maxnerva Technology Services Ltd is an investment holding company engaged in the operating segments of Smart Office Business, Industrial Solution Business and New Retail Business. Smart Office business segment is engaged in the provision of video conference related solutions plus brand licensing and supply chain management of smart office equipment. Industrial Solution Business segment is involved in the provision of smart manufacturing solutions and services to improve the effectiveness and efficiency of production lines, plant facilities and the management of industrial parks .New Retail business segment provides advanced digital signage and other retail solutions to their customers It has a business presence in Hong Kong, the PRC, the United States, Taiwan and others.

Executives

Fsk Holdings Limited	2201 Interest of corporation controlled by you
Fdg Fund, L.p.	2101 Beneficial owner
Tse Tik Yang Denis	2201 Interest of corporation controlled by you
Foxconn (far East) Limited	2101 Beneficial owner

Maxnerva Technology Services (HKSE:01037) Headlines

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