ZO Future Group (HKSE:02309) ROCE % : -11.45% (As of Dec. 2023)

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What is ZO Future 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. ZO Future Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.45%.

ZO Future Group ROCE % Historical Data

The historical data trend for ZO Future 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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ZO Future Group ROCE % Chart

ZO Future Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-46.67

-44.31

-18.06

-14.94

-14.10

ZO Future Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.46	-19.83	-18.42	-10.65	-11.45

ZO Future Group ROCE % Calculation

ZO Future Group's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-62.824	/	( ( (1017.804 - 443.911)	+	(959.571 - 642.414) )	/ 2 )
	=	-62.824	/	( (573.893	+	317.157)	/ 2 )
	=	-62.824	/	445.525
	=	-14.10 %

ZO Future Group'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 )
	=	-68.26	/	( ( (959.571 - 642.414)	+	(1057.526 - 182.731) )	/ 2 )
	=	-68.26	/	( ( 317.157	+	874.795 )	/ 2 )
	=	-68.26	/	595.976
	=	-11.45 %

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

ZO Future Group (HKSE:02309) 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.

ZO Future Group ROCE % Related Terms

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ZO Future Group (HKSE:02309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZO Future Group (HKSE:02309) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.bshl.com.hk

ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; Investment in properties; and healthcare business. The company's activity primarily functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.

Executives

Trillion Trophy Asia Limited	2101 Beneficial owner
Wealthy Associates International Limited	2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd	2201 Interest of corporation controlled by you
Vong Pech	2201 Interest of corporation controlled by you
Lei Sutong	2201 Interest of corporation controlled by you
Suen Cho Hung, Paul	2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si	2101 Beneficial owner
Hong Long You Xian Gong Si	2101 Beneficial owner

ZO Future Group (HKSE:02309) Headlines

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