TOM Group (HKSE:02383) ROCE % : -0.27% (As of Dec. 2023)

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What is TOM 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. TOM Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.27%.

TOM Group ROCE % Historical Data

The historical data trend for TOM 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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TOM Group ROCE % Chart

TOM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.73

-37.58

-1.44

11.55

-0.12

TOM 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															-0.17	20.44	2.54	0.04	-0.27

TOM Group ROCE % Calculation

TOM Group'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 )
	=	-2.941	/	( ( (3202.222 - 583.418)	+	(3007.9 - 544.906) )	/ 2 )
	=	-2.941	/	( (2618.804	+	2462.994)	/ 2 )
	=	-2.941	/	2540.899
	=	-0.12 %

TOM 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 )
	=	-6.774	/	( ( (3012.129 - 541.396)	+	(3007.9 - 544.906) )	/ 2 )
	=	-6.774	/	( ( 2470.733	+	2462.994 )	/ 2 )
	=	-6.774	/	2466.8635
	=	-0.27 %

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

TOM Group (HKSE:02383) 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.

TOM Group ROCE % Related Terms

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TOM Group (HKSE:02383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TOM Group Ltd (HKSE:02383) » Definitions » ROCE %

Traded in Other Exchanges

TOCOF:USA

Address

26 Harbour Road, Rooms 1601-05, 16th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.tomgroup.com

TOM Group Ltd is a Chinese media conglomerate with the following operating segments. E-Commerce Group, Mobile Internet Group, Social Network Group, Publishing Group, and Advertising group. The majority is from the Publishing segment which includes magazine and book publishing and circulation, sales of advertising and other related product, and produces books and magazines around Taiwan and China. The Group has two divisions, Technology platform & investments, which include E-commerce, Mobile Internet, and Social network; Media Business, which includes Advertising and Publishing, out of which the majority is from the Media business. Geographically Hong Kong, Mainland China, Taiwan & other Asian country, the majority is from Taiwan & another Asian country.

Executives

Ck Hutchison Holdings Limited

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