Qingci Games (HKSE:06633) ROCE % : -9.05% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Qingci Games 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. Qingci Games's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.05%.

Qingci Games ROCE % Historical Data

The historical data trend for Qingci Games'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.

Qingci Games ROCE % Chart

Qingci Games Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.16

45.89

-40.68

4.44

-1.31

Qingci Games Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					-47.79	-8.69	17.66	6.41	-9.05

Qingci Games ROCE % Calculation

Qingci Games'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 )
	=	-25.761	/	( ( (2140.074 - 157.352)	+	(2186.276 - 241.507) )	/ 2 )
	=	-25.761	/	( (1982.722	+	1944.769)	/ 2 )
	=	-25.761	/	1963.7455
	=	-1.31 %

Qingci Games'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 )
	=	-180.904	/	( ( (2221.177 - 168.328)	+	(2186.276 - 241.507) )	/ 2 )
	=	-180.904	/	( ( 2052.849	+	1944.769 )	/ 2 )
	=	-180.904	/	1998.809
	=	-9.05 %

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

Qingci Games (HKSE:06633) 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.

Qingci Games ROCE % Related Terms

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

Qingci Games (HKSE:06633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Qingci Games Inc (HKSE:06633) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, 4 Wang Hai Road, Xiamen Software Park II, Fujian Province, Xiamen, CHN, 361008

Website

https://www.qcplay.com

Qingci Games Inc is a integrated mobile game developer and publisher in China. It offers mobile games that are designed to provide captivating content as well as distinctive and engaging gameplay experiences to players in mainland China and overseas.

Executives

Keiskei Holding Ltd.
Yang Family Holding Limited
Yang Xu
Xia Men Ji Xiang Gu Quan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Ucweb Inc.	2201 Interest of corporation controlled by you
Uc Mobile New World Limited	2201 Interest of corporation controlled by you
Uc Mobile International Limited	2201 Interest of corporation controlled by you
Qookka Entertainment Limited	2101 Beneficial owner
Ejoy.com Inc.	2201 Interest of corporation controlled by you
Alibaba Investment Limited	2201 Interest of corporation controlled by you
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Ali Uc Investment Holding Limited	2201 Interest of corporation controlled by you
Intelligence Qc Ltd.	2101 Beneficial owner
Ye Jiting	2201 Interest of corporation controlled by you

Qingci Games (HKSE:06633) Headlines

No Headlines