STAR CM Holdings (HKSE:06698) ROCE % : -85.19% (As of Dec. 2023)

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What is STAR CM Holdings 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. STAR CM Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -85.19%.

STAR CM Holdings ROCE % Historical Data

The historical data trend for STAR CM Holdings'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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STAR CM Holdings ROCE % Chart

STAR CM Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

9.77

0.73

-7.63

2.39

-42.66

STAR CM Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-15.14	-0.54	5.38	-0.81	-85.19

STAR CM Holdings ROCE % Calculation

STAR CM Holdings'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 )
	=	-1748.701	/	( ( (5580.705 - 545.463)	+	(3517.463 - 354.807) )	/ 2 )
	=	-1748.701	/	( (5035.242	+	3162.656)	/ 2 )
	=	-1748.701	/	4098.949
	=	-42.66 %

STAR CM Holdings'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 )
	=	-3457.074	/	( ( (5382.261 - 428.877)	+	(3517.463 - 354.807) )	/ 2 )
	=	-3457.074	/	( ( 4953.384	+	3162.656 )	/ 2 )
	=	-3457.074	/	4058.02
	=	-85.19 %

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

STAR CM Holdings (HKSE:06698) 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.

STAR CM Holdings ROCE % Related Terms

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STAR CM Holdings (HKSE:06698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300 Hankou Road, 17th Floor, Jiefang Building, Shanghai, CHN

Website

http://www.starcmgroup.com

STAR CM Holdings Ltd is engaged in the variety program IP production, operation, and licensing, music IP operation and licensing, film and drama series IP operation and licensing and other IP-related business. Geographically, the company derives majority of revenue from Mainland China.

Executives

Beamingstars Investment Holdings Limited	2501 Other
Chinese Culture (shanghai) Equity Investment Center (l.p.)	2501 Other
Chinese Culture (tianjin) Investment Management Co., Ltd.	2501 Other
East Brothers Investment Holdings Limited	2501 Other
Goldenbroad Investment Holdings Limited	2501 Other
Harvest Sky Investment Holdings Limited	2501 Other
Jin Lei	2501 Other
Shanghai Zhihua Enterprise Management Partnership (limited Partnership)	2501 Other
Unionstars Investment Holdings Limited	2101 Beneficial owner
Xu Xiangdong	2501 Other
Tian Ming	2501 Other
Tibet Yuanhe Enterprise Management Co., Ltd.	2101 Beneficial owner
Zhefu Holding Group Co., Ltd.	2201 Interest of corporation controlled by you

STAR CM Holdings (HKSE:06698) Headlines

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