Simei Media Co (SZSE:002712) ROCE % : 2.35% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Simei Media Co 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. Simei Media Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.35%.

Simei Media Co ROCE % Historical Data

The historical data trend for Simei Media Co'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.

Simei Media Co ROCE % Chart

Simei Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.19

-41.96

4.85

-18.81

-5.96

Simei Media Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.97	4.75	-2.14	-28.93	2.35

Simei Media Co ROCE % Calculation

Simei Media Co'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 )
	=	-96.553	/	( ( (2421.295 - 718.461)	+	(2499.498 - 962.307) )	/ 2 )
	=	-96.553	/	( (1702.834	+	1537.191)	/ 2 )
	=	-96.553	/	1620.0125
	=	-5.96 %

Simei Media Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	36.092	/	( ( (2499.498 - 962.307)	+	(2486.796 - 954.723) )	/ 2 )
	=	36.092	/	( ( 1537.191	+	1532.073 )	/ 2 )
	=	36.092	/	1534.632
	=	2.35 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Simei Media Co (SZSE:002712) 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.

Simei Media Co ROCE % Related Terms

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

Simei Media Co (SZSE:002712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Simei Media Co Ltd (SZSE:002712) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 288, Tongxie Road, Block 8, CIFI Hongqiao International, Changning District, Shanghai, CHN

Website

http://www.simei.cc

Simei Media Co Ltd is a China based media company. It is engaged in media planning and agency services, and brand management services, outdoor advertising, digital marketing, content marketing and strategy research. The business divisions of the company are Simei Pictures, Simei Advertisement, Simei Technology, Simei Sports, Simei Innovation, and others. Through its subsidiaries, the company is also engaged in the field of digital media, online literature, tv production, content marketing and on-ground-events.

Executives

Yu Jun	Executives
Wang Xiu Juan	Supervisors
Chen Jing Bo	Executives
Pan Hai Qiang	Directors, Directors, and Executives
Zhou Dong	Securities Affairs Representative
Xu Xing Rong	Director
Zhang Guo Yun	Directors, executives
Huang Hao Ting	Directors, executives
Lv Shuang Yuan	Directors, executives

Simei Media Co (SZSE:002712) Headlines

No Headlines