Media Chinese International (XKLS:5090) ROCE % : -2.54% (As of Dec. 2023)

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What is Media Chinese International 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. Media Chinese International's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.54%.

Media Chinese International ROCE % Historical Data

The historical data trend for Media Chinese International'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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Media Chinese International ROCE % Chart

Media Chinese International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-2.05

5.89

-0.50

1.43

1.59

Media Chinese International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.17	-3.93	-6.96	-5.39	-2.54

Media Chinese International ROCE % Calculation

Media Chinese International's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	11.218	/	( ( (921.764 - 216.495)	+	(940.007 - 231.637) )	/ 2 )
	=	11.218	/	( (705.269	+	708.37)	/ 2 )
	=	11.218	/	706.8195
	=	1.59 %

Media Chinese International'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-16.88	/	( ( (935.939 - 271.624)	+	(919.857 - 253.516) )	/ 2 )
	=	-16.88	/	( ( 664.315	+	666.341 )	/ 2 )
	=	-16.88	/	665.328
	=	-2.54 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Media Chinese International (XKLS:5090) 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.

Media Chinese International ROCE % Related Terms

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Media Chinese International (XKLS:5090) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Media Chinese International Ltd (XKLS:5090) » Definitions » ROCE %

Comparable Companies

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00685:Hong Kong

Address

18 Ka Yip Street, 15th Floor, Block A, Ming Pao Industrial Centre, Chai Wan, Hong Kong, HKG

Website

https://www.mediachinesegroup.com

Media Chinese International Ltd is a Hong Kong-based investment holding company principally engaged in publishing, printing, and distributing newspapers, magazines, books, and digital content that are written in Chinese. The company also provides travel and travel-related services. The group operates through various geographical regions, including Malaysia and other Southeast Asian countries, Hong Kong, Taiwan, and North America; however, the company derives the majority of its revenue from the publishing and printing business.

Media Chinese International (XKLS:5090) Headlines

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