Homeland Interactive Technology (HKSE:03798) ROCE % : 3.95% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Homeland Interactive Technology 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. Homeland Interactive Technology's annualized ROCE % for the quarter that ended in Jun. 2024 was 3.95%.

Homeland Interactive Technology ROCE % Historical Data

The historical data trend for Homeland Interactive Technology'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.

Homeland Interactive Technology ROCE % Chart

Homeland Interactive Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

58.65

59.74

39.64

21.81

25.32

Homeland Interactive Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										34.61	9.08	45.65	4.97	3.95

Homeland Interactive Technology ROCE % Calculation

Homeland Interactive Technology'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 )
	=	549.201	/	( ( (2351.025 - 306.737)	+	(2501.38 - 207.997) )	/ 2 )
	=	549.201	/	( (2044.288	+	2293.383)	/ 2 )
	=	549.201	/	2168.8355
	=	25.32 %

Homeland Interactive Technology's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	88.196	/	( ( (2501.38 - 207.997)	+	(2499.196 - 328.285) )	/ 2 )
	=	88.196	/	( ( 2293.383	+	2170.911 )	/ 2 )
	=	88.196	/	2232.147
	=	3.95 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Homeland Interactive Technology (HKSE:03798) 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.

Homeland Interactive Technology ROCE % Related Terms

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

Homeland Interactive Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Homeland Interactive Technology Ltd (HKSE:03798) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tainan Road, 7A, 22nd Floor, Huijin Building, Siming District, Xiamen, CHN

Website

https://www.jiaxianghudong.com

Homeland Interactive Technology Ltd is a developer and operator of localized card and board games developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the People's Republic of China.

Executives

Zhang Na	2101 Beneficial owner
Su Bo	2201 Interest of corporation controlled by you
Su Bo Network Limited	2101 Beneficial owner
Su Bo	2202 Interest of your spouse
Futu Trustee Limited	2301 Trustee
Ding Chunlong	2101 Beneficial owner
Jiang Mingkuan
Men Geng	2307 Founder of a discretionary trust who can infl
One One Eleven Limited	2201 Interest of corporation controlled by you
Futu Trustee (singapore) Pte Ltd	2301 Trustee
Men Geng Network Limited	2101 Beneficial owner
Jiang Ming Kuan Network Limited	2101 Beneficial owner
Wu Chengze	2201 Interest of corporation controlled by you
Wu Chengze Network Limited	2101 Beneficial owner
Li Bo	2201 Interest of corporation controlled by you

Homeland Interactive Technology Headlines

No Headlines