Ajia Innogroup Holdings (Ajia Innogroup Holdings) ROCE % : -1,345.45% (As of Jun. 2023)

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What is Ajia Innogroup 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. Ajia Innogroup Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was -1,345.45%.

Ajia Innogroup Holdings ROCE % Historical Data

The historical data trend for Ajia Innogroup 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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Ajia Innogroup Holdings ROCE % Chart

Ajia Innogroup Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-20.63

-331.63

Ajia Innogroup Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-56.31	-1.51	-8.20	-16.79	-1,345.45

Ajia Innogroup Holdings ROCE % Calculation

Ajia Innogroup Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-5.379	/	( ( (5.252 - 1.02)	+	(0.061 - 1.049) )	/ 2 )
	=	-5.379	/	( (4.232	+	-0.988)	/ 2 )
	=	-5.379	/	1.622
	=	-331.63 %

Ajia Innogroup Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-20.424	/	( ( (5.126 - 1.102)	+	(0.061 - 1.049) )	/ 2 )
	=	-20.424	/	( ( 4.024	+	-0.988 )	/ 2 )
	=	-20.424	/	1.518
	=	-1,345.45 %

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

Ajia Innogroup Holdings (OTCPK:AJIA) 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.

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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ajia Innogroup Holdings Ltd (OTCPK:AJIA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

187 E. Warm Springs Road, Suite B307, Las Vegas, NV, USA, 89119

Website

http://www.ajiainnogroup.com

Ajia Innogroup Holdings Ltd is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants. AJIA offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.

Executives

Ajia Group Ltd

10 percent owner

FLAT/RM 303, 3F, AUSTIN TOWER, 22-26 AUSTIN AVENUE, TSIM SHA TSUI, KOWLOON K3 00000

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