Pop Culture Group Co (Pop Culture Group Co) ROCE % : -17.82% (As of Dec. 2023)

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What is Pop Culture Group 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. Pop Culture Group Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.82%.

Pop Culture Group Co ROCE % Historical Data

The historical data trend for Pop Culture Group 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.

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Pop Culture Group Co ROCE % Chart

Pop Culture Group Co Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

67.40

29.57

33.85

4.76

-60.54

Pop Culture Group Co Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial					6.04	2.34	-17.38	-107.87	-17.82

Pop Culture Group Co ROCE % Calculation

Pop Culture Group Co'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 )
	=	-24.367	/	( ( (64.368 - 10.091)	+	(39.045 - 12.828) )	/ 2 )
	=	-24.367	/	( (54.277	+	26.217)	/ 2 )
	=	-24.367	/	40.247
	=	-60.54 %

Pop Culture Group Co'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 )
	=	-4.534	/	( ( (39.045 - 12.828)	+	(41.191 - 16.529) )	/ 2 )
	=	-4.534	/	( ( 26.217	+	24.662 )	/ 2 )
	=	-4.534	/	25.4395
	=	-17.82 %

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

Pop Culture Group Co (NAS:CPOP) 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.

Pop Culture Group Co ROCE % Related Terms

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Pop Culture Group Co (Pop Culture Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pop Culture Group Co Ltd (NAS:CPOP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, No. 168 Fengqi Road, Jimei District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.cpop.cn

Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts.