New Silkroad Culturaltainment (HKSE:00472) ROCE % : -12.49% (As of Dec. 2023)

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What is New Silkroad Culturaltainment 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. New Silkroad Culturaltainment's annualized ROCE % for the quarter that ended in Dec. 2023 was -12.49%.

New Silkroad Culturaltainment ROCE % Historical Data

The historical data trend for New Silkroad Culturaltainment'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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New Silkroad Culturaltainment ROCE % Chart

New Silkroad Culturaltainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.56

-3.97

5.39

-6.48

-6.94

New Silkroad Culturaltainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															11.77	-9.45	-3.28	-1.42	-12.49

New Silkroad Culturaltainment ROCE % Calculation

New Silkroad Culturaltainment'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 )
	=	-127.631	/	( ( (2144.751 - 257.788)	+	(2290.535 - 498.086) )	/ 2 )
	=	-127.631	/	( (1886.963	+	1792.449)	/ 2 )
	=	-127.631	/	1839.706
	=	-6.94 %

New Silkroad Culturaltainment'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 )
	=	-228.528	/	( ( (2309.729 - 442.796)	+	(2290.535 - 498.086) )	/ 2 )
	=	-228.528	/	( ( 1866.933	+	1792.449 )	/ 2 )
	=	-228.528	/	1829.691
	=	-12.49 %

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

New Silkroad Culturaltainment (HKSE:00472) 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.

New Silkroad Culturaltainment ROCE % Related Terms

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New Silkroad Culturaltainment (HKSE:00472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Silkroad Culturaltainment Ltd (HKSE:00472) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

262 Gloucester Road, 15th Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG

Website

http://www.newsilkroad472.com

New Silkroad Culturaltainment Ltd is an investment holding company. The company has three reportable segments, namely development and operation of real estate, integrated resort and cultural tourism, production and distribution of wine, and entertainment business. It generates maximum revenue from the real estate, integrated resort, and cultural tourism segments. Geographically, it derives a majority of its revenue from Australia.

Executives

Xiao Wenhui	2201 Interest of corporation controlled by you
Cheung Shek Investment Company Limited	2201 Interest of corporation controlled by you
Macro-link Holding Company Limited	2201 Interest of corporation controlled by you
Fu Kwan	2201 Interest of corporation controlled by you
Macrolink Culturaltainment Development Co., Ltd.	2201 Interest of corporation controlled by you
Macro-link International Land Limited	2101 Beneficial owner
Macro-link Industrial Investment Limited	2201 Interest of corporation controlled by you
Macro-link International Investment Co, Ltd.	2101 Beneficial owner
Paisheng International Technology Co., Ltd	2101 Beneficial owner
Paison Technology Group Ltd.	2201 Interest of corporation controlled by you
Tang Jun	2201 Interest of corporation controlled by you

New Silkroad Culturaltainment (HKSE:00472) Headlines

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