Net-a-Go Technology Co (HKSE:01483) ROCE % : -19.21% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Net-a-Go Technology 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. Net-a-Go Technology Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.21%.

Net-a-Go Technology Co ROCE % Historical Data

The historical data trend for Net-a-Go Technology 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.

* Premium members only.

Net-a-Go Technology Co ROCE % Chart

Net-a-Go Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-0.05

12.69

9.49

-27.00

-9.32

Net-a-Go Technology Co 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															5.28	4.00	-59.12	0.55	-19.21

Net-a-Go Technology Co ROCE % Calculation

Net-a-Go Technology Co'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 )
	=	-44.988	/	( ( (681.957 - 174.029)	+	(588.504 - 130.943) )	/ 2 )
	=	-44.988	/	( (507.928	+	457.561)	/ 2 )
	=	-44.988	/	482.7445
	=	-9.32 %

Net-a-Go Technology 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 )
	=	-92.758	/	( ( (686.997 - 178.902)	+	(588.504 - 130.943) )	/ 2 )
	=	-92.758	/	( ( 508.095	+	457.561 )	/ 2 )
	=	-92.758	/	482.828
	=	-19.21 %

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

Net-a-Go Technology Co (HKSE:01483) 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.

Net-a-Go Technology Co ROCE % Related Terms

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

Net-a-Go Technology Co (HKSE:01483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Net-a-Go Technology Co Ltd (HKSE:01483) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 King’s Road, Suite 1201, 12th Floor, Taikoo Shing, Hong Kong, HKG

Website

http://www.netago.hk

Net-a-Go Technology Co Ltd is an investment holding company operating in four segments: environmental maintenance business, property leasing business, securities trading business, and others business segment consists of the financials of manufacturing and selling of medical devices business, selling of cosmetics business and selling of frozen meat business. The majority of its revenue comes from the Environmental maintenance segment, which includes janitorial services on streets and public areas, waste management services, and facility maintenance management. Its geographical segments are Mainland China and Hong Kong, of which almost all of its revenue comes from Mainland China.

Net-a-Go Technology Co (HKSE:01483) Headlines

No Headlines