Hello Group (Hello Group) ROCE % : 19.98% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Hello Group 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. Hello Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 19.98%.

Hello Group ROCE % Historical Data

The historical data trend for Hello Group'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.

Hello Group ROCE % Chart

Hello Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

21.65

15.18

-11.30

15.02

21.29

Hello Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															18.25	19.83	27.21	22.44	19.98

Hello Group ROCE % Calculation

Hello Group'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 )
	=	380.183	/	( ( (2270.549 - 679.64)	+	(2272.767 - 292.992) )	/ 2 )
	=	380.183	/	( (1590.909	+	1979.775)	/ 2 )
	=	380.183	/	1785.342
	=	21.29 %

Hello Group'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	389.4	/	( ( (2215.9 - 298.709)	+	(2272.767 - 292.992) )	/ 2 )
	=	389.4	/	( ( 1917.191	+	1979.775 )	/ 2 )
	=	389.4	/	1948.483
	=	19.98 %

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

Hello Group (NAS:MOMO) 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.

Hello Group ROCE % Related Terms

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

Hello Group (Hello Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hello Group Inc (NAS:MOMO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0K2P:UK 1MO:Germany 1MO:Germany

Address

No. 1 Futongdong Street, 20th Floor, Block B, Tower 2, Wangjing SOHO, Chaoyang District, Beijing, CHN, 100102

Website

https://www.hellogroup.com

Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.