China Gengsheng Minerals (FRA:CGS) ROCE % : -94.45% (As of Dec. 2013)

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

What is China Gengsheng Minerals 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. China Gengsheng Minerals's annualized ROCE % for the quarter that ended in Dec. 2013 was -94.45%.

China Gengsheng Minerals ROCE % Historical Data

The historical data trend for China Gengsheng Minerals'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.

China Gengsheng Minerals ROCE % Chart

China Gengsheng Minerals Annual Data

Trend

Sep06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

ROCE %

Get a 7-Day Free Trial

13.90

5.34

-3.72

-12.33

-31.30

China Gengsheng Minerals Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
ROCE %	Get a 7-Day Free Trial															-26.10	-30.63	-3.93	-11.62	-94.45

China Gengsheng Minerals ROCE % Calculation

China Gengsheng Minerals's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-7.451	/	( ( (123.753 - 92.905)	+	(103.623 - 86.857) )	/ 2 )
	=	-7.451	/	( (30.848	+	16.766)	/ 2 )
	=	-7.451	/	23.807
	=	-31.30 %

China Gengsheng Minerals's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	-19.16	/	( ( (121.675 - 97.868)	+	(103.623 - 86.857) )	/ 2 )
	=	-19.16	/	( ( 23.807	+	16.766 )	/ 2 )
	=	-19.16	/	20.2865
	=	-94.45 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

China Gengsheng Minerals (FRA:CGS) 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.

China Gengsheng Minerals ROCE % Related Terms

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

China Gengsheng Minerals (FRA:CGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Gengsheng Minerals (FRA:CGS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Gengsheng Road, Dayugou Town, Gongyi, Henan, CHN, 451271

Website

http://www.gengsheng.com

China Gengsheng Minerals Inc is a holding company. It operates in the materials technology industry through its subsidiaries in China. It develops, manufactures and sells a broad range of mineral-based products. Its products include refractory products, industrial ceramics, fracture proppants and fine precision abrasives and corundum materials. It sells its products to iron, steel, oil, glass, cement, aluminum, chemical and solar industries. The company has Refractories, Industrial ceramic, Fracture proppant, Fire precision abrasives segments. It derives the majority of its revenues from Refractories segment.

China Gengsheng Minerals (FRA:CGS) Headlines

No Headlines