Hai Jia International Co (Hai Jia International Co) ROCE % : 0.00% (As of Dec. 2004)

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What is Hai Jia International 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. Hai Jia International Co's annualized ROCE % for the quarter that ended in Dec. 2004 was 0.00%.

Hai Jia International Co ROCE % Historical Data

The historical data trend for Hai Jia International 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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Hai Jia International Co ROCE % Chart

Hai Jia International Co Annual Data

Trend

Mar02

Mar03

Mar04

ROCE %

-36.59

Hai Jia International Co Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
ROCE %	Get a 7-Day Free Trial						-253.66	-	-	-	-

Hai Jia International Co ROCE % Calculation

Hai Jia International Co's annualized ROCE % for the fiscal year that ended in Mar. 2004 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2004 )		(A: Mar. 2003 )		(A: Mar. 2004 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2004 )		(A: Mar. 2003 )		(A: Mar. 2004 )
	=	0	/	( ( (0.043 - 0.002)	+	(0.003 - 0) )	/ 2 )
	=	0	/	( (0.041	+	0.003)	/ 2 )
	=	0	/	0.022
	=	0.00 %

Hai Jia International Co's ROCE % of for the quarter that ended in Dec. 2004 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2004 )		(Q: Sep. 2004 )		(Q: Dec. 2004 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2004 )		(Q: Sep. 2004 )		(Q: Dec. 2004 )
	=	0	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	0	/	( ( 0	+	0 )	/ 1 )
	=	0	/	0
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2004) EBIT data.

Hai Jia International Co (OTCPK:HBIE) 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.

Hai Jia International Co ROCE % Related Terms

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Hai Jia International Co (Hai Jia International Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hai Jia International Ltd Co (OTCPK:HBIE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ba Hom Street, Ward 13, District 6, 54B, Palace 2, Phu Lam Market, Ho Chi Minh, VNM, 73118

Website

Hai Jia International Ltd Co focuses on the beauty and health industries. Its products are Cordyceps, Health Energy Water, Body Purification, Blood Purification, Antrodia cinnamomea, and other products.

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