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Zoom Technologies (Zoom Technologies) ROCE % : -19.84% (As of Mar. 2014)


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What is Zoom Technologies 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. Zoom Technologies's annualized ROCE % for the quarter that ended in Mar. 2014 was -19.84%.


Zoom Technologies ROCE % Historical Data

The historical data trend for Zoom Technologies'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.

Zoom Technologies ROCE % Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.67 40.22 -0.57 -13.11 -11.01

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.00 0.78 -3.00 -32.26 -19.84

Zoom Technologies ROCE % Calculation

Zoom Technologies'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 )
=-3.807/( ( (212.839 - 156.753) + (168.283 - 155.198) )/ 2 )
=-3.807/( (56.086+13.085)/ 2 )
=-3.807/34.5855
=-11.01 %

Zoom Technologies's ROCE % of for the quarter that ended in Mar. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2014 )  (Q: Dec. 2013 )(Q: Mar. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2014 )  (Q: Dec. 2013 )(Q: Mar. 2014 )
=-2.556/( ( (168.283 - 155.198) + (170.818 - 158.142) )/ 2 )
=-2.556/( ( 13.085 + 12.676 )/ 2 )
=-2.556/12.8805
=-19.84 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2014) EBIT data.

* 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.


Zoom Technologies  (OTCPK:ZTNO) 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.


Zoom Technologies ROCE % Related Terms

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Zoom Technologies (Zoom Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.
Executives
Anthony K Chan director, officer: Chief Financial Officer 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Frank Blase Manning director C/O ZOOM TELEPHONICS INC, 207 SOUTH STREET, BOSTON MA 02110
Peter Robin Kramer director
Joseph Donovan director C/O ZOOM TECHNOLOGIES INC, 207 SOUTH STREET, BOSTON MA 02111
J Ronald Woods director
Bernard Furman director
Terry Manning officer: VP Sales & Marketing
Deena M Randall officer: VP of Operations
Robert A Crist officer: CFO

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