Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) ROCE % : 0.00% (As of Mar. 2017)

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What is Shenzhen-ZhongRong Morgan Investment Holding Group 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. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROCE % for the quarter that ended in Mar. 2017 was 0.00%.

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group 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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Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Chart

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

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-1,929.41

-1,988.24

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Calculation

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-0.004	/	( ( (0.001 - 0.002)	+	(0 - 0.005) )	/ 2 )
	=	-0.004	/	( (-0.001	+	-0.005)	/ 2 )
	=	-0.004	/	-0.003
	=	133.33 %

Shenzhen-ZhongRong Morgan Investment Holding Group Co's ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2017 )		(Q: Dec. 2016 )		(Q: Mar. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2017 )		(Q: Dec. 2016 )		(Q: Mar. 2017 )
	=	0	/	( ( (0 - 0.005)	+	(0 - 0.005) )	/ 2 )
	=	0	/	( ( -0.005	+	-0.005 )	/ 2 )
	=	0	/	-0.005
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2017) EBIT data.

Shenzhen-ZhongRong Morgan Investment Holding Group Co (GREY:ZRMG) 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Related Terms

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Shenzhen-ZhongRong Morgan Investment Holding Group Co (Shenzhen-ZhongRong Morgan Investment Holding Group Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd (GREY:ZRMG) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354

Website

Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

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