CMHZ (Banny Cosmic International Holdings) ROC %: 40.20% (As of Dec. 2018)

What is Banny Cosmic International Holdings ROC %?

Banny Cosmic International Holdings CMHZ ROC % is 40.20% as of Dec. 2018.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Banny Cosmic International Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2018 was 40.20%.

As of today (2026-06-25), Banny Cosmic International Holdings's WACC % is 0.00%. Banny Cosmic International Holdings's ROC % is 0.00% (calculated using TTM income statement data). Banny Cosmic International Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Banny Cosmic International Holdings (OTCPK:CMHZ) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Banny Cosmic International Holdings's WACC % is 0.00%. Banny Cosmic International Holdings's ROC % is 0.00% (calculated using TTM income statement data). Banny Cosmic International Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Banny Cosmic International Holdings ROC % Related Terms

Banny Cosmic International Holdings ROC % Historical Data

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The historical data trend for Banny Cosmic International Holdings's ROC % 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.

Banny Cosmic International Holdings ROC % Chart

Banny Cosmic International Holdings Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

ROC %

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-4.12

-2.75

0.00

-955.00

Banny Cosmic International Holdings Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
ROC %	Get a 7-Day Free Trial															-2,640.00	-380.00	-540.00	132.66	40.20

Banny Cosmic International Holdings ROC % Calculation

Banny Cosmic International Holdings's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2018 is calculated as:

	ROC % (A: Jun. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Jun. 2017 )	+	Invested Capital (A: Jun. 2018 ))	/ count )
=	-0.191 * ( 1 - 0% )	/	( (0	+	0.02)	/ 1 )
=	-0.191	/	0.02
=	-955.00 %

where

	Invested Capital		(A: Jun. 2017 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.021	-	0.174	-	( 0.01	-	max(0, 0.174	-	0.021	+	0.01	))
=	0

	Invested Capital		(A: Jun. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.023	-	0.088	-	( 0.003	-	max(0, 0.088	-	0.003	+	0.003	))
=	0.02

Banny Cosmic International Holdings's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2018 is calculated as:

	ROC % (Q: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2018 )	+	Invested Capital (Q: Dec. 2018 ))	/ count )
=	0.04 * ( 1 - 0% )	/	( (0.179	+	0.02)	/ 2 )
=	0.04	/	0.0995
=	40.20 %

where

	Invested Capital		(Q: Sep. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.431	-	0.305	-	( 0.349	-	max(0, 0.464	-	0.411	+	0.349	))
=	0.179

	Invested Capital		(Q: Dec. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.237	-	0.249	-	( 0.214	-	max(0, 0.249	-	0.217	+	0.214	))
=	0.02

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of 40.20% mean?

Banny Cosmic International Holdings (CMHZ) has a ROC % of 40.20% as of Dec. 2018. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Banny Cosmic International Holdings and its competitors.

Is Banny Cosmic International Holdings' ROC % too high?

Banny Cosmic International Holdings' current ROC % is 40.20%. The Retail - Cyclical industry median ROC % is 4.36. Banny Cosmic International Holdings' value of 40.20% is 822% above this industry median.

How does Banny Cosmic International Holdings' ROC % compare to BORNY and THST?

Banny Cosmic International Holdings' ROC % of 40.20% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.36. Banny Cosmic International Holdings' value of 40.20% is 822% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for a Retail - Cyclical company?

The median ROC % among Retail - Cyclical companies is 4.36, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banny Cosmic International Holdings's current ROC % of 40.20% is 822% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Banny Cosmic International Holdings and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banny Cosmic International Holdings's current ROC % is 40.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Banny Cosmic International Holdings stock overvalued right now?

Banny Cosmic International Holdings (CMHZ) has a current ROC % of 40.20%. The current ROC % is 40.20% and 822% above the Retail - Cyclical industry median of 4.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Banny Cosmic International Holdings (CMHZ), the current ROC % is 40.20% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banny Cosmic International Holdings Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies WAR:TLV BOM:507498 BOM:531635 NSE:RKDL BORNY XSAT:UMIDA B ASX:DW8 XCNQ:SBD NSE:AURDIS SGX:BKV BOM:542628 THST ICNB XKLS:5188 BOM:530305 OSTO:MACK B HKSE:08301 XMAD:BIL BOM:507155 MMNT

Address 30 Canton Road, Flat 12, 14th Floor, Tower 1, Silvercord, Kowloon, Hong Kong, HKG

Website http://www.apologoldus.com

Banny Cosmic International Holdings Inc is engaged in the distribution of wines.