CNWHF (China Networks International Holdings) ROC %: 0.00% (As of Dec. 2018)


What is China Networks International Holdings ROC %?

China Networks International Holdings CNWHF ROC % is 0.00% 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 %. China Networks International Holdings's annualized return on capital (ROC %) for the quarter that ended in Dec. 2018 was 0.00%.

As of today (2026-07-11), China Networks International Holdings's WACC % is 0.00%. China Networks International Holdings's ROC % is 0.00% (calculated using TTM income statement data). China Networks International Holdings earns returns that do not match up to its cost of capital. It will destroy value as it grows.

China Networks International Holdings  (OTCPK:CNWHF) 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, China Networks International Holdings's WACC % is 0.00%. China Networks International Holdings's ROC % is 0.00% (calculated using TTM income statement data). China Networks 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.

China Networks International Holdings ROC % Related Terms

China Networks International Holdings ROC % Historical Data

* Premium members only.

The historical data trend for China Networks 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.

China Networks International Holdings ROC % Chart

China Networks International Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,766.67 0.00 0.00 0.00 0.00

China Networks International Holdings Semi-Annual Data
Jun07 Jun08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,766.67 0.00 0.00 0.00 0.00

China Networks International Holdings ROC % Calculation

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

ROC % (A: Dec. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2017 ) + Invested Capital (A: Dec. 2018 ))/ count )
=-0.053 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.053/0
= %

where

Invested Capital(A: Dec. 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))
=0.071 - 2.914 - ( 0.071 - max(0, 2.914 - 0.071+0.071))
=0

Invested Capital(A: 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))
=0.018 - 3.092 - ( 0.018 - max(0, 3.092 - 0.018+0.018))
=0

China Networks 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: Dec. 2017 ) + Invested Capital (Q: Dec. 2018 ))/ count )
=-0.053 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.053/0
= %

where

Invested Capital(Q: Dec. 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))
=0.071 - 2.914 - ( 0.071 - max(0, 2.914 - 0.071+0.071))
=0

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))
=0.018 - 3.092 - ( 0.018 - max(0, 3.092 - 0.018+0.018))
=0

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

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
China Networks International Holdings (CNWHF) has a ROC % of 0.00% as of Dec. 2018. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on China Networks International Holdings and its competitors.
Is China Networks International Holdings' ROC % too high?
China Networks International Holdings' current ROC % is 0.00%.
How does China Networks International Holdings' ROC % compare to XITO and TGLO?
China Networks International Holdings' ROC % of 0.00% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 China Networks International Holdings and its competitors. China Networks International Holdings's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Networks International Holdings stock overvalued right now?
China Networks International Holdings (CNWHF) has a current ROC % of 0.00%. The current ROC % is 0.00%. 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 China Networks International Holdings (CNWHF), the current ROC % is 0.00% 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.

China Networks International Holdings Business Description

Address 6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN
China Networks International Holdings Ltd is a shell company.