AOXG (Aoxing Pharmaceutical Co) ROCE %: 19.13% (As of Mar. 2017)


What is Aoxing Pharmaceutical Co ROCE %?

Aoxing Pharmaceutical Co AOXG ROCE % is 19.13% as of Mar. 2017.

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. Aoxing Pharmaceutical Co's annualized ROCE % for the quarter that ended in Mar. 2017 was 19.13%.

Aoxing Pharmaceutical Co  (OTCPK:AOXG) 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.

Aoxing Pharmaceutical Co ROCE % Related Terms

Aoxing Pharmaceutical Co ROCE % Historical Data

* Premium members only.

The historical data trend for Aoxing Pharmaceutical 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.

Aoxing Pharmaceutical Co ROCE % Chart

Aoxing Pharmaceutical Co Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.40 -29.44 -30.47 111.05 41.22

Aoxing Pharmaceutical 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 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 31.35 -37.60 36.50 5.41 19.13

Aoxing Pharmaceutical Co ROCE % Calculation

Aoxing Pharmaceutical Co's annualized ROCE % for the fiscal year that ended in Jun. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2016 )  (A: Jun. 2015 )(A: Jun. 2016 )
=6.228/( ( (53.041 - 41.24) + (56.232 - 37.816) )/ 2 )
=6.228/( (11.801+18.416)/ 2 )
=6.228/15.1085
=41.22 %

Aoxing Pharmaceutical 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 )
=3.512/( ( (58.724 - 40.511) + (62.466 - 43.971) )/ 2 )
=3.512/( ( 18.213 + 18.495 )/ 2 )
=3.512/18.354
=19.13 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 19.13% mean?
Aoxing Pharmaceutical Co (AOXG) has a ROCE % of 19.13% as of Mar. 2017.
Is Aoxing Pharmaceutical Co's ROCE % too high?
Aoxing Pharmaceutical Co's current ROCE % is 19.13%.
How does Aoxing Pharmaceutical Co's ROCE % compare to OWCP and BSPK?
Aoxing Pharmaceutical Co's ROCE % of 19.13% 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 ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Aoxing Pharmaceutical Co's current ROCE % is 19.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aoxing Pharmaceutical Co stock overvalued right now?
Aoxing Pharmaceutical Co (AOXG) has a current ROCE % of 19.13%. The current ROCE % is 19.13%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Aoxing Pharmaceutical Co (AOXG), the current ROCE % is 19.13% as of Mar. 2017. 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.

Aoxing Pharmaceutical Co Business Description

Address Block 25, Flat F, 9th Floor, South Horizons, Apleichau, Hong Kong, HKG
Aoxing Pharmaceutical Co Inc does not have any business operations and is restructuring for a new business model and plans to acquire an operating company via reverse merger.