Wowjoint Holdings (Wowjoint Holdings) ROCE % : 0.00% (As of Dec. 2013)

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What is Wowjoint Holdings 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. Wowjoint Holdings's annualized ROCE % for the quarter that ended in Dec. 2013 was 0.00%.

Wowjoint Holdings ROCE % Historical Data

The historical data trend for Wowjoint Holdings'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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Wowjoint Holdings ROCE % Chart

Wowjoint Holdings Annual Data

Trend

Dec08

Dec10

Dec11

Dec12

Dec13

ROCE %

-1.01

2.39

2.59

-17.92

-4.30

Wowjoint Holdings Quarterly Data
	May08	Dec08	Jun09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec12	Jun13	Dec13
ROCE %	Get a 7-Day Free Trial											-5.60	-14.30	-	-	-

Wowjoint Holdings ROCE % Calculation

Wowjoint Holdings'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 )
	=	-0.773	/	( ( (38.305 - 20.469)	+	(48.837 - 30.727) )	/ 2 )
	=	-0.773	/	( (17.836	+	18.11)	/ 2 )
	=	-0.773	/	17.973
	=	-4.30 %

Wowjoint Holdings's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Jun. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Jun. 2013 )		(Q: Dec. 2013 )
	=	0	/	( ( (48.024 - 29.3)	+	(48.837 - 30.727) )	/ 2 )
	=	0	/	( ( 18.724	+	18.11 )	/ 2 )
	=	0	/	18.417
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

Wowjoint Holdings (OTCPK:BWOWF) 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.

Wowjoint Holdings ROCE % Related Terms

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Wowjoint Holdings (Wowjoint Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wowjoint Holdings Ltd (OTCPK:BWOWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088

Website

http://www.wowjoint.com

Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

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