CAOHF (FDG Electric Vehicles) ROCE %: -21.50% (As of Sep. 2019)


CAOHF FDG Electric Vehicles Ltd CAOHF
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What is FDG Electric Vehicles ROCE %?

FDG Electric Vehicles CAOHF 12 ROCE % is -21.50% as of Sep. 2019. GuruFocus rates CAOHF with a GF Score™ of 12/100.

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. FDG Electric Vehicles's annualized ROCE % for the quarter that ended in Sep. 2019 was -21.50%.

FDG Electric Vehicles  (OTCPK:CAOHF) 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.

FDG Electric Vehicles ROCE % Related Terms

FDG Electric Vehicles ROCE % Historical Data

* Premium members only.

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles ROCE % Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.77 -12.12 -6.30 -32.30 -50.90

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
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 -15.10 -50.50 -24.92 -85.24 -21.50
CAOHF
12GF Score
FDG Electric Vehicles Ltd CAOHF
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FDG Electric Vehicles ROCE % Calculation

FDG Electric Vehicles's annualized ROCE % for the fiscal year that ended in Mar. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2019 )  (A: Mar. 2018 )(A: Mar. 2019 )
=-304.507/( ( (1357.72 - 537.744) + (938.374 - 561.755) )/ 2 )
=-304.507/( (819.976+376.619)/ 2 )
=-304.507/598.2975
=-50.90 %

FDG Electric Vehicles's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2019 )  (Q: Mar. 2019 )(Q: Sep. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2019 )  (Q: Mar. 2019 )(Q: Sep. 2019 )
=-63.314/( ( (938.374 - 561.755) + (855.017 - 642.661) )/ 2 )
=-63.314/( ( 376.619 + 212.356 )/ 2 )
=-63.314/294.4875
=-21.50 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2019) 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 -21.50% mean?
FDG Electric Vehicles (CAOHF) has a ROCE % of -21.50% as of Sep. 2019.
Is FDG Electric Vehicles' ROCE % too high?
FDG Electric Vehicles' current ROCE % is -21.50%. Overall, FDG Electric Vehicles has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FDG Electric Vehicles' ROCE % compare to APTV?
FDG Electric Vehicles' ROCE % of -21.50% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDG Electric Vehicles's current ROCE % is -21.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDG Electric Vehicles stock overvalued right now?
FDG Electric Vehicles (CAOHF) has a current ROCE % of -21.50%. The current ROCE % is -21.50%. FDG Electric Vehicles' overall GF Score™ is 12/100. 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 FDG Electric Vehicles (CAOHF), the current ROCE % is -21.50% as of Sep. 2019. 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.

FDG Electric Vehicles Business Description

Address 26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.
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