CDXQ (China De Xiao Quan Care Group Co) ROCE %: 0.00% (As of Jun. 2023)


What is China De Xiao Quan Care Group Co ROCE %?

China De Xiao Quan Care Group Co CDXQ ROCE % is 0.00% as of Jun. 2023.

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. China De Xiao Quan Care Group Co's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

China De Xiao Quan Care Group Co  (OTCPK:CDXQ) 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.

China De Xiao Quan Care Group Co ROCE % Related Terms

China De Xiao Quan Care Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for China De Xiao Quan Care Group 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.

China De Xiao Quan Care Group Co ROCE % Chart

China De Xiao Quan Care Group Co Annual Data
Trend May12 May13 May14 May15 May16 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

China De Xiao Quan Care Group Co Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 0.00 0.00 0.00 0.00

China De Xiao Quan Care Group Co ROCE % Calculation

China De Xiao Quan Care Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=1.418/( ( (0 - 3.068) + (0 - 1.93) )/ 2 )
=1.418/( (-3.068+-1.93)/ 2 )
=1.418/-2.499
=-56.74 %

China De Xiao Quan Care Group Co's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=4.088/( ( (0 - 1.967) + (0 - 0.96) )/ 2 )
=4.088/( ( -1.967 + -0.96 )/ 2 )
=4.088/-1.4635
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) 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 0.00% mean?
China De Xiao Quan Care Group Co (CDXQ) has a ROCE % of 0.00% as of Jun. 2023.
Is China De Xiao Quan Care Group Co's ROCE % too high?
China De Xiao Quan Care Group Co's current ROCE % is 0.00%.
How does China De Xiao Quan Care Group Co's ROCE % compare to CIRX and LCCN?
China De Xiao Quan Care Group Co's ROCE % of 0.00% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.90. 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.90, based on 556 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 Conglomerates industry, the median ROCE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China De Xiao Quan Care Group Co's current ROCE % 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 De Xiao Quan Care Group Co stock overvalued right now?
China De Xiao Quan Care Group Co (CDXQ) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 China De Xiao Quan Care Group Co (CDXQ), the current ROCE % is 0.00% as of Jun. 2023. 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 De Xiao Quan Care Group Co Business Description

Address No. 9 Huida Road, Room 515, Block A, Jiangbei New District, Nanjing, CHN, 210031
China De Xiao Quan Care Group Co Ltd focuses on the research and development, branding, and distribution of non-flame smoking devices; development and sale of computer software; and development and management of elder care services, development, and management, and related commodity sales. The Company's elderly care system incorporates integrated control of community elderly care; standardization of home elderly care services; traceable tracking of financial income and expenditure; big data monitoring of health management; big data support of user portrait; convenient and barrier-free operation mode.