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China Carbon Graphite Group (China Carbon Graphite Group) ROCE % : 0.00% (As of Sep. 2021)


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What is China Carbon Graphite Group 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. China Carbon Graphite Group's annualized ROCE % for the quarter that ended in Sep. 2021 was 0.00%.

China Carbon Graphite Group ROCE % Historical Data

The historical data trend for China Carbon Graphite Group'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.

* Premium members only.

China Carbon Graphite Group ROCE % Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
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China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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China Carbon Graphite Group ROCE % Calculation

China Carbon Graphite Group's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-0.215/( ( (0.158 - 2.623) + (0.122 - 2.82) )/ 2 )
=-0.215/( (-2.465+-2.698)/ 2 )
=-0.215/-2.5815
=8.33 %

China Carbon Graphite Group's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-0.272/( ( (0.293 - 2.934) + (0.766 - 3.152) )/ 2 )
=-0.272/( ( -2.641 + -2.386 )/ 2 )
=-0.272/-2.5135
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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.

China Carbon Graphite Group  (OTCPK:CHGI) 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 Carbon Graphite Group ROCE % Related Terms

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China Carbon Graphite Group (China Carbon Graphite Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Carbon Graphite Group Inc (OTCPK:CHGI) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
Website
http://www.chinacarboninc.com
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.