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

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CHGI China Carbon Graphite Group Inc CHGI
12 GF Score
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What is China Carbon Graphite Group ROCE %?

China Carbon Graphite Group CHGI 12 ROCE % is 0.00% as of Sep. 2021. GuruFocus rates CHGI 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. China Carbon Graphite Group's annualized ROCE % for the quarter that ended in Sep. 2021 was 0.00%.

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

China Carbon Graphite Group ROCE % Historical Data

* Premium members only.

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.

China Carbon Graphite Group ROCE % Chart

China Carbon Graphite Group Annual Data
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ROCE %
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China Carbon Graphite Group Quarterly Data
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CHGI
12GF Score
China Carbon Graphite Group Inc CHGI
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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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
China Carbon Graphite Group (CHGI) has a ROCE % of 0.00% as of Sep. 2021.
Is China Carbon Graphite Group's ROCE % too high?
China Carbon Graphite Group's current ROCE % is 0.00%. Overall, China Carbon Graphite Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Carbon Graphite Group's ROCE % compare to PLUG?
China Carbon Graphite Group's ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.05. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.05, based on 3,026 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 Industrial Products industry, the median ROCE % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Carbon Graphite Group'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 Carbon Graphite Group stock overvalued right now?
China Carbon Graphite Group (CHGI) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. China Carbon Graphite Group's 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 China Carbon Graphite Group (CHGI), the current ROCE % is 0.00% as of Sep. 2021. 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 Carbon Graphite Group Business Description

Address 20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
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.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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