China Teletech Holding (China Teletech Holding) ROCE % : 0.00% (As of Mar. 2018)

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What is China Teletech Holding 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 Teletech Holding's annualized ROCE % for the quarter that ended in Mar. 2018 was 0.00%.

China Teletech Holding ROCE % Historical Data

The historical data trend for China Teletech Holding'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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China Teletech Holding ROCE % Chart

China Teletech Holding Annual Data

Trend

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ROCE %

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China Teletech Holding Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Dec15	Sep16	Dec16	Mar17	Sep17	Dec17	Mar18
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

China Teletech Holding ROCE % Calculation

China Teletech Holding's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-0.236	/	( ( (0 - 0.505)	+	(0 - 0.544) )	/ 2 )
	=	-0.236	/	( (-0.505	+	-0.544)	/ 2 )
	=	-0.236	/	-0.5245
	=	45.00 %

China Teletech Holding's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2018 )		(Q: Dec. 2017 )		(Q: Mar. 2018 )
	=	-0.108	/	( ( (0 - 0.544)	+	(0 - 0.562) )	/ 2 )
	=	-0.108	/	( ( -0.544	+	-0.562 )	/ 2 )
	=	-0.108	/	-0.553
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2018) EBIT data.

China Teletech Holding (OTCPK:CNCT) 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 Teletech Holding ROCE % Related Terms

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China Teletech Holding (China Teletech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Teletech Holding Inc (OTCPK:CNCT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 528, Pudong South Road, 16-01-3, 16th Floor, North Tower, Pudong New Area, Shanghai, CHN, 200120

Website

http://www.chinateletech.com

China Teletech Holding Inc is an investment holding company with no operations. It is seeking opportunities to acquire a business in China and the rest of the world.

China Teletech Holding (China Teletech Holding) Headlines

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