CVTV (China VTV) ROCE %: 20.27% (As of Aug. 2020)


What is China VTV ROCE %?

China VTV CVTV ROCE % is 20.27% as of Aug. 2020.

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 VTV's annualized ROCE % for the quarter that ended in Aug. 2020 was 20.27%.

China VTV  (OTCPK:CVTV) 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 VTV ROCE % Related Terms

China VTV ROCE % Historical Data

* Premium members only.

The historical data trend for China VTV'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 VTV ROCE % Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
ROCE %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.00 196.30 20.27

China VTV ROCE % Calculation

China VTV's annualized ROCE % for the fiscal year that ended in Feb. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2020 )  (A: Feb. 2019 )(A: Feb. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2020 )  (A: Feb. 2019 )(A: Feb. 2020 )
=-1.507/( ( (0.018 - 0.48) + (50.839 - 51.166) )/ 2 )
=-1.507/( (-0.462+-0.327)/ 2 )
=-1.507/-0.3945
=382.00 %

China VTV's ROCE % of for the quarter that ended in Aug. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2020 )  (Q: May. 2020 )(Q: Aug. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2020 )  (Q: May. 2020 )(Q: Aug. 2020 )
=0.816/( ( (52.684 - 49.117) + (52.698 - 48.214) )/ 2 )
=0.816/( ( 3.567 + 4.484 )/ 2 )
=0.816/4.0255
=20.27 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2020) 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 20.27% mean?
China VTV (CVTV) has a ROCE % of 20.27% as of Aug. 2020.
Is China VTV's ROCE % too high?
China VTV's current ROCE % is 20.27%. The Interactive Media industry median ROCE % is 3.15. China VTV's value of 20.27% is 543.5% above this industry median.
How does China VTV's ROCE % compare to REBL and CSSE?
China VTV's ROCE % of 20.27% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.15. China VTV's value of 20.27% is 543.5% above this benchmark. 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 Interactive Media company?
The median ROCE % among Interactive Media companies is 3.15, based on 545 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. China VTV's current ROCE % of 20.27% is 543.5% above the industry median. 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 Interactive Media industry, the median ROCE % is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China VTV's current ROCE % is 20.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current ROCE % of 20.27%. The current ROCE % is 20.27% and 543.5% above the Interactive Media industry median of 3.15. 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 VTV (CVTV), the current ROCE % is 20.27% as of Aug. 2020. 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 VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.