DAZSF (Da Ai Zhi Shui International Holding Group) ROCE %: 41.35% (As of May. 2023)

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DAZSF Da Ai Zhi Shui International Holding Group Ltd DAZSF
23 GF Score
Price $0.22
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What is Da Ai Zhi Shui International Holding Group ROCE %?

Da Ai Zhi Shui International Holding Group DAZSF +145.67% 23 ROCE % is 41.35% as of May. 2023. GuruFocus rates DAZSF with a GF Score™ of 23/100.

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. Da Ai Zhi Shui International Holding Group's annualized ROCE % for the quarter that ended in May. 2023 was 41.35%.

Da Ai Zhi Shui International Holding Group  (OTCPK:DAZSF) 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.

Da Ai Zhi Shui International Holding Group ROCE % Related Terms

Da Ai Zhi Shui International Holding Group ROCE % Historical Data

* Premium members only.

The historical data trend for Da Ai Zhi Shui International Holding 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.

Da Ai Zhi Shui International Holding Group ROCE % Chart

Da Ai Zhi Shui International Holding Group Annual Data
Trend May21 May22 May23
ROCE %
0.00 25.75 41.35

Da Ai Zhi Shui International Holding Group Semi-Annual Data
May21 May22 May23
ROCE % 0.00 25.75 41.35
DAZSF
23GF Score
Da Ai Zhi Shui International Holding Group Ltd DAZSF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Da Ai Zhi Shui International Holding Group ROCE % Calculation

Da Ai Zhi Shui International Holding Group's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=0.141/( ( (1.059 - 0.748) + (1.705 - 1.334) )/ 2 )
=0.141/( (0.311+0.371)/ 2 )
=0.141/0.341
=41.35 %

Da Ai Zhi Shui International Holding Group's ROCE % of for the quarter that ended in May. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2023 )  (Q: May. 2022 )(Q: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2023 )  (Q: May. 2022 )(Q: May. 2023 )
=0.141/( ( (1.059 - 0.748) + (1.705 - 1.334) )/ 2 )
=0.141/( ( 0.311 + 0.371 )/ 2 )
=0.141/0.341
=41.35 %

(1) Note: The EBIT data used here is one times the annual (May. 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 41.35% mean?
Da Ai Zhi Shui International Holding Group (DAZSF) has a ROCE % of 41.35% as of May. 2023.
Is Da Ai Zhi Shui International Holding Group's ROCE % too high?
Da Ai Zhi Shui International Holding Group's current ROCE % is 41.35%. The Retail - Cyclical industry median ROCE % is 7.70. Da Ai Zhi Shui International Holding Group's value of 41.35% is 437.4% above this industry median. Overall, Da Ai Zhi Shui International Holding Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Da Ai Zhi Shui International Holding Group's ROCE % compare to NVVE and SPEV?
Da Ai Zhi Shui International Holding Group's ROCE % of 41.35% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.70. Da Ai Zhi Shui International Holding Group's value of 41.35% is 437.4% 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 a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.70, based on 1,120 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. Da Ai Zhi Shui International Holding Group's current ROCE % of 41.35% is 437.4% 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 Retail - Cyclical industry, the median ROCE % is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Da Ai Zhi Shui International Holding Group's current ROCE % is 41.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Da Ai Zhi Shui International Holding Group stock overvalued right now?
Da Ai Zhi Shui International Holding Group (DAZSF) has a current ROCE % of 41.35%. The current ROCE % is 41.35% and 437.4% above the Retail - Cyclical industry median of 7.70. Da Ai Zhi Shui International Holding Group's overall GF Score™ is 23/100. 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 Da Ai Zhi Shui International Holding Group (DAZSF), the current ROCE % is 41.35% as of May. 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.

Da Ai Zhi Shui International Holding Group Business Description

Address No. 3 Hoi Shing Road, Workshop A2, 25th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Da Ai Zhi Shui International Holding Group Ltd , formerly ZKGC New Energy Ltd provides management and operations consulting services.
23GF Score

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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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