EVKG (Ever-Glory International Group) ROCE %: -19.59% (As of Sep. 2022)

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EVKG Ever-Glory International Group Inc EVKG
16 GF Score
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What is Ever-Glory International Group ROCE %?

Ever-Glory International Group EVKG 16 ROCE % is -19.59% as of Sep. 2022. GuruFocus rates EVKG with a GF Score™ of 16/100.

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. Ever-Glory International Group's annualized ROCE % for the quarter that ended in Sep. 2022 was -19.59%.

Ever-Glory International Group  (OTCPK:EVKG) 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.

Ever-Glory International Group ROCE % Related Terms

Ever-Glory International Group ROCE % Historical Data

* Premium members only.

The historical data trend for Ever-Glory International 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.

Ever-Glory International Group ROCE % Chart

Ever-Glory International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.32 16.85 5.81 5.98 3.59

Ever-Glory International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -0.15 15.90 -9.18 10.36 -19.59
EVKG
16GF Score
Ever-Glory International Group Inc EVKG
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Ever-Glory International Group ROCE % Calculation

Ever-Glory International Group's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=5.244/( ( (331.726 - 188.97) + (349.305 - 199.751) )/ 2 )
=5.244/( (142.756+149.554)/ 2 )
=5.244/146.155
=3.59 %

Ever-Glory International Group's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-25.736/( ( (304.69 - 166.719) + (298.556 - 173.814) )/ 2 )
=-25.736/( ( 137.971 + 124.742 )/ 2 )
=-25.736/131.3565
=-19.59 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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 -19.59% mean?
Ever-Glory International Group (EVKG) has a ROCE % of -19.59% as of Sep. 2022.
Is Ever-Glory International Group's ROCE % too high?
Ever-Glory International Group's current ROCE % is -19.59%. Overall, Ever-Glory International Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ever-Glory International Group's ROCE % compare to SSNT and PCYG?
Ever-Glory International Group's ROCE % of -19.59% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.33. 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.33, based on 1,039 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever-Glory International Group's current ROCE % is -19.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Glory International Group stock overvalued right now?
Ever-Glory International Group (EVKG) has a current ROCE % of -19.59%. The current ROCE % is -19.59%. Ever-Glory International Group's overall GF Score™ is 16/100. 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 Ever-Glory International Group (EVKG), the current ROCE % is -19.59% as of Sep. 2022. 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.

Ever-Glory International Group Business Description

Address Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives majority of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
16GF 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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