GWIN (Glorywin Entertainment Group) ROCE % : 0.00% (As of Dec. 2017)

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What is Glorywin Entertainment Group 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. Glorywin Entertainment Group's annualized ROCE % for the quarter that ended in Dec. 2017 was 0.00%.

Glorywin Entertainment Group ROCE % Historical Data

The historical data trend for Glorywin Entertainment 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.

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Glorywin Entertainment Group ROCE % Chart

Glorywin Entertainment Group Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

ROCE %

38.46

-933.33

106.93

169.20

Glorywin Entertainment Group Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17	Sep17	Dec17
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Glorywin Entertainment Group ROCE % Calculation

Glorywin Entertainment Group's annualized ROCE % for the fiscal year that ended in Mar. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2016 )		(A: Mar. 2015 )		(A: Mar. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2016 )		(A: Mar. 2015 )		(A: Mar. 2016 )
	=	2.219	/	( ( (3.422 - 0.766)	+	(0 - 0.033) )	/ 2 )
	=	2.219	/	( (2.656	+	-0.033)	/ 2 )
	=	2.219	/	1.3115
	=	169.20 %

Glorywin Entertainment Group's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	-0.004	/	( ( (0 - 0.113)	+	(0 - 0.114) )	/ 2 )
	=	-0.004	/	( ( -0.113	+	-0.114 )	/ 2 )
	=	-0.004	/	-0.1135
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

Glorywin Entertainment Group (OTCPK:GWIN) 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.

Glorywin Entertainment Group ROCE % Related Terms

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Glorywin Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Glorywin Entertainment Group Inc (OTCPK:GWIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2620 S. Maryland Avenue, Suite 1019, Las Vegas, NV, USA, 89109

Website

http://www.glorywinentertainment.com

Glorywin Entertainment Group Inc currently has no operations. Previously it was engaged inis a 3D bioprinting technology research and development, and anti-cancer drug research and development.

Glorywin Entertainment Group Headlines

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