HH Biotechnology Holdings Co (HH Biotechnology Holdings Co) ROCE % : 23.42% (As of Sep. 2016)

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What is HH Biotechnology Holdings Co 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. HH Biotechnology Holdings Co's annualized ROCE % for the quarter that ended in Sep. 2016 was 23.42%.

HH Biotechnology Holdings Co ROCE % Historical Data

The historical data trend for HH Biotechnology Holdings Co'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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HH Biotechnology Holdings Co ROCE % Chart

HH Biotechnology Holdings Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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0.65

-0.87

-1.36

-10.12

14.86

HH Biotechnology Holdings Co Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
ROCE %	Get a 7-Day Free Trial															1.31	16.99	9.94	5.09	23.42

HH Biotechnology Holdings Co ROCE % Calculation

HH Biotechnology Holdings Co's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	3.53	/	( ( (53.984 - 34.848)	+	(46.461 - 18.102) )	/ 2 )
	=	3.53	/	( (19.136	+	28.359)	/ 2 )
	=	3.53	/	23.7475
	=	14.86 %

HH Biotechnology Holdings Co's ROCE % of for the quarter that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	6.804	/	( ( (41.76 - 13.264)	+	(42.751 - 13.152) )	/ 2 )
	=	6.804	/	( ( 28.496	+	29.599 )	/ 2 )
	=	6.804	/	29.0475
	=	23.42 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

HH Biotechnology Holdings Co (OTCPK:HHBT) 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.

HH Biotechnology Holdings Co ROCE % Related Terms

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HH Biotechnology Holdings Co (HH Biotechnology Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HH Biotechnology Holdings Co (OTCPK:HHBT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Heping North Street, C-Site, 25th - 26th Floor, Presidential Building, Heping District, Shenyang, CHN, 110003

Website

http://www.greatchinaholdings.com

HH Biotechnology Holdings Co is engaged in developing, producing and marketing of healthy food, supplements, medicine, and cosmetics.

Executives

Yizhao Zhang

director

45 OLD MILLSTONE DRIVE, NIT 6, EAST WINDSOR NJ 08520

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