Lithium & Boron Technology (Lithium & Boron Technology) ROCE % : 0.00% (As of Jun. 2022)

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What is Lithium & Boron Technology 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. Lithium & Boron Technology's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

Lithium & Boron Technology ROCE % Historical Data

The historical data trend for Lithium & Boron Technology'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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Lithium & Boron Technology ROCE % Chart

Lithium & Boron Technology Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-28.99

-3.69

-209.84

Lithium & Boron Technology Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial															34.02	-510.16	-1,580.00	-	-

Lithium & Boron Technology ROCE % Calculation

Lithium & Boron Technology'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 )
	=	-4.16	/	( ( (7.588 - 3.334)	+	(4.643 - 4.932) )	/ 2 )
	=	-4.16	/	( (4.254	+	-0.289)	/ 2 )
	=	-4.16	/	1.9825
	=	-209.84 %

Lithium & Boron Technology's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-0.728	/	( ( (4.63 - 5.24)	+	(4.573 - 5.559) )	/ 2 )
	=	-0.728	/	( ( -0.61	+	-0.986 )	/ 2 )
	=	-0.728	/	-0.798
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

Lithium & Boron Technology (OTCPK:LBTI) 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.

Lithium & Boron Technology ROCE % Related Terms

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Lithium & Boron Technology (Lithium & Boron Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lithium & Boron Technology Inc (OTCPK:LBTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000

Website

http://www.lithiumborontech.com

Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company through its holding manufactures and sells boric acid and related compounds for industrial and consumer use. It offers boric acid manufacturing facilities to produce lithium carbonate for the rapidly growing electric vehicle battery market in China.

Executives

Jimin Zhang	10 percent owner	33 DENG SHI DOU STREET, BEJING F4 100006
Ginko International Investment Co., Ltd	10 percent owner	WICKHAMS CAY II, ROAD TOWN, TORTOLA D8 VG1110
Jian Zhang	10 percent owner	60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Mao Zhang	director, 10 percent owner	60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Huajun Ai	officer: Corporate Secretary	C/O SMARTHEAT, A-1,10, STREET 7, SHENYANG F4 110027
Northtech Holdings Inc.	10 percent owner	MILL MALL 6 WICKHAMS CAY1, P. O. BOX 3085 ROAD TOWN, TORTOLA D8 VG1110
Kenneth E. Scipta	director	4045 CENTER POINTE PLACE, SARASOTA FL 34233
Michael Wilhelm	officer: Chief Financial Officer	6529 N. OSHKOSH AVENUE, CHICAGO IL 60631
Oliver Bialowons	director, officer: President	SCHREIBERSTR 38, STUTTGART 2M 70199
Qingtai Kong	director	A-1,10,STREET 7,SHENYANG ECON&TECH ZONE, C/O SMARTHEAT INC., SHENYANG F4 110141
Xudong Wang	officer: VP of Strategy and Development	C/O SMARTHEAT INC, A-1 TO ST 7 SHENYANG ECO & TECH DEV ZONE, SHENYANG F4 110027
Xin Li	director	C/O SMARTHEAT INC, A-1 10 STREET 7, SHENYANG F4 110027
Arnold Staloff	director	1605 MAYFLOWER LANE, CHERRY HILL NJ 08003
Fredric W Rittereiser	director	C/O UTTC 1900 MARKET ST, STE 701, PHILADELPHIA PA 19103
Wenbin Lin	director	C/O SMARTHEAT,A-1,10, STREET 7, SHENYANG ECON & TECH DEV. ZONE, SHENYANG F4 110027

Lithium & Boron Technology (Lithium & Boron Technology) Headlines

From GuruFocus

Lithium & Boron Technology Announces Breakthrough Technology For Lithium Carbonate Production Used in Electric Vehicle and Energy Storage Batteries

By PRNewswire PRNewswire • 11-11-2021