NWCN (Network CN) ROCE %: 0.00% (As of Sep. 2024)

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NWCN Network CN Inc NWCN
12 GF Score
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What is Network CN ROCE %?

Network CN NWCN +25.00% 12 ROCE % is 0.00% as of Sep. 2024. GuruFocus rates NWCN with a GF Score™ of 12/100.

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. Network CN's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Network CN  (OTCPK:NWCN) 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.

Network CN ROCE % Related Terms

Network CN ROCE % Historical Data

* Premium members only.

The historical data trend for Network CN'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.

Network CN ROCE % Chart

Network CN Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
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Network CN Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00
NWCN
12GF Score
Network CN Inc NWCN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Network CN ROCE % Calculation

Network CN's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.592/( ( (0.484 - 3.972) + (0.835 - 5.058) )/ 2 )
=-1.592/( (-3.488+-4.223)/ 2 )
=-1.592/-3.8555
=41.29 %

Network CN's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-0.752/( ( (0.557 - 5.917) + (0.478 - 6.105) )/ 2 )
=-0.752/( ( -5.36 + -5.627 )/ 2 )
=-0.752/-5.4935
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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 0.00% mean?
Network CN (NWCN) has a ROCE % of 0.00% as of Sep. 2024.
Is Network CN's ROCE % too high?
Network CN's current ROCE % is 0.00%. Overall, Network CN has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Network CN's ROCE % compare to MMND and APP?
Network CN's ROCE % of 0.00% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.18. 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 Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.18, based on 978 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 Media - Diversified industry, the median ROCE % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Network CN's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Network CN stock overvalued right now?
Network CN (NWCN) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Network CN's overall GF Score™ is 12/100. 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 Network CN (NWCN), the current ROCE % is 0.00% as of Sep. 2024. 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.

Network CN Business Description

Address Unit 705B, 9 Science Museum Road, New East Ocean Centre, 7th Floor, Tsim Sha Tsui, Kowloon, HKG
Network CN Inc is a media and advertising company. The company is engaged in the provision of out-of-home advertising services in China. Its suite of services ranges from media planning to advertising operations such as a network of roadside light-emitting diode (LED) digital video panels, mega-size LED digital video billboards, and lightboxes in many cities. Its revenues consist of income from out-of-home advertising panels.
12GF 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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