Fortune Valley Treasures (Fortune Valley Treasures) ROCE % : -212.62% (As of Mar. 2024)

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What is Fortune Valley Treasures 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. Fortune Valley Treasures's annualized ROCE % for the quarter that ended in Mar. 2024 was -212.62%.

Fortune Valley Treasures ROCE % Historical Data

The historical data trend for Fortune Valley Treasures'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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Fortune Valley Treasures ROCE % Chart

Fortune Valley Treasures Annual Data

Trend

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-94.99

25.29

-23.12

-89.91

Fortune Valley Treasures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.30	-26.37	-92.16	-282.07	-212.62

Fortune Valley Treasures ROCE % Calculation

Fortune Valley Treasures'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 )
	=	-4.136	/	( ( (9.288 - 2.485)	+	(6.249 - 3.852) )	/ 2 )
	=	-4.136	/	( (6.803	+	2.397)	/ 2 )
	=	-4.136	/	4.6
	=	-89.91 %

Fortune Valley Treasures's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-3.96	/	( ( (6.249 - 3.852)	+	(5.149 - 3.821) )	/ 2 )
	=	-3.96	/	( ( 2.397	+	1.328 )	/ 2 )
	=	-3.96	/	1.8625
	=	-212.62 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Fortune Valley Treasures (OTCPK:FVTI) 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.

Fortune Valley Treasures ROCE % Related Terms

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Fortune Valley Treasures (Fortune Valley Treasures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fortune Valley Treasures Inc (OTCPK:FVTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139 Liansheng Road, B1601 Oriental Impression Building 2, Humen Town, Dongguan, Guangdong, CHN, 523900

Website

http://www.fvti.show

Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.

Executives

Kaihong Lin	director, officer: CFO, Treasurer, Director	NO. 10 OF TUANJIE 2ND ROAD, BEICE, HUMEN, DONGGUAN, GUANGDONG F4 518000
Xinlong Shen	director, officer: CEO, CFO	19F, LIANHE TOWER, 1069 NANHAI AVE,, NANSHAN DISTRICT, SHENZHEN F4 518000

Fortune Valley Treasures (Fortune Valley Treasures) Headlines

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