Puhui Wealth Investment Management Co (Puhui Wealth Investment Management Co) ROCE % : -82.86% (As of Dec. 2021)

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What is Puhui Wealth Investment Management 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. Puhui Wealth Investment Management Co's annualized ROCE % for the quarter that ended in Dec. 2021 was -82.86%.

Puhui Wealth Investment Management Co ROCE % Historical Data

The historical data trend for Puhui Wealth Investment Management 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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Puhui Wealth Investment Management Co ROCE % Chart

Puhui Wealth Investment Management Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

ROCE %

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200.68

5.88

-23.27

-41.09

-57.37

Puhui Wealth Investment Management Co Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
ROCE %	Get a 7-Day Free Trial							-60.52	-24.46	-59.74	-60.59	-82.86

Puhui Wealth Investment Management Co ROCE % Calculation

Puhui Wealth Investment Management Co's annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	-3.927	/	( ( (12.047 - 3.065)	+	(8.429 - 3.721) )	/ 2 )
	=	-3.927	/	( (8.982	+	4.708)	/ 2 )
	=	-3.927	/	6.845
	=	-57.37 %

Puhui Wealth Investment Management Co's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	-3.632	/	( ( (8.429 - 3.721)	+	(7.572 - 3.513) )	/ 2 )
	=	-3.632	/	( ( 4.708	+	4.059 )	/ 2 )
	=	-3.632	/	4.3835
	=	-82.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

Puhui Wealth Investment Management Co (OTCPK:PHCFF) 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.

Puhui Wealth Investment Management Co ROCE % Related Terms

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Puhui Wealth Investment Management Co (Puhui Wealth Investment Management Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Puhui Wealth Investment Management Co Ltd (OTCPK:PHCFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Chang An Street, Room 801, 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, Dong Cheng District, Beijing, CHN, 100006

Website

https://www.puhuiwealth.com

Puhui Wealth Investment Management Co Ltd is a third-party wealth management service provider. The company is focused on the marketing of financial products, and managing funds for individuals and corporate clients. It generates its revenue from the commissions and recurring service fees generated through wealth management product-related services.