TGGI (Trans Global Group) ROCE %: -27.76% (As of Sep. 2023)


What is Trans Global Group ROCE %?

Trans Global Group TGGI -99.00% ROCE % is -27.76% as of Sep. 2023.

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. Trans Global Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -27.76%.

Trans Global Group  (OTCPK:TGGI) 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.

Trans Global Group ROCE % Related Terms

Trans Global Group ROCE % Historical Data

* Premium members only.

The historical data trend for Trans Global Group'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.

Trans Global Group ROCE % Chart

Trans Global Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial 0.00 623.38 866.67 0.00 -39.33

Trans Global Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -37.85 -27.72 -27.31 -27.76

Trans Global Group ROCE % Calculation

Trans Global Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.83/( ( (0 - 0.078) + (10.58 - 1.196) )/ 2 )
=-1.83/( (-0.078+9.384)/ 2 )
=-1.83/4.653
=-39.33 %

Trans Global Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-2.216/( ( (9.419 - 1.163) + (8.867 - 1.158) )/ 2 )
=-2.216/( ( 8.256 + 7.709 )/ 2 )
=-2.216/7.9825
=-27.76 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -27.76% mean?
Trans Global Group (TGGI) has a ROCE % of -27.76% as of Sep. 2023.
Is Trans Global Group's ROCE % too high?
Trans Global Group's current ROCE % is -27.76%.
How does Trans Global Group's ROCE % compare to WNFT and SRNW?
Trans Global Group's ROCE % of -27.76% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. 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. Trans Global Group's current ROCE % is -27.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Global Group stock overvalued right now?
Trans Global Group (TGGI) has a current ROCE % of -27.76%. The current ROCE % is -27.76%. 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 Trans Global Group (TGGI), the current ROCE % is -27.76% as of Sep. 2023. 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.

Trans Global Group Business Description

Address Minzhi Street, Room 2701, Block A, Zhantao Technology Building, Guangdong Province, Shenzhen, CHN, 518000
Trans Global Group Inc is a shell company.