UNSS (Universal Solar Technology) ROCE %: 0.00% (As of Dec. 2020)


What is Universal Solar Technology ROCE %?

Universal Solar Technology UNSS -99.00% ROCE % is 0.00% as of Dec. 2020.

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. Universal Solar Technology's annualized ROCE % for the quarter that ended in Dec. 2020 was 0.00%.

Universal Solar Technology  (OTCPK:UNSS) 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.

Universal Solar Technology ROCE % Related Terms

Universal Solar Technology ROCE % Historical Data

* Premium members only.

The historical data trend for Universal Solar 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.

Universal Solar Technology ROCE % Chart

Universal Solar Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.65 -18.09 -13.68 0.00 0.00

Universal Solar Technology Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec18 Dec19 Jun20 Dec20
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 -10.35 0.00 0.00 0.00 0.00

Universal Solar Technology ROCE % Calculation

Universal Solar Technology's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-0.158/( ( (0.011 - 0.037) + (0.067 - 0.706) )/ 2 )
=-0.158/( (-0.026+-0.639)/ 2 )
=-0.158/-0.3325
=47.52 %

Universal Solar Technology's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2020 )  (Q: Jun. 2020 )(Q: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2020 )  (Q: Jun. 2020 )(Q: Dec. 2020 )
=-0.308/( ( (0.008 - 0.018) + (0.067 - 0.706) )/ 2 )
=-0.308/( ( -0.01 + -0.639 )/ 2 )
=-0.308/-0.3245
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2020) 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?
Universal Solar Technology (UNSS) has a ROCE % of 0.00% as of Dec. 2020.
Is Universal Solar Technology's ROCE % too high?
Universal Solar Technology's current ROCE % is 0.00%.
How does Universal Solar Technology's ROCE % compare to YGEHY and BSRC?
Universal Solar Technology's ROCE % of 0.00% 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. Universal Solar Technology'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 Universal Solar Technology stock overvalued right now?
Universal Solar Technology (UNSS) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Universal Solar Technology (UNSS), the current ROCE % is 0.00% as of Dec. 2020. 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.

Universal Solar Technology Business Description