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Maple Leaf Green World (XCNQ:MGW) ROCE % : 0.00% (As of Sep. 2024)


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What is Maple Leaf Green World 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. Maple Leaf Green World's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.


Maple Leaf Green World ROCE % Historical Data

The historical data trend for Maple Leaf Green World'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.

* Premium members only.

Maple Leaf Green World ROCE % Chart

Maple Leaf Green World Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.68 - - - -

Maple Leaf Green World 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 - - - - -

Maple Leaf Green World ROCE % Calculation

Maple Leaf Green World'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 )
=-0.736/( ( (0.595 - 9.37) + (0.168 - 10.081) )/ 2 )
=-0.736/( (-8.775+-9.913)/ 2 )
=-0.736/-9.344
=7.88 %

Maple Leaf Green World'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 )
=-0.416/( ( (0.167 - 10.131) + (0.167 - 5.98) )/ 2 )
=-0.416/( ( -9.964 + -5.813 )/ 2 )
=-0.416/-7.8885
=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.


Maple Leaf Green World  (XCNQ:MGW) 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.


Maple Leaf Green World ROCE % Related Terms

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Maple Leaf Green World Business Description

Traded in Other Exchanges
Address
1222 - 11th Avenue SW, Suite 203, Calgary, AB, CAN, T3C 0M4
Maple Leaf Green World Inc is focused on the health and wellness industry in North America and China. It has a hemp project in Southern California and an essential oil project in China. With over 10 years of extensive greenhouse management experience, the company applies its eco-agriculture knowledge and cultivation technology to produce contaminant-free hemp products. Maple Leaf's long-term objective is to produce hemp and essential oils for North America and international markets.
Executives
Raymond Siu Cheong Lai Director, Senior Officer
Wentong Gao Director
Qi Qi Wang Director
Terence Keung Cheung Lam Director, Senior Officer
Najibullah Alizada Director

Maple Leaf Green World Headlines

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