CTG Fibersway International (XNEC:CFW) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2017. Start your Free Trial

What is CTG Fibersway International 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. CTG Fibersway International's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

CTG Fibersway International ROCE % Historical Data

The historical data trend for CTG Fibersway International'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.

CTG Fibersway International ROCE % Chart

CTG Fibersway International Annual Data

Trend

ROCE %

CTG Fibersway International Semi-Annual Data

ROCE %

CTG Fibersway International ROCE % Calculation

CTG Fibersway International's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

CTG Fibersway International's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

CTG Fibersway International (XNEC:CFW) 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.

CTG Fibersway International ROCE % Related Terms

Thank you for viewing the detailed overview of CTG Fibersway International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

CTG Fibersway International (XNEC:CFW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CTG Fibersway International Ltd (XNEC:CFW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.248, Linglong street, Linglong industrail zone, Hangzhou, Linan, CHN

Website

http://www.fibersway.com

CTG Fibersway International Ltd manufactures, sales and markets networking cables, optic fibre cables and ancillary products.

CTG Fibersway International (XNEC:CFW) Headlines

No Headlines