ZDZT (Zhengduozhe Technology) ROCE %: 0.00% (As of Sep. 2023)


ZDZT Zhengduozhe Technology Inc ZDZT
38 GF Score
Price $0.57
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What is Zhengduozhe Technology ROCE %?

Zhengduozhe Technology ZDZT 38 ROCE % is 0.00% as of Sep. 2023. GuruFocus rates ZDZT with a GF Score™ of 38/100.

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. Zhengduozhe Technology's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Zhengduozhe Technology  (OTCPK:ZDZT) 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.

Zhengduozhe Technology ROCE % Related Terms

Zhengduozhe Technology ROCE % Historical Data

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The historical data trend for Zhengduozhe 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.

Zhengduozhe Technology ROCE % Chart

Zhengduozhe Technology Annual Data
Trend
ROCE %

Zhengduozhe Technology Semi-Annual Data
Sep22 Sep23
ROCE % 0.00 0.00
ZDZT
38GF Score
Zhengduozhe Technology Inc ZDZT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhengduozhe Technology ROCE % Calculation

Zhengduozhe Technology'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Zhengduozhe Technology'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: Sep. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=0/( ( (0 - 0) + (0.789 - 0.565) )/ 1 )
=0/( ( 0 + 0.224 )/ 1 )
=0/0.224
=0.00 %

(1) Note: The EBIT data used here is one times the annual (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 0.00% mean?
Zhengduozhe Technology (ZDZT) has a ROCE % of 0.00% as of Sep. 2023.
Is Zhengduozhe Technology's ROCE % too high?
Zhengduozhe Technology's current ROCE % is 0.00%. Overall, Zhengduozhe Technology has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Zhengduozhe Technology's ROCE % compare to DLOC and PWR?
Zhengduozhe Technology's ROCE % of 0.00% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhengduozhe 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 Zhengduozhe Technology stock overvalued right now?
Zhengduozhe Technology (ZDZT) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Zhengduozhe Technology's overall GF Score™ is 38/100. 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 Zhengduozhe Technology (ZDZT), the current ROCE % is 0.00% 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.

Zhengduozhe Technology Business Description

Address Big Data Industrial Park, 7th Floor Jingshuo Building, Jiangxi Province, Yichun, CHN, 336000
Zhengduozhe Technology Inc focuses on focus on computing power and storage services. The company's core business includes providing high-end computing services (such as blockchain, artificial intelligence, cloud gaming, etc.), massive network storage space services, cluster network server management systems, etc.
38GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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