ZHYBF (Zhong Yuan Bio-Technology Holdings) ROCE %: -33.78% (As of Mar. 2024)

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ZHYBF Zhong Yuan Bio-Technology Holdings Ltd ZHYBF
12 GF Score
Price $2.02
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What is Zhong Yuan Bio-Technology Holdings ROCE %?

Zhong Yuan Bio-Technology Holdings ZHYBF -100.00% 12 ROCE % is -33.78% as of Mar. 2024. GuruFocus rates ZHYBF with a GF Score™ of 12/100.

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. Zhong Yuan Bio-Technology Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -33.78%.

Zhong Yuan Bio-Technology Holdings  (OTCPK:ZHYBF) 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.

Zhong Yuan Bio-Technology Holdings ROCE % Related Terms

Zhong Yuan Bio-Technology Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Zhong Yuan Bio-Technology Holdings'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.

Zhong Yuan Bio-Technology Holdings ROCE % Chart

Zhong Yuan Bio-Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROCE %
Get a 7-Day Free Trial Premium Member Only -5.22 -0.14 -26.98 -167.88 115.55

Zhong Yuan Bio-Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 -36.18 -125.43 -272.65 238.24 -33.78
ZHYBF
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Zhong Yuan Bio-Technology Holdings Ltd ZHYBF
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Zhong Yuan Bio-Technology Holdings ROCE % Calculation

Zhong Yuan Bio-Technology Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=0.353/( ( (2.134 - 2.208) + (3.168 - 2.483) )/ 2 )
=0.353/( (-0.074+0.685)/ 2 )
=0.353/0.3055
=115.55 %

Zhong Yuan Bio-Technology Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=-0.266/( ( (3.224 - 2.334) + (3.168 - 2.483) )/ 2 )
=-0.266/( ( 0.89 + 0.685 )/ 2 )
=-0.266/0.7875
=-33.78 %

(1) Note: The EBIT data used here is two times the semi-annual (Mar. 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -33.78% mean?
Zhong Yuan Bio-Technology Holdings (ZHYBF) has a ROCE % of -33.78% as of Mar. 2024.
Is Zhong Yuan Bio-Technology Holdings' ROCE % too high?
Zhong Yuan Bio-Technology Holdings' current ROCE % is -33.78%. Overall, Zhong Yuan Bio-Technology Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Zhong Yuan Bio-Technology Holdings' ROCE % compare to CLNN and JVA?
Zhong Yuan Bio-Technology Holdings' ROCE % of -33.78% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.92. 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.92, based on 1,960 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 Consumer Packaged Goods industry, the median ROCE % is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhong Yuan Bio-Technology Holdings's current ROCE % is -33.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhong Yuan Bio-Technology Holdings stock overvalued right now?
Zhong Yuan Bio-Technology Holdings (ZHYBF) has a current ROCE % of -33.78%. The current ROCE % is -33.78%. Zhong Yuan Bio-Technology Holdings' overall GF Score™ is 12/100. 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 Zhong Yuan Bio-Technology Holdings (ZHYBF), the current ROCE % is -33.78% as of Mar. 2024. 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.

Zhong Yuan Bio-Technology Holdings Business Description

Address 28 Queen’s Road East, Suite 901, Tesbury Centre, Wanchai, Hong Kong, HKG
Zhong Yuan Bio-Technology Holdings Ltd is engaged in the business of developing and marketing nervonic acid-based health supplements and sales of acer truncatum seedlings. The company has two reportable segments such as sales of health care supplements and technical supporting services. The company generates its revenue primarily from the sales of health care supplements.
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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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