ZKGC New Energy (ZKGC New Energy) ROCE % : 41.35% (As of May. 2023)

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What is ZKGC New Energy 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. ZKGC New Energy's annualized ROCE % for the quarter that ended in May. 2023 was 41.35%.

ZKGC New Energy ROCE % Historical Data

The historical data trend for ZKGC New Energy'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.

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ZKGC New Energy ROCE % Chart

ZKGC New Energy Annual Data

Trend

May21

May22

May23

ROCE %

25.75

41.35

ZKGC New Energy Semi-Annual Data
	May21	May22	May23
ROCE %	-	25.75	41.35

ZKGC New Energy ROCE % Calculation

ZKGC New Energy's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	0.141	/	( ( (1.059 - 0.748)	+	(1.705 - 1.334) )	/ 2 )
	=	0.141	/	( (0.311	+	0.371)	/ 2 )
	=	0.141	/	0.341
	=	41.35 %

ZKGC New Energy's ROCE % of for the quarter that ended in May. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2023 )		(Q: May. 2022 )		(Q: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2023 )		(Q: May. 2022 )		(Q: May. 2023 )
	=	0.141	/	( ( (1.059 - 0.748)	+	(1.705 - 1.334) )	/ 2 )
	=	0.141	/	( ( 0.311	+	0.371 )	/ 2 )
	=	0.141	/	0.341
	=	41.35 %

(1) Note: The EBIT data used here is one times the annual (May. 2023) EBIT data.

ZKGC New Energy (OTCPK:ZKGCF) 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.

ZKGC New Energy ROCE % Related Terms

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ZKGC New Energy (ZKGC New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKGC New Energy Ltd (OTCPK:ZKGCF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Xinxiangdi Jiari, Chengmai County, Hainan Province, Laocheng Town, Laocheng, CHN, 571924

Website

ZKGC New Energy Ltd is a builder, owner, operator, and manager of electric vehicle (EV) charging stations and a provider of EV charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types. Its line of products and services is its Charging Cloud SAAS Platform, EV charging equipment, and EV charging services. The SAAS network provides property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations. The SAAS network also provides EV drivers with vital station information, including station location, availability and fee payment.

Executives

Zhuowei Zhong	10 percent owner	5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang	director, officer: Chief Financial Officer	3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen	director, officer: Chief Executive Officer	401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Zonghan Wu	director, officer: Secretary	46 REEVES ROAD, PAKURANGA, AUCKLAND Q2 2140
Jinqi Liao	10 percent owner	12 XINXIANGDI JIARI, LAOCHENG TOWN, CHENGMAI COUNTY, HAINAN PROVINCE F4 571924

ZKGC New Energy (ZKGC New Energy) Headlines

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