ZRMG (Shenzhen-ZhongRong Morgan Investment Holding Group Co) ROCE %: 0.00% (As of Mar. 2017)


What is Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE %?

Shenzhen-ZhongRong Morgan Investment Holding Group Co ZRMG ROCE % is 0.00% as of Mar. 2017.

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. Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROCE % for the quarter that ended in Mar. 2017 was 0.00%.

Shenzhen-ZhongRong Morgan Investment Holding Group Co  (OTCPK:ZRMG) 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Related Terms

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Historical Data

* Premium members only.

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Chart

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROCE %
Get a 7-Day Free Trial 0.00 0.00 -1,929.41 -1,988.24 0.00

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.00 0.00 0.00 0.00 0.00

Shenzhen-ZhongRong Morgan Investment Holding Group Co ROCE % Calculation

Shenzhen-ZhongRong Morgan Investment Holding Group Co's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.004/( ( (0.001 - 0.002) + (0 - 0.005) )/ 2 )
=-0.004/( (-0.001+-0.005)/ 2 )
=-0.004/-0.003
=133.33 %

Shenzhen-ZhongRong Morgan Investment Holding Group Co's ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=0/( ( (0 - 0.005) + (0 - 0.005) )/ 2 )
=0/( ( -0.005 + -0.005 )/ 2 )
=0/-0.005
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2017) 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?
Shenzhen-ZhongRong Morgan Investment Holding Group Co (ZRMG) has a ROCE % of 0.00% as of Mar. 2017.
Is Shenzhen-ZhongRong Morgan Investment Holding Group Co's ROCE % too high?
Shenzhen-ZhongRong Morgan Investment Holding Group Co's current ROCE % is 0.00%.
How does Shenzhen-ZhongRong Morgan Investment Holding Group Co's ROCE % compare to NTWN and STQN?
Shenzhen-ZhongRong Morgan Investment Holding Group Co's ROCE % of 0.00% can be compared against companies in the Diversified Financial Services industry. 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. 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. Shenzhen-ZhongRong Morgan Investment Holding Group Co'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 Shenzhen-ZhongRong Morgan Investment Holding Group Co stock overvalued right now?
Shenzhen-ZhongRong Morgan Investment Holding Group Co (ZRMG) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Shenzhen-ZhongRong Morgan Investment Holding Group Co (ZRMG), the current ROCE % is 0.00% as of Mar. 2017. 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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Business Description

Address 136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.