WGSK (World Gu Shan Kang Holding Group) ROIC %: 0.00% (As of Sep. 2020)


What is World Gu Shan Kang Holding Group ROIC %?

World Gu Shan Kang Holding Group WGSK ROIC % is 0.00% as of Sep. 2020.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. World Gu Shan Kang Holding Group's annualized return on invested capital (ROIC %) for the quarter that ended in Sep. 2020 was 0.00%.

As of today (2026-06-25), World Gu Shan Kang Holding Group's WACC % is 0.00%. World Gu Shan Kang Holding Group's ROIC % is 0.00% (calculated using TTM income statement data). World Gu Shan Kang Holding Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

World Gu Shan Kang Holding Group  (OTCPK:WGSK) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, World Gu Shan Kang Holding Group's WACC % is 0.00%. World Gu Shan Kang Holding Group's ROIC % is 0.00% (calculated using TTM income statement data). World Gu Shan Kang Holding Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

World Gu Shan Kang Holding Group ROIC % Related Terms

World Gu Shan Kang Holding Group ROIC % Historical Data

* Premium members only.

The historical data trend for World Gu Shan Kang Holding Group's ROIC % 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.

World Gu Shan Kang Holding Group ROIC % Chart

World Gu Shan Kang Holding Group Annual Data
Trend Oct09 Dec10 Dec18 Dec19
ROIC %
-2,100.00 787.68 0.00 0.00

World Gu Shan Kang Holding Group Quarterly Data
Jan09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
ROIC % 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 0.00 0.00 0.00 0.00 0.00

WGSK vs AEY, TAIT: ROIC % Comparison

For the Shell Companies subindustry, World Gu Shan Kang Holding Group's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

World Gu Shan Kang Holding Group ROIC % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, World Gu Shan Kang Holding Group's ROIC % distribution charts can be found below:

* The bar in red indicates where World Gu Shan Kang Holding Group's ROIC % falls into.


World Gu Shan Kang Holding Group ROIC % Calculation

World Gu Shan Kang Holding Group's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2019 is calculated as:

ROIC % (A: Dec. 2019 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2018 ) + Invested Capital (A: Dec. 2019 ))/ count )
=-0.042 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.042/0
= %

where

Invested Capital(A: Dec. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(A: Dec. 2019 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.042 - ( 0 - max(0, 0.042 - 0+0))
=0

World Gu Shan Kang Holding Group's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Sep. 2020 is calculated as:

ROIC % (Q: Sep. 2020 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2020 ) + Invested Capital (Q: Sep. 2020 ))/ count )
=-0.032 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.032/0
= %

where

Invested Capital(Q: Jun. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.038 - ( 0 - max(0, 0.038 - 0+0))
=0

Invested Capital(Q: Sep. 2020 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.046 - ( 0 - max(0, 0.046 - 0+0))
=0

Note: The Operating Income data used here is four times the quarterly (Sep. 2020) data. The tax rate is limited to between 0% and 100%.

* 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 ROIC % →
What does a ROIC % of 0.00% mean?
World Gu Shan Kang Holding Group (WGSK) has a ROIC % of 0.00% as of Sep. 2020. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on World Gu Shan Kang Holding Group and its competitors.
Is World Gu Shan Kang Holding Group's ROIC % too high?
World Gu Shan Kang Holding Group's current ROIC % is 0.00%.
How does World Gu Shan Kang Holding Group's ROIC % compare to AEY and TAIT?
World Gu Shan Kang Holding Group's ROIC % 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 ROIC % for a Diversified Financial Services company?
A good ROIC % depends on the Diversified Financial Services industry context. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on World Gu Shan Kang Holding Group and its competitors. World Gu Shan Kang Holding Group's current ROIC % 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 World Gu Shan Kang Holding Group stock overvalued right now?
World Gu Shan Kang Holding Group (WGSK) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For World Gu Shan Kang Holding Group (WGSK), the current ROIC % is 0.00% as of Sep. 2020. 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.

World Gu Shan Kang Holding Group Business Description

Address 528 Pudong South Road, 16th Floor, North Tower, Shanghai, CHN, 200120
World Gu Shan Kang Holding Group has no operations but intends to develop business or acquire private corporations that are involved in the comprehensive health and wellness, traditional Miao medicine, and new media e-commerce industries that are organized under the laws of the People's Republic of China. Upon consummation, the Company, through its wholly-owned subsidiary, will be involved in research and development, manufacturing, wellness franchise operations, health management, and services in the health and wellness industry.