China Networks International Holdings (China Networks International Holdings) ROCE % : 0.00% (As of Dec. 2018)

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What is China Networks International Holdings 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. China Networks International Holdings's annualized ROCE % for the quarter that ended in Dec. 2018 was 0.00%.

China Networks International Holdings ROCE % Historical Data

The historical data trend for China Networks International 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.

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China Networks International Holdings ROCE % Chart

China Networks International Holdings Annual Data

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ROCE %

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China Networks International Holdings Semi-Annual Data
	Jun07	Jun08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
ROCE %	Get a 7-Day Free Trial							-	-	-	-	-

China Networks International Holdings ROCE % Calculation

China Networks International Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-0.053	/	( ( (0.071 - 2.914)	+	(0.018 - 3.092) )	/ 2 )
	=	-0.053	/	( (-2.843	+	-3.074)	/ 2 )
	=	-0.053	/	-2.9585
	=	1.79 %

China Networks International Holdings's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Dec. 2017 )		(Q: Dec. 2018 )
	=	-0.053	/	( ( (0.071 - 2.914)	+	(0.018 - 3.092) )	/ 2 )
	=	-0.053	/	( ( -2.843	+	-3.074 )	/ 2 )
	=	-0.053	/	-2.9585
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2018) EBIT data.

China Networks International Holdings (OTCPK:CNWHF) 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.

China Networks International Holdings ROCE % Related Terms

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China Networks International Holdings (China Networks International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » China Networks International Holdings Ltd (OTCPK:CNWHF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6A Jian Guo Men Wai Avenue, 801, 29th Floor, Block C, Central International Trade Center, Chao Yang District, Beijing, CHN

Website

China Networks International Holdings Ltd is a shell company.

Executives

Kerry Propper

director, 10 percent owner

CHARDAN CHINA ACQUISITION CORP, 777 SOUTH HIGHWAY 101, SOLANA BEACH CA 92075

China Networks International Holdings (China Networks International Holdings) Headlines

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