Green Planet Bioengineering Co (Green Planet Bioengineering Co) ROIC % : 0.00% (As of Mar. 2024)

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What is Green Planet Bioengineering Co ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Green Planet Bioengineering Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2024 was 0.00%.

As of today (2024-05-24), Green Planet Bioengineering Co's WACC % is 0.00%. Green Planet Bioengineering Co's ROIC % is 0.00% (calculated using TTM income statement data). Green Planet Bioengineering Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Green Planet Bioengineering Co ROIC % Historical Data

The historical data trend for Green Planet Bioengineering Co'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.

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Green Planet Bioengineering Co ROIC % Chart

Green Planet Bioengineering Co Annual Data

Trend

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ROIC %

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Green Planet Bioengineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROIC %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Green Planet Bioengineering Co's ROIC %

For the Shell Companies subindustry, Green Planet Bioengineering Co'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.

Green Planet Bioengineering Co's ROIC % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Green Planet Bioengineering Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Green Planet Bioengineering Co's ROIC % falls into.

Green Planet Bioengineering Co ROIC % Calculation

Green Planet Bioengineering Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

	ROIC % (A: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2022 )	+	Invested Capital (A: Dec. 2023 ))	/ count )
=	-0.047 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.047	/	0
=	%

where

	Invested Capital		(A: Dec. 2022 )
=	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	-	0.382	-	( 0	-	max(0, 0.382	-	0	+	0	))
=	0

	Invested Capital		(A: Dec. 2023 )
=	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	-	0.43	-	( 0	-	max(0, 0.43	-	0	+	0	))
=	0

Green Planet Bioengineering Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2024 is calculated as:

	ROIC % (Q: Mar. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Mar. 2024 ))	/ count )
=	-0.024 * ( 1 - 0% )	/	( (0	+	0)	/ 1 )
=	-0.024	/	0
=	%

where

	Invested Capital		(Q: Dec. 2023 )
=	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	-	0.43	-	( 0	-	max(0, 0.43	-	0	+	0	))
=	0

	Invested Capital		(Q: Mar. 2024 )
=	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	-	0.436	-	( 0	-	max(0, 0.436	-	0	+	0	))
=	0

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

Green Planet Bioengineering Co (OTCPK:GPLB) 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, Green Planet Bioengineering Co's WACC % is 0.00%. Green Planet Bioengineering Co's ROIC % is 0.00% (calculated using TTM income statement data).

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.

Green Planet Bioengineering Co ROIC % Related Terms

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Green Planet Bioengineering Co (Green Planet Bioengineering Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Green Planet Bioengineering Co Ltd (OTCPK:GPLB) » Definitions » ROIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20807 Biscayne Boulevard, Suite 203, Aventura, FL, USA, 33180

Website

http://www.greenplanetbio.com.cn

Green Planet Bioengineering Co Ltd is a shell company.

Executives

Shanyan Ou	director, officer: VP of Sales	18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Jian Chen	director, officer: Chief Scientist	18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Jianrong Zheng	director	18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Zhao	10 percent owner, officer: CHIEF EXECUTIVE OFFICER	18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Min Yan Zhen	10 percent owner	18851 NE 29TH AVENUE, SUITE 700, AVENTURA FL 33180
Cris Neely	director, 10 percent owner, officer: President	18851 NE 29TH AVENUE, SUITE 700, AVENTURA CA 33180
Mondo Management Corp.	10 percent owner	61 BROADWAY, NEW YORK NY 10006
Gregory Sichenzia	director, 10 percent owner	SICHENZIA ROSS FRIEDMAN FERENCE LLP, 1065 AVENUE OF THE AMERICAS, 21ST FLOOR, NEW YORK NY 10018
Darrin M Ocasio	director, 10 percent owner, officer: President	C/O MONDO ACQUISITION II, 61 BROADWAY, 32ND FLOOR, NEW YORK NY 10006
Michael H Ference	director, 10 percent owner, officer: Secretary	C/O MONDO ACQUISITION II, 61 BROADWAY, 32ND FLOOR, NEW YORK NY 10006

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