Quality Online Education Group (Quality Online Education Group) ROCE % : 0.00% (As of May. 2023)

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What is Quality Online Education Group 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. Quality Online Education Group's annualized ROCE % for the quarter that ended in May. 2023 was 0.00%.

Quality Online Education Group ROCE % Historical Data

The historical data trend for Quality Online Education Group'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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Quality Online Education Group ROCE % Chart

Quality Online Education Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Aug13

Aug14

Aug21

Aug22

ROCE %

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59.51

39.09

-72.52

Quality Online Education Group Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Quality Online Education Group ROCE % Calculation

Quality Online Education Group's annualized ROCE % for the fiscal year that ended in Aug. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2022 )		(A: Aug. 2021 )		(A: Aug. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2022 )		(A: Aug. 2021 )		(A: Aug. 2022 )
	=	-3.79	/	( ( (1.27 - 1.604)	+	(0.984 - 1.874) )	/ 2 )
	=	-3.79	/	( (-0.334	+	-0.89)	/ 2 )
	=	-3.79	/	-0.612
	=	619.28 %

Quality Online Education Group'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: Feb. 2023 )		(Q: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2023 )		(Q: Feb. 2023 )		(Q: May. 2023 )
	=	-10.2	/	( ( (1.783 - 3.864)	+	(1.982 - 5.282) )	/ 2 )
	=	-10.2	/	( ( -2.081	+	-3.3 )	/ 2 )
	=	-10.2	/	-2.6905
	=	0 %

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

Quality Online Education Group (OTCPK:QOEG) 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.

Quality Online Education Group ROCE % Related Terms

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Quality Online Education Group (Quality Online Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Quality Online Education Group Inc (OTCPK:QOEG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Commerce Valley Dr. West, Thornhill, ON, CAN, L3T7V9

Website

https://www.qualityonline.education

Quality Online Education Group Inc is a e-Learning company that provides comprehensive online English lessons to students in China and expanding to other markets where English education is sought after. The company is a pioneer and industry leader in providing real-time online small group classes. The main business scope of the Group includes K12 English Online education services, courseware development and education-technology platform development. The students achieve noticeable and quantifiable results, by delivery of quality education from passionate team of teachers and teaching assistants, based in North America and the Philippines.

Executives

Amanda Anderson	director	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Fu Kei Man Derek	director	2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yin Yee Tso	director, officer: Chief Operating Officer	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Yee Tong	10 percent owner	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Lai Ying Li	director, officer: Chairman, CEO, CFO and Sec.	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Wing Shan Tong	10 percent owner	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR
Yiu Kwong Pang	director	UNITS 2611-13A, 26/F, 113 ARGYLE STREET, MONGKOK, KOWLOON K3 SAR