Top KingWin (Top KingWin) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Top KingWin 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. Top KingWin's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Top KingWin ROCE % Historical Data

The historical data trend for Top KingWin'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.

* Premium members only.

Top KingWin ROCE % Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

38.38

142.13

-33.53

-50.77

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-51.00	-138.80	-	-

Top KingWin ROCE % Calculation

Top KingWin's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-2.478	/	( ( (5.088 - 2.893)	+	(10.237 - 2.67) )	/ 2 )
	=	-2.478	/	( (2.195	+	7.567)	/ 2 )
	=	-2.478	/	4.881
	=	-50.77 %

Top KingWin's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (11.288 - 2.242)	+	(10.237 - 2.67) )	/ 2 )
	=	0	/	( ( 9.046	+	7.567 )	/ 2 )
	=	0	/	8.3065
	=	0.00 %

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

Top KingWin (NAS:TCJH) 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.

Top KingWin ROCE % Related Terms

Thank you for viewing the detailed overview of Top KingWin's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

From GuruFocus

Top KingWin Ltd Rings Nasdaq Closing Bell

By PRNewswire PRNewswire • 04-28-2023

Univest Securities, LLC Announces Closing of $11 Million Initial Public Offering of Class A Ordinary Shares for its Client Top KingWin Ltd (Nasdaq: TCJH)

By sperokesalga sperokesalga • 04-20-2023

Top KingWin Ltd Announces Pricing of Initial Public Offering

By PRNewswire PRNewswire • 04-17-2023

Top KingWin Ltd Announces Closing of $11 Million Initial Public Offering

By PRNewswire PRNewswire • 04-20-2023