GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tengjun Biotechnology Corp (OTCPK:TJBH) » Definitions » ROCE %

Tengjun Biotechnology (Tengjun Biotechnology) ROCE % : -11.03% (As of Jun. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Tengjun Biotechnology 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. Tengjun Biotechnology's annualized ROCE % for the quarter that ended in Jun. 2023 was -11.03%.

Tengjun Biotechnology ROCE % Historical Data

The historical data trend for Tengjun Biotechnology'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.

Tengjun Biotechnology ROCE % Chart

Tengjun Biotechnology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 253.24

Tengjun Biotechnology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROCE % 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 Premium Member Only - 1,444.62 216.95 14.99 -11.03

Tengjun Biotechnology ROCE % Calculation

Tengjun Biotechnology's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=16.064/( ( (14.03 - 16.316) + (58.63 - 43.657) )/ 2 )
=16.064/( (-2.286+14.973)/ 2 )
=16.064/6.3435
=253.24 %

Tengjun Biotechnology's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-1.712/( ( (173.921 - 158.153) + (438.962 - 423.697) )/ 2 )
=-1.712/( ( 15.768 + 15.265 )/ 2 )
=-1.712/15.5165
=-11.03 %

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

* 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.

Tengjun Biotechnology  (OTCPK:TJBH) 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.

Tengjun Biotechnology ROCE % Related Terms

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

Tengjun Biotechnology (Tengjun Biotechnology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tengjun Biotechnology Corp (OTCPK:TJBH) » Definitions » ROCE %
Comparable Companies
KLG USNA WEST UTZ HAIN BGS BRCC THRN JBSS SENEA XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
East Jinze Road and South Huimin Road, Food Industry Economic and Technology Development District, Jinxiang County, Shandong Province, Jining, CHN
Website
Tengjun Biotechnology Corp, through its subsidiaries, is engaged in producing different types of teas, such as green dandelion tea and black dandelion tea. It is also manufacturing and selling consumer water purifiers. Its products include Mincheng Black Dandelion Tea and Mincheng Green Dandelion Tea, of various packages and sizes.
Executives
Qiuping Lu director, 10 percent owner, officer: Vice President, Treasurer, CFO 505 WEST 8TH AVENUE, SUITE 16, MESA AZ 85201
Fumin Feng director, 10 percent owner, officer: Secretary BLOCK 5, ROOM 2503, WANDA SQUARE, NO.93 JIANGUO ROAD, BEIJING NY 100022
Blue Water Restaurant Group, Inc. 10 percent owner 7070 E FARRELL RD, SE, SUITE 1019, CALGARY A0 T2H 0T2
Nina E. Edstrom director, 10 percent owner, officer: Sole Officer and Director C/O THE MAILBOX #5241, P. O. BOX 523882, MIAMI FL 33152
Taurus Financial Partners, Llc 10 percent owner C/O THE MAILBOX #5241, P. O. BOX 523882, MIAMI FL 33152