YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) ROCE % : 0.00% (As of Dec. 2023)

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What is YCQH Agricultural Technology Co 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. YCQH Agricultural Technology Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

YCQH Agricultural Technology Co ROCE % Historical Data

The historical data trend for YCQH Agricultural Technology Co'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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YCQH Agricultural Technology Co ROCE % Chart

YCQH Agricultural Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

YCQH Agricultural Technology Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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YCQH Agricultural Technology Co ROCE % Calculation

YCQH Agricultural Technology Co'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 )
	=	0.007	/	( ( (0.391 - 0.576)	+	(0.377 - 0.596) )	/ 2 )
	=	0.007	/	( (-0.185	+	-0.219)	/ 2 )
	=	0.007	/	-0.202
	=	-3.47 %

YCQH Agricultural Technology Co'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0.392	/	( ( (0.262 - 0.576)	+	(0.377 - 0.596) )	/ 2 )
	=	0.392	/	( ( -0.314	+	-0.219 )	/ 2 )
	=	0.392	/	-0.2665
	=	0 %

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

YCQH Agricultural Technology Co (OTCPK:YCQH) 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.

YCQH Agricultural Technology Co ROCE % Related Terms

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YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » YCQH Agricultural Technology Co Ltd (OTCPK:YCQH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ren Min Nan Road No. 45, No. 1104, Wuhou District, Sichuan Province, Chengdu, CHN, 610000

Website

YCQH Agricultural Technology Co Ltd operates in a bio-carbon-based fertilizer trading business, including wholesaling and retailing to customers mainly based in the People's Republic of China, sourcing directly from producers in China. The Company has two reportable segments namely, bio-carbon-based fertilizer trading business and online retailing business.

YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Headlines

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