ZZ Capital International ROCE
What is the ROCE of ZZ Capital International?
The ROCE of ZZ Capital International Limited is 0.00%
What is the definition of ROCE?
Return on capital employed (ROCE) is a financial ratio that measures a company’s profitability and the efficiency with which its capital is used.
= EBIT / (assets - current liabilities)
Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders' equity and debt liabilities. It can be simplified as total assets minus current liabilities.
ROCE is especially useful when comparing the performance of companies in capital-intensive sectors. ROCE considers debt and other liabilities as well compared to other fundamentals which only analyze profitability related to a company’s common equity. This provides a better indication of financial performance for companies with significant debt. For a company, the ROCE trend over the years is also an important indicator of performance. In general, investors tend to favor companies with stable and rising ROCE numbers over companies where ROCE is volatile and bounces around from one year to the next.
Instead of using capital employed at an arbitrary point in time, analysts and investors often calculate ROCE based on the average capital employed (ROACE), which takes the average of opening and closing capital employed for the time period.
ROCE of companies in the Finance sector on HKSE compared to ZZ Capital International
What does ZZ Capital International do?
Zhongjin Technology Services Group Company Limited, an investment holding company, provides corporate advisory services in the People's Republic of China and internationally. It also offers investment advisory and asset management, proprietary investment, and money lending services. The company also engages in securities dealing activities; and provision of investment funds. In addition, it offers various financing and financial advisory to corporate customers, such as issuance of bonds and preference shares, secondary market placement, issuance of convertible bonds, merger and acquisition financial advisory, and private placement services. Further, the company provides information technology outsourcing, data center, and call center solutions, as well as marketing services. The company was formerly known as ZZ Capital International Limited and changed its name to Zhongjin Technology Services Group Company Limited in April 2021. The company was incorporated in 2010 and is headquartered in Central, Hong Kong. Zhongjin Technology Services Group Company Limited operates as a subsidiary of Zhong Zhi Xin Zhuo Capital Company Ltd.
Companies with roce similar to ZZ Capital International
- Omega Alpha Spac has ROCE of -0.01%
- The Gap has ROCE of -0.01%
- Elemental Royalties Ltd has ROCE of -0.01%
- Auburn National Bancorp has ROCE of -0.01%
- Galaxy Digital has ROCE of -0.01%
- The Gap has ROCE of -0.01%
- ZZ Capital International has ROCE of 0.00%
- Tejon Ranch Co has ROCE of 0.01%
- Glen Burnie Bancorp has ROCE of 0.02%
- MSP Steel & Power has ROCE of 0.02%
- TTL Beteiligungs- und Grundbesitz-AG has ROCE of 0.03%
- First Foundation Inc has ROCE of 0.03%
- FirstMark Horizon Acquisition has ROCE of 0.03%