The heavily-indebted GCL New Energy solar project business owned by Chinese polysilicon manufacturer GCL-Poly yesterday reported it had achieved the milestone of recovering a positive assets-to ...
GCL said on Friday, it had discovered this month it holds 865 million fewer shares in its New Energy project business than it previously thought, with the discrepancy dating back to June.
Analysts use this formula to calculate it for GCL Global Holdings: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.029 = US$606k ÷ ...