Top Wealth Group Holding (Top Wealth Group Holding) ROCE % : 111.92% (As of Jun. 2023)

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What is Top Wealth Group Holding 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 Wealth Group Holding's annualized ROCE % for the quarter that ended in Jun. 2023 was 111.92%.

Top Wealth Group Holding ROCE % Historical Data

The historical data trend for Top Wealth Group Holding'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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Top Wealth Group Holding ROCE % Chart

Top Wealth Group Holding Annual Data

Trend

Dec21

Dec22

ROCE %

183.57

Top Wealth Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
ROCE %	-	-	91.89	111.92

Top Wealth Group Holding ROCE % Calculation

Top Wealth Group Holding'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 )
	=	2.28	/	( ( (0.34 - 0.385)	+	(3.432 - 0.903) )	/ 2 )
	=	2.28	/	( (-0.045	+	2.529)	/ 2 )
	=	2.28	/	1.242
	=	183.57 %

Top Wealth Group Holding'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: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	3.642	/	( ( (3.432 - 0.903)	+	(5.947 - 1.968) )	/ 2 )
	=	3.642	/	( ( 2.529	+	3.979 )	/ 2 )
	=	3.642	/	3.254
	=	111.92 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Top Wealth Group Holding (NAS:TWG) 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 Wealth Group Holding ROCE % Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Top Wealth Group Holding Ltd (NAS:TWG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG

Website

https://www.imperialcristalcaviar.com

Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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