Fu-Wang Foods (DHA:FUWANGFOOD) ROCE % : -16.32% (As of Sep. 2023)

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What is Fu-Wang Foods 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. Fu-Wang Foods's annualized ROCE % for the quarter that ended in Sep. 2023 was -16.32%.

Fu-Wang Foods ROCE % Historical Data

The historical data trend for Fu-Wang Foods'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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Fu-Wang Foods ROCE % Chart

Fu-Wang Foods Annual Data

Trend

Jun13

Jun14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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11.34

6.63

2.10

-23.23

-14.08

Fu-Wang Foods Quarterly Data
	Mar16	Jun16	Mar17	Jun17	Mar18	Jun18	Mar19	Jun19	Sep19	Jun20	Sep20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-114.91	6.35	11.23	-83.07	-16.32

Fu-Wang Foods ROCE % Calculation

Fu-Wang Foods's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-54.42	/	( ( (1196.406 - 759.461)	+	(1208.273 - 872.085) )	/ 2 )
	=	-54.42	/	( (436.945	+	336.188)	/ 2 )
	=	-54.42	/	386.5665
	=	-14.08 %

Fu-Wang Foods's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-56.136	/	( ( (1208.273 - 872.085)	+	(1218.558 - 866.973) )	/ 2 )
	=	-56.136	/	( ( 336.188	+	351.585 )	/ 2 )
	=	-56.136	/	343.8865
	=	-16.32 %

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

Fu-Wang Foods (DHA:FUWANGFOOD) 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.

Fu-Wang Foods ROCE % Related Terms

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Fu-Wang Foods (DHA:FUWANGFOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fu-Wang Foods Ltd (DHA:FUWANGFOOD) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

House No. 55, Road No. 17, Banani Commercial Area, Fu-Wang Building, Dhaka, BGD, 1213

Website

https://www.fuwangfoodsltd.com

Fu-Wang Foods Ltd is a Bangladesh-based company, which owns and operates industrial plants for food items. The products offered by the group include Bread, Biscuits, Cake, Toast, Wafer Bar, Chocolate, Instant Noodles, Drinking Water, Carbonated Drinks, Boroi Chutney, Lascha Shemai, and Energy Drinks.

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