Vichitbhan Palmoil PCL (BKK:VPO) ROCE % : -41.46% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Vichitbhan Palmoil PCL 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. Vichitbhan Palmoil PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was -41.46%.

Vichitbhan Palmoil PCL ROCE % Historical Data

The historical data trend for Vichitbhan Palmoil PCL'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.

* Premium members only.

Vichitbhan Palmoil PCL ROCE % Chart

Vichitbhan Palmoil PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-3.15

-1.20

11.42

5.70

-19.21

Vichitbhan Palmoil PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-17.18	-15.00	19.82	-39.43	-41.46

Vichitbhan Palmoil PCL ROCE % Calculation

Vichitbhan Palmoil PCL'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 )
	=	-108.863	/	( ( (740.036 - 124.39)	+	(698.95 - 181.439) )	/ 2 )
	=	-108.863	/	( (615.646	+	517.511)	/ 2 )
	=	-108.863	/	566.5785
	=	-19.21 %

Vichitbhan Palmoil PCL'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 )
	=	-227.128	/	( ( (703.315 - 125.179)	+	(698.95 - 181.439) )	/ 2 )
	=	-227.128	/	( ( 578.136	+	517.511 )	/ 2 )
	=	-227.128	/	547.8235
	=	-41.46 %

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

Vichitbhan Palmoil PCL (BKK:VPO) 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.

Vichitbhan Palmoil PCL ROCE % Related Terms

Thank you for viewing the detailed overview of Vichitbhan Palmoil PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Vichitbhan Palmoil PCL (BKK:VPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vichitbhan Palmoil PCL (BKK:VPO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phetburi Extension Road, 2044, Chavananand Building, Bangkapi, Huaykwang, Bangkok, THA, 10310

Website

http://www.vcbpalmoil.com

Vichitbhan Palmoil PCL is a Thailand-based company engaged in palm plantation and palm oil extraction. Its product line consists of crude palm oil, palm kernel, by-products such as shells, empty bunches, decanter cakes, and palm fiber products, and electricity which is produced from the treated waste water of the Palm Oil Crushing Mill. The company only caters to the Thailand market. It also provides logistics services for customers.

Vichitbhan Palmoil PCL (BKK:VPO) Headlines

No Headlines