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Window Asia PCL (BKK:WINDOW) ROCE % : -4.27% (As of Dec. 2023)


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What is Window Asia 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. Window Asia PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.27%.


Window Asia PCL ROCE % Historical Data

The historical data trend for Window Asia 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.

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Window Asia PCL ROCE % Chart

Window Asia PCL Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
27.70 17.16 5.26

Window Asia PCL Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % - 33.81 4.24 18.02 -4.27

Window Asia PCL ROCE % Calculation

Window Asia 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 )
=41.713/( ( (1061.491 - 443.039) + (1196.116 - 228.606) )/ 2 )
=41.713/( (618.452+967.51)/ 2 )
=41.713/792.981
=5.26 %

Window Asia 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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-35.688/( ( (1194.496 - 490.96) + (1196.116 - 228.606) )/ 2 )
=-35.688/( ( 703.536 + 967.51 )/ 2 )
=-35.688/835.523
=-4.27 %

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

* 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.


Window Asia PCL  (BKK:WINDOW) 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.


Window Asia PCL ROCE % Related Terms

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Window Asia PCL (BKK:WINDOW) Business Description

Traded in Other Exchanges
N/A
Address
Rama 2 Road, 15/1 Village No. 1, Bang Chuet, Mueang, Samut Sakhon, THA, 74000
Window Asia PCL is engaged in the manufacturing and selling of doors, windows, fences, and construction components. The company has four segments Modern Trade, Traditional Trade, Window Asia Shop, and others and the majority of its revenue is generated from the modern trade segment.

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