Wai Chi Holdings Co (HKSE:01305) ROCE % : 13.09% (As of Jun. 2024)

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What is Wai Chi Holdings Co 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. Wai Chi Holdings Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 13.09%.

Wai Chi Holdings Co ROCE % Historical Data

The historical data trend for Wai Chi Holdings Co'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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Wai Chi Holdings Co ROCE % Chart

Wai Chi Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.08

7.87

11.82

11.67

8.91

Wai Chi Holdings Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															12.50	10.74	10.00	7.91	13.09

Wai Chi Holdings Co ROCE % Calculation

Wai Chi Holdings Co'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 )
	=	76.743	/	( ( (2722.787 - 1871.803)	+	(2398.723 - 1526.446) )	/ 2 )
	=	76.743	/	( (850.984	+	872.277)	/ 2 )
	=	76.743	/	861.6305
	=	8.91 %

Wai Chi Holdings Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	119.548	/	( ( (2398.723 - 1526.446)	+	(2698.537 - 1743.571) )	/ 2 )
	=	119.548	/	( ( 872.277	+	954.966 )	/ 2 )
	=	119.548	/	913.6215
	=	13.09 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Wai Chi Holdings Co (HKSE:01305) 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.

Wai Chi Holdings Co ROCE % Related Terms

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Wai Chi Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wai Chi Holdings Co Ltd (HKSE:01305) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 King Yip Street, 6th Floor, Liven House, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.waichiholdings.com

Wai Chi Holdings Co Ltd engages in the manufacturing of light-emitting diode (LED) products for public and commercial use. It operates through the following segments: LED Backlight, LED Lighting, and Semiconductor memory chips. The LED backlight segment engages in the manufacturing and trading of LED backlight products in different sizes and applications. The LED lighting segment engages in the manufacturing and trading of LED lighting products for public and commercial use. The Semiconductor memory chips segment engages Provision of packaging and testing services and related product sourcing business. Geographically the company receives maximum revenue from the People's Republic of China.

Executives

Luk Fong	2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares
Yiu Chi To	2201 Interest of corporation controlled by you
Rui Shi Ke Ji You Xian Gong Si	2101 Beneficial owner

Wai Chi Holdings Co Headlines

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