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Wei Yuan Holdings (HKSE:01343) ROCE % : 5.70% (As of Dec. 2023)


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What is Wei Yuan Holdings 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. Wei Yuan Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.70%.


Wei Yuan Holdings ROCE % Historical Data

The historical data trend for Wei Yuan Holdings'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.

Wei Yuan Holdings ROCE % Chart

Wei Yuan Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 25.33 -5.96 6.87 8.29 6.74

Wei Yuan Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.85 7.68 7.66 5.70 4.79

Wei Yuan Holdings ROCE % Calculation

Wei Yuan Holdings'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 )
=24.149/( ( (647.585 - 294.178) + (640.901 - 277.256) )/ 2 )
=24.149/( (353.407+363.645)/ 2 )
=24.149/358.526
=6.74 %

Wei Yuan Holdings'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 )
=20.696/( ( (635.752 - 273.637) + (640.901 - 277.256) )/ 2 )
=20.696/( ( 362.115 + 363.645 )/ 2 )
=20.696/362.88
=5.70 %

(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.


Wei Yuan Holdings  (HKSE:01343) 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.


Wei Yuan Holdings ROCE % Related Terms

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Wei Yuan Holdings Business Description

Traded in Other Exchanges
N/A
Address
37 Kranji Link, Singapore, SGP, 728643
Wei Yuan Holdings Ltd is a contractor specialized in the provision of civil engineering utilities works. The company is engaged in contract works in relation to the installation of power cables, telecommunication cables (including ISP works and OSP works) and sewerage pipelines by applying methods such as open cut excavation or trenchless methods; road milling and resurfacing services; ancillary and other support services; and sales of goods and milled waste.
Executives
Ng Tian Soo
Huang Lei 2101 Beneficial owner
Chai Kwee Lim 2201 Interest of corporation controlled by you
Chen Teck Men 2202 Interest of your spouse
Ng Mei Lian 2201 Interest of corporation controlled by you
Ng Tian Fah 2201 Interest of corporation controlled by you
Ng Tian Kew 2201 Interest of corporation controlled by you
Pang Kip Moi 2202 Interest of your spouse
Phang May Lan 2202 Interest of your spouse
Tang Siaw Tien 2202 Interest of your spouse
Wg International (bvi) Limited 2101 Beneficial owner

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