WellCell Holdings Co (HKSE:02477) ROCE % : 17.81% (As of Jun. 2024)

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What is WellCell 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. WellCell Holdings Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 17.81%.

WellCell Holdings Co ROCE % Historical Data

The historical data trend for WellCell 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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WellCell Holdings Co ROCE % Chart

WellCell Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

49.92

42.70

35.38

26.87

WellCell Holdings Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			34.92	37.33	40.94	13.53	17.81

WellCell Holdings Co ROCE % Calculation

WellCell 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 )
	=	26.432	/	( ( (182.227 - 83.127)	+	(200.809 - 103.191) )	/ 2 )
	=	26.432	/	( (99.1	+	97.618)	/ 2 )
	=	26.432	/	98.359
	=	26.87 %

WellCell 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 )
	=	27.124	/	( ( (200.809 - 103.191)	+	(296.069 - 89.047) )	/ 2 )
	=	27.124	/	( ( 97.618	+	207.022 )	/ 2 )
	=	27.124	/	152.32
	=	17.81 %

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

WellCell Holdings Co (HKSE:02477) 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.

WellCell Holdings Co ROCE % Related Terms

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WellCell Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WellCell Holdings Co Ltd (HKSE:02477) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Lvyou Road, Room 2105, Building 2, Meixi Commercial Plaza, Xiangzhou, Guangdong, Zhuhai, CHN

Website

https://www.wellcell.com.cn

WellCell Holdings Co Ltd is a telecommunication network support and information and communication technology (ICT) integration services provider and software developer in the PRC. Its telecommunication network support services mainly include the provision of (i) wireless telecommunication network enhancement services, encompassing both routine and specific services for improving connectivity, quality and coverage of a telecommunication network and/or for troubleshooting telecommunication network issues for its customers; and (ii) telecommunication network infrastructure maintenance and engineering services, involving routine maintenance and emergency restoration of the operations of base stations, and provision of engineering and labour services in projects related to the construction.

Executives

Hang Feng International Holdings Co., Limited	2101 Beneficial owner
Qian Fenglei	2201 Interest of corporation controlled by you
Lin Qi Hao	2101 Beneficial owner
Jia Zheng Yi	2201 Interest of corporation controlled by you
Zheng Li	2202 Interest of your spouse
Zhong Shu Min	2202 Interest of your spouse
Wellcell Group Co.,limited	2201 Interest of corporation controlled by you
Cheer Partners Limited
Shine Dynasty Limited
Cheer Partners Co., Limited	2101 Beneficial owner
Shine Dynasty Co., Limited	2201 Interest of corporation controlled by you

WellCell Holdings Co Headlines

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