Weilong Delicious Global Holdings (HKSE:09985) ROCE % : 24.97% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Weilong Delicious Global 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. Weilong Delicious Global Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 24.97%.

Weilong Delicious Global Holdings ROCE % Historical Data

The historical data trend for Weilong Delicious Global 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.

Weilong Delicious Global Holdings ROCE % Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

101.48

84.14

39.01

8.31

21.32

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			31.97	20.02	-0.21	18.16	24.97

Weilong Delicious Global Holdings ROCE % Calculation

Weilong Delicious Global 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 )
	=	1422.785	/	( ( (7739.207 - 1116.989)	+	(7715.02 - 993.17) )	/ 2 )
	=	1422.785	/	( (6622.218	+	6721.85)	/ 2 )
	=	1422.785	/	6672.034
	=	21.32 %

Weilong Delicious Global 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 )
	=	1652.726	/	( ( (7927.185 - 1409.388)	+	(7715.02 - 993.17) )	/ 2 )
	=	1652.726	/	( ( 6517.797	+	6721.85 )	/ 2 )
	=	1652.726	/	6619.8235
	=	24.97 %

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

Weilong Delicious Global Holdings (HKSE:09985) 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.

Weilong Delicious Global Holdings ROCE % Related Terms

Thank you for viewing the detailed overview of Weilong Delicious Global Holdings's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

Executives

Adroit Fairy Limited
Amused Town Limited
Hh Global Capital Ltd
Tct (bvi) Limited
The Core Trust Company Limited
Hh Green Philosophy Ltd	2305 Beneficiary of a trust
Hh Innovation Group Ltd	2305 Beneficiary of a trust
Liu Fuping	2305 Beneficiary of a trust
Liu Weiping	2305 Beneficiary of a trust

Weilong Delicious Global Holdings (HKSE:09985) Headlines

No Headlines