Wonder Pets Enterprises (ROCO:6968) ROCE % : 6.22% (As of Dec. 2023)

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What is Wonder Pets Enterprises 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. Wonder Pets Enterprises's annualized ROCE % for the quarter that ended in Dec. 2023 was 6.22%.

Wonder Pets Enterprises ROCE % Historical Data

The historical data trend for Wonder Pets Enterprises'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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Wonder Pets Enterprises ROCE % Chart

Wonder Pets Enterprises Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

4.30

9.06

7.50

7.49

Wonder Pets Enterprises Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-	7.05	7.82	8.58	6.22

Wonder Pets Enterprises ROCE % Calculation

Wonder Pets Enterprises'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 )
	=	120.248	/	( ( (2229.611 - 730.454)	+	(2390.467 - 677.213) )	/ 2 )
	=	120.248	/	( (1499.157	+	1713.254)	/ 2 )
	=	120.248	/	1606.2055
	=	7.49 %

Wonder Pets Enterprises'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 )
	=	104.886	/	( ( (2377.249 - 716.877)	+	(2390.467 - 677.213) )	/ 2 )
	=	104.886	/	( ( 1660.372	+	1713.254 )	/ 2 )
	=	104.886	/	1686.813
	=	6.22 %

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

Wonder Pets Enterprises (ROCO:6968) 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.

Wonder Pets Enterprises ROCE % Related Terms

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Wonder Pets Enterprises (ROCO:6968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wonder Pets Enterprises Corp (ROCO:6968) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 F.-3, No. 23, Sector 1, Chang'an East Road, Zhongshan District, Taipei, TWN, 104403

Website

https://www.wonderpet.asia

Wonder Pets Enterprises Corp is a company providing pet products, channels, and services. The company under various brand names through which it sells its products such as pet park, Kaido pet, fur kids market and Cat and Dog Captain.

Wonder Pets Enterprises (ROCO:6968) Headlines

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