W&B Technology (ROCO:7744) ROCE % : 0.00% (As of Jun. 2024)

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What is W&B Technology 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. W&B Technology's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

W&B Technology ROCE % Historical Data

The historical data trend for W&B Technology'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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W&B Technology ROCE % Chart

W&B Technology Annual Data

Trend

Dec22

Dec23

ROCE %

75.00

55.15

W&B Technology Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
ROCE %	-	-	-	-

W&B Technology ROCE % Calculation

W&B Technology'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 )
	=	298.639	/	( ( (1062.336 - 789.778)	+	(1276.847 - 466.425) )	/ 2 )
	=	298.639	/	( (272.558	+	810.422)	/ 2 )
	=	298.639	/	541.49
	=	55.15 %

W&B Technology'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 )
	=	0	/	( ( (1276.847 - 466.425)	+	(1506.637 - 505.675) )	/ 2 )
	=	0	/	( ( 810.422	+	1000.962 )	/ 2 )
	=	0	/	905.692
	=	0.00 %

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

W&B Technology (ROCO:7744) 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.

W&B Technology ROCE % Related Terms

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W&B Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » W&B Technology Ltd (ROCO:7744) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shizheng North 7th Road, Room 9, 11th Floor, No. 186, Xitun District, Taichung, TWN, 407

Website

https://wnbtech.com/zh

W&B Technology Ltd is engaged in the field of mechanical component manufacturing and assembly. Its technology includes injection molding, stamping, machining, die casting, value-added assembly, supply chain management, program management, mechanical engineering, and product development.

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