Beijing WKW Automotive Parts Co (SZSE:002662) ROCE % : 3.35% (As of Dec. 2024)

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What is Beijing WKW Automotive Parts 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. Beijing WKW Automotive Parts Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 3.35%.

Beijing WKW Automotive Parts Co ROCE % Historical Data

The historical data trend for Beijing WKW Automotive Parts 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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Beijing WKW Automotive Parts Co ROCE % Chart

Beijing WKW Automotive Parts Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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9.93

7.35

14.81

14.99

9.71

Beijing WKW Automotive Parts Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															18.30	12.70	10.21	12.76	3.35

Beijing WKW Automotive Parts Co ROCE % Calculation

Beijing WKW Automotive Parts Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	413.044	/	( ( (5219.669 - 1077.17)	+	(5315.357 - 946.81) )	/ 2 )
	=	413.044	/	( (4142.499	+	4368.547)	/ 2 )
	=	413.044	/	4255.523
	=	9.71 %

Beijing WKW Automotive Parts Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	145.32	/	( ( (5304.029 - 993.304)	+	(5315.357 - 946.81) )	/ 2 )
	=	145.32	/	( ( 4310.725	+	4368.547 )	/ 2 )
	=	145.32	/	4339.636
	=	3.35 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Beijing WKW Automotive Parts Co (SZSE:002662) 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.

Beijing WKW Automotive Parts Co ROCE % Related Terms

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Beijing WKW Automotive Parts Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beijing WKW Automotive Parts Co Ltd (SZSE:002662) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Huangcun Town,Xizhuang Village, Tiantang River, Daxing, CHN, 102609

Website

http://www.beijing-wkw.com

Beijing WKW Automotive Parts Co Ltd is a comprehensive manufacturer and service provider of automotive interior and exterior trim system, key functional components and intelligent electronic systems. In addition, the company owns advanced automated processing centers, aluminum alloy oxidation, metal painting, and surface treatment process technologies. Its products are mainly oriented to medium and high-end passenger vehicles. The product range comprises skylight frame, luggage rack, roof drip rail, side beam molding, exterior molding of the car door, among others.

Executives

Yan Rui	Supervisors
Liang Zhen An	Independent director
Wang Li Hua	Executives

Beijing WKW Automotive Parts Co Headlines

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