Hangzhou Weiguang Electronic Co (SZSE:002801) ROCE % : -2.17% (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Hangzhou Weiguang Electronic 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. Hangzhou Weiguang Electronic Co's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.17%.

Hangzhou Weiguang Electronic Co ROCE % Historical Data

The historical data trend for Hangzhou Weiguang Electronic 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.

* Premium members only.

Hangzhou Weiguang Electronic Co ROCE % Chart

Hangzhou Weiguang Electronic Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

20.27

18.98

24.10

8.46

15.97

Hangzhou Weiguang Electronic 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															-29.99	20.92	24.66	20.64	-2.17

Hangzhou Weiguang Electronic Co ROCE % Calculation

Hangzhou Weiguang Electronic 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 )
	=	253.105	/	( ( (1799.706 - 295.064)	+	(2109.165 - 443.816) )	/ 2 )
	=	253.105	/	( (1504.642	+	1665.349)	/ 2 )
	=	253.105	/	1584.9955
	=	15.97 %

Hangzhou Weiguang Electronic 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 )
	=	-36.36	/	( ( (2032.456 - 352.474)	+	(2109.165 - 443.816) )	/ 2 )
	=	-36.36	/	( ( 1679.982	+	1665.349 )	/ 2 )
	=	-36.36	/	1672.6655
	=	-2.17 %

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

Hangzhou Weiguang Electronic Co (SZSE:002801) 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.

Hangzhou Weiguang Electronic Co ROCE % Related Terms

Thank you for viewing the detailed overview of Hangzhou Weiguang Electronic Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hangzhou Weiguang Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hangzhou Weiguang Electronic Co Ltd (SZSE:002801) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

365 Xingzhong Road, Yuhang Economic Development Zone, Zhejiang, Hangzhou, CHN, 311100

Website

http://www.wgmotor.com

Hangzhou Weiguang Electronic Co Ltd engages in the development, manufacturing, and sale of micro-motor and fans motor used for heating, ventilating, and air conditioning. Its products include electronically commutated motors and controlling motors, axial fans, external rotor motors, centrifugal fans, shaded pole motors, pin terminal motors, plug motors, capacitance motors, air flow, fan blade, grid, and bracket.

Executives

Ni Da Ming

Directors, executives

Hangzhou Weiguang Electronic Co Headlines

No Headlines