Wei Chuan Foods (TPE:1201) ROCE % : 8.03% (As of Mar. 2024)

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What is Wei Chuan Foods 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. Wei Chuan Foods's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.03%.

Wei Chuan Foods ROCE % Historical Data

The historical data trend for Wei Chuan Foods'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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Wei Chuan Foods ROCE % Chart

Wei Chuan Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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18.04

5.84

6.97

3.58

4.90

Wei Chuan Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															7.06	3.86	4.61	3.90	8.03

Wei Chuan Foods ROCE % Calculation

Wei Chuan Foods'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 )
	=	547.619	/	( ( (17659.407 - 6206.831)	+	(18027.715 - 7149.46) )	/ 2 )
	=	547.619	/	( (11452.576	+	10878.255)	/ 2 )
	=	547.619	/	11165.4155
	=	4.90 %

Wei Chuan Foods's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	870.412	/	( ( (18027.715 - 7149.46)	+	(17809.392 - 7021.712) )	/ 2 )
	=	870.412	/	( ( 10878.255	+	10787.68 )	/ 2 )
	=	870.412	/	10832.9675
	=	8.03 %

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

Wei Chuan Foods (TPE:1201) 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.

Wei Chuan Foods ROCE % Related Terms

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Wei Chuan Foods (TPE:1201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wei Chuan Foods Corp (TPE:1201) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 125, Sung Chiang Road, 10th Floor, Taipei, TWN

Website

https://www.weichuan.com.tw

Wei Chuan Foods Corp is a Taiwan-based company that manufactures, wholesales, and retails food products. The company's products include dairy products, beverages and instant foods. The company operating segment includes Food; Packaging and others. It generates maximum revenue from the Food segment.

Wei Chuan Foods (TPE:1201) Headlines

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