Greatwall Ent (TPE:1210) ROCE % : 16.89% (As of Jun. 2024)

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What is Greatwall Ent 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. Greatwall Ent's annualized ROCE % for the quarter that ended in Jun. 2024 was 16.89%.

Greatwall Ent ROCE % Historical Data

The historical data trend for Greatwall Ent'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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Greatwall Ent ROCE % Chart

Greatwall Ent Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.11

18.25

10.45

12.58

19.45

Greatwall Ent Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															21.76	24.09	17.25	16.96	16.89

Greatwall Ent ROCE % Calculation

Greatwall Ent'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 )
	=	6621.095	/	( ( (62341.521 - 30479.721)	+	(64827.616 - 28608.887) )	/ 2 )
	=	6621.095	/	( (31861.8	+	36218.729)	/ 2 )
	=	6621.095	/	34040.2645
	=	19.45 %

Greatwall Ent'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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	6016.212	/	( ( (65598.843 - 30215.111)	+	(66272.471 - 30421.785) )	/ 2 )
	=	6016.212	/	( ( 35383.732	+	35850.686 )	/ 2 )
	=	6016.212	/	35617.209
	=	16.89 %

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

Greatwall Ent (TPE:1210) 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.

Greatwall Ent ROCE % Related Terms

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Greatwall Ent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Greatwall Ent (TPE:1210) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Niao-Song 2nd street, Yongkang District, Tainan, TWN, 71042

Website

https://www.dachan.com

Greatwall Ent focuses on food, restaurant, and livestock businesses in China. The company's segment includes Grain; Meat; Food; Catering and shopping malls; Southeast Asia; East Asia and others. It generates maximum revenue from the Grain segment. Grain Segment includes vertically integrated production and sales of feed, flour, fermented soybean meal, pork, and laying hens.

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