Beein (WAR:BEE) ROCE % : 10.09% (As of Sep. 2024)

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What is Beein 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. Beein's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.09%.

Beein ROCE % Historical Data

The historical data trend for Beein'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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Beein ROCE % Chart

Beein Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-2.25

14.59

30.36

47.52

-5.02

Beein Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												-22.95	-65.09	8.91	5.95	10.09

Beein ROCE % Calculation

Beein'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 )
	=	-0.373	/	( ( (14.453 - 6.584)	+	(14.712 - 7.708) )	/ 2 )
	=	-0.373	/	( (7.869	+	7.004)	/ 2 )
	=	-0.373	/	7.4365
	=	-5.02 %

Beein's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	0.724	/	( ( (14.968 - 7.96)	+	(15.505 - 8.168) )	/ 2 )
	=	0.724	/	( ( 7.008	+	7.337 )	/ 2 )
	=	0.724	/	7.1725
	=	10.09 %

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

Beein (WAR:BEE) 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.

Beein ROCE % Related Terms

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