Wellspire Holdings Bhd (XKLS:0271) ROCE % : 9.41% (As of Mar. 2024)

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What is Wellspire Holdings Bhd 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. Wellspire Holdings Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 9.41%.

Wellspire Holdings Bhd ROCE % Historical Data

The historical data trend for Wellspire Holdings Bhd'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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Wellspire Holdings Bhd ROCE % Chart

Wellspire Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

72.72

136.04

95.05

26.32

15.97

Wellspire Holdings Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial							21.62	14.95	11.36	7.28	9.41

Wellspire Holdings Bhd ROCE % Calculation

Wellspire Holdings Bhd'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 )
	=	7.604	/	( ( (40.625 - 10.02)	+	(71.318 - 6.676) )	/ 2 )
	=	7.604	/	( (30.605	+	64.642)	/ 2 )
	=	7.604	/	47.6235
	=	15.97 %

Wellspire Holdings Bhd'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 )
	=	6.068	/	( ( (71.318 - 6.676)	+	(70.747 - 6.395) )	/ 2 )
	=	6.068	/	( ( 64.642	+	64.352 )	/ 2 )
	=	6.068	/	64.497
	=	9.41 %

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

Wellspire Holdings Bhd (XKLS:0271) 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.

Wellspire Holdings Bhd ROCE % Related Terms

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Wellspire Holdings Bhd (XKLS:0271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wellspire Holdings Bhd (XKLS:0271) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Jalan Pinang, Lot D/E, Level 12, Tower 1, Etiqa Twins, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.wellspireholdings.com

Wellspire Holdings Bhd is engaged in the distribution and online retailing of consumer packaged foods. The group's snack foods are sourced locally from Thailand and imported from China. The company's distributed product range includes Sunflower seeds, Other seeds and nuts, and Baked and confectionery products. It distributes two third-party brands and three own brands, with a total of 43 SKUs of snack foods.

Wellspire Holdings Bhd (XKLS:0271) Headlines

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