Wing Yip Food Holdings Group (XKRX:900340) ROCE % : 13.75% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Wing Yip Food Holdings Group 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. Wing Yip Food Holdings Group's annualized ROCE % for the quarter that ended in Mar. 2024 was 13.75%.

Wing Yip Food Holdings Group ROCE % Historical Data

The historical data trend for Wing Yip Food Holdings Group'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.

Wing Yip Food Holdings Group ROCE % Chart

Wing Yip Food Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

17.45

15.21

15.85

11.18

11.27

Wing Yip Food Holdings Group 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															5.10	18.45	14.01	6.91	13.75

Wing Yip Food Holdings Group ROCE % Calculation

Wing Yip Food Holdings Group'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 )
	=	22014.681	/	( ( (207116.351 - 20602.111)	+	(233228.198 - 29203.026) )	/ 2 )
	=	22014.681	/	( (186514.24	+	204025.172)	/ 2 )
	=	22014.681	/	195269.706
	=	11.27 %

Wing Yip Food Holdings Group'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 )
	=	28828.876	/	( ( (233228.198 - 29203.026)	+	(242244.669 - 27008.834) )	/ 2 )
	=	28828.876	/	( ( 204025.172	+	215235.835 )	/ 2 )
	=	28828.876	/	209630.5035
	=	13.75 %

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

Wing Yip Food Holdings Group (XKRX:900340) 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.

Wing Yip Food Holdings Group ROCE % Related Terms

Thank you for viewing the detailed overview of Wing Yip Food Holdings Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Wing Yip Food Holdings Group (XKRX:900340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wing Yip Food Holdings Group Ltd (XKRX:900340) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

No. 9, Guanxian North Road, Yushan Village, Huangbu Town, Guangdong Province, Zhongshan, CHN

Website

http://www.wingyip-food.com

Wing Yip Food Holdings Group Ltd is a meat producer. The company is mainly engaged in offering ready to eat and packaged meat dishes. Its product offerings include supreme crispy sausage, fully thin sausage, Chinese sausage, Dongguan Erba sausage, yellow scorpion sausage, alcohol sausage, and meat chop.

Wing Yip Food Holdings Group (XKRX:900340) Headlines

No Headlines