Sunplus Innovation Technology (ROCO:5236) ROCE % : 23.47% (As of Mar. 2024)

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What is Sunplus Innovation Technology 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. Sunplus Innovation Technology's annualized ROCE % for the quarter that ended in Mar. 2024 was 23.47%.

Sunplus Innovation Technology ROCE % Historical Data

The historical data trend for Sunplus Innovation Technology'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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Sunplus Innovation Technology ROCE % Chart

Sunplus Innovation Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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16.91

48.21

39.59

18.30

20.08

Sunplus Innovation Technology Quarterly Data
	Dec18	Jun19	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															13.31	19.91	28.88	23.83	23.47

Sunplus Innovation Technology ROCE % Calculation

Sunplus Innovation Technology'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 )
	=	505.789	/	( ( (2920.713 - 424.793)	+	(2948.369 - 405.586) )	/ 2 )
	=	505.789	/	( (2495.92	+	2542.783)	/ 2 )
	=	505.789	/	2519.3515
	=	20.08 %

Sunplus Innovation Technology'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 )
	=	564.464	/	( ( (2948.369 - 405.586)	+	(3001.861 - 734.394) )	/ 2 )
	=	564.464	/	( ( 2542.783	+	2267.467 )	/ 2 )
	=	564.464	/	2405.125
	=	23.47 %

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

Sunplus Innovation Technology (ROCO:5236) 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.

Sunplus Innovation Technology ROCE % Related Terms

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Sunplus Innovation Technology (ROCO:5236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunplus Innovation Technology Inc (ROCO:5236) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

No. 1, Li-Hsin 1st Road, A2, 3rd Floor, Hsinchu Science Park, Taiwan, TWN, 300

Website

http://www.sunplusit.com

Sunplus Innovation Technology Inc is engaged in the business of developing, manufacturing, and marketing the Microcontrollers and System-on-Chips with embedded software solutions targeting Human Interface Devices, PC External HDD/ODD Drives, PC/NB Camera and Industry Control market segments. The product portfolio includes Web camera controllers, NB camera controllers, IOT camera controllers, and other products.

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